DIVIDEND ANNOUNCEMENT: PNM Resources Inc (NYSE:PNM) on 12/04/2020 declared a dividend of $0.3275 per share

PNM Resources Inc (NYSE:PNM) on 12/04/2020 declared a dividend of $ 0.3275 per share payable on February 16, 2021 to shareholders of record as of February 03, 2021. Dividend amount recorded is an increase of $ 0.02 from last dividend Paid.

PNM Resources Inc (NYSE:PNM) has paid dividends since 2002, has a current dividend yield of 2.6642260551% and has increased its dividends for 8 successive years.

PNM Resources Inc's market cap is $ 1,923,432,060 and has a PE ratio of 20.07. The stock price closed yesterday at $ 49.17 and has a 52 week low/high of $ 27.08 and $ 56.14.

PNM Resources is a holding company. Through its regulated utilities, Co. provides electricity and electric services in New Mexico and Texas. Co.'s electric utilities 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 area of north central New Mexico, including the cities of Albuquerque, Rio Rancho, and Santa Fe, and certain areas of southern New Mexico. TNMP is a regulated utility that provides transmission and distribution services in Texas under the provisions of TECA and the Texas Public Utility Regulatory Act.

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