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PNM Resources Inc Dividend Announcement

(NYSE:PNM), www.pnmresources.com

DIVIDEND ANNOUNCEMENT: PNM Resources Inc (NYSE:PNM) on 09/19/2018 declared a dividend of $0.2650 per share

September 19, 2018

PNM Resources Inc (NYSE:PNM) on 09/19/2018 declared a dividend of $ 0.2650 per share payable on November 16, 2018 to shareholders of record as of November 02, 2018.

PNM Resources Inc (NYSE:PNM) has paid dividends since 2002, has a current dividend yield of 2.63% and has increased its dividends for 6 successive years.

PNM Resources Inc's market cap is $ 1,574,499,500 and has a PE ratio of 43.75. The stock price closed yesterday at $ 40.25 and has a 52 week low/high of $ 33.75 and $ 46.00.

PNM Resources is a holding company with two regulated utilities providing electricity and electric services in New Mexico and Texas. Co.'s primary subsidiaries are Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP). PNM is an electric utility that provides electric generation, transmission, and distribution service to its rate-regulated customers in New Mexico. TNMP is a regulated utility engaged in providing transmission and distribution services in Texas under the provisions of Texas Electric Choice Act and the Texas Public Utility Regulatory Act. As of Dec 31 2017, PNM had 523,812 customers, while TNMP had 249,632 consumers.

For more information on PNM Resources Inc click here.

PNM Resources Inc current dividend information as per the date of this press release is:
Dividend Declaration Date: September 19, 2018
Dividend Ex Date: November 01, 2018
Dividend Record Date: November 02, 2018
Dividend Payment Date: November 16, 2018
Dividend Amount: $ 0.2650
 
 

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