November 19, 2017

MGE ENERGY, INC.
MGE Energy Declares Regular Dividend

May 17, 2017

The board of directors of MGE Energy, Inc. (Nasdaq: MGEE) declared the regular quarterly dividend of $0.3075 per share on the outstanding shares of the company's common stock, payable June 15, 2017, to shareholders of record at the close of business June 1, 2017.

MGE Energy has increased its dividend annually for the past 41 years and has paid cash dividends for more than 100 years.

About MGE Energy

MGE Energy is a public utility holding company. Its principal subsidiary, Madison Gas and Electric (MGE), generates and distributes electricity to 149,000 customers in Dane County, Wis., and purchases and distributes natural gas to 154,000 customers in seven south-central and western Wisconsin counties. MGE's roots in the Madison area date back more than 150 years.

For more information

MGE Energy
133 S Blair St
Madison Wisconsin
United States 53701-1231
www.mgeenergy.com


Steve Schultz
Corporate Communications Manager
sbschultz@mge.com
608-252-7219


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