DIVIDEND ANNOUNCEMENT: PNM Resources Inc (NYSE:PNM) on 03/01/2024 declared a dividend of $0.3875 per share

PNM Resources Inc (NYSE:PNM) on 03/01/2024 declared a dividend of $ 0.3875 per share payable on May 10, 2024 to shareholders of record as of April 26, 2024.

PNM Resources Inc (NYSE:PNM) has paid dividends since 2002, has a current dividend yield of 4.2454123497% and has increased its dividends for 12 successive years.

PNM Resources Inc's market cap is $ 1,428,198,180 and has a PE ratio of 20.28. The stock price closed yesterday at $ 36.51 and has a 52 week low/high of $ 34.62 and $ 49.27.

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.

For more information on PNM Resources Inc click here.