MGE Energy Increases Dividend for 50th Consecutive Year

What is the current dividend yield compared to industry peers and historical levels? How does MGE's earnings growth support the increased dividend? What is the market's expectation for future dividend growth and is it priced in? How does MGE's dividend growth rate compare to its main competitors in the utility sector? What is the impact on the company's balance sheet and cash flow from the higher dividend? Are there any changes in the company's capital allocation strategy or investment plans? What are the potential tax implications for investors from a higher dividend? How might this news affect analyst consensus and target price for MGE? How will the dividend increase affect MGE's share price in the short and medium term? What is the payout ratio and how sustainable is a 50‑year dividend streak?