Osaic Holdings Raises MGE Energy Stake by 84.4% to $2.79M Position

MGEEMGEE

Osaic Holdings boosted its MGE Energy stake by 84.4% in Q2 to 31,499 shares valued at $2.79 million, joining First Trust Advisors LP’s 401,361-share position valued at $44.2 million. MGE Energy reported $1.22 EPS, topping estimates by $0.03, and announced a $0.475 quarterly dividend, bringing its annual payout to $1.90 (2.4% yield).

Sources

DD