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October News: Earnings

1 Oct 2024 8:11 AM | Anonymous

Alliant Energy Announces Second Quarter 2024 Results

Alliant Energy has announced U.S. generally accepted accounting principles (GAAP) and non-GAAP consolidated unaudited earnings per share (EPS) for the three months ended June 30.

“We are pleased with the outcome of the settlement in our Iowa rate review and confident about the positive impact it will have promoting load growth while delivering consistent earnings and ensuring base rate stability for our customers,” said Lisa Barton, Alliant Energy President and CEO. “Excluding

timing of income taxes, which will reverse by year-end, and temperature impacts, our ongoing results for the first half of 2024 were in line with our expectations.

Through regulatory progress and strong economic growth with data centers, we believe we are positioned to achieve our long-term growth objectives.”


MGE Energy Increases Dividend for the 49th Consecutive Year

The Board of Directors of MGE Energy has increased the regular quarterly dividend rate by 5.3 percent to $0.45 per share on the outstanding shares of the company’s common stock.

The dividend was payable September 15, 2024, to shareholders of record September 1, 2024. This raises the annualized dividend rate by 9 cents from $1.71 per share to $1.80 per share.

“MGE Energy continues to focus on its mission to provide safe, reliable, affordable and sustainable energy and to provide value to our customers and shareholders,” according to Chairman, President and CEO Jeff Keebler. “This action by our board reinforces our commitment to regular, predictable and sustainable dividend growth, and it signals the continued strength and resilience of MGE Energy’s long-term business strategy for building your community energy company for the future.”

MGE Energy has increased its dividend annually for the past 49 years and has paid cash dividends for more than 110 years.

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