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Four RIG portfolio holdings—CMI, DUK, MGEE, and UNP—announced September dividend raises, reinforcing income growth despite broader market weakness. CMI delivered a standout 10% dividend increase, but with a 1.7% yield and elevated P/E, I maintain a hold and seek a lower entry point. DUK and MGEE provided modest raises. Both remain reliable dividend payers, but neither meets my buy criteria at current yields and…

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MGE (MGEE) have what it takes?

Dividend Kings are underperforming SPY in September, with a -4.22% average return versus SPY's marginal gain. Despite aggregate weakness, 29 Dividend Kings appear both undervalued and offer a long-term expected return of at least 10%. Recent dividend increases and higher projected earnings growth have modestly improved the Kings' average dividend growth rate to 4.49%.

Shares of MGE Energy Inc. (NASDAQ: MGEE - Get Free Report) hit a new 52-week low on Wednesday. The stock traded as low as $71.42 and last traded at $71.1950, with a volume of 4230 shares trading hands. The stock had previously closed at $72.86. Analysts Set New Price Targets A number of equities analysts have

Last month, MGE Energy hiked its dividend by 7%, extending its dividend growth streak to 51 consecutive years. The population of the regulated utility's service territory is expected to grow at the fastest rate in Wisconsin through 2050. MGEE maintains the best-in-class S&P credit rating in the country for regulated utilities.