DIVIDEND ANNOUNCEMENT: PNM Resources Inc (NYSE:PNM) on 09/19/2023 declared a dividend of $0.3675 per share

PNM Resources Inc (NYSE:PNM) on 09/19/2023 declared a dividend of $ 0.3675 per share payable on November 10, 2023 to shareholders of record as of October 27, 2023.

PNM Resources Inc (NYSE:PNM) has paid dividends since 2002, has a current dividend yield of 3.3561644554% and has increased its dividends for 11 successive years.

PNM Resources Inc's market cap is $ 1,713,368,400 and has a PE ratio of 18.02. The stock price closed yesterday at $ 43.80 and has a 52 week low/high of $ 42.75 and $ 49.60.

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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