PNM Resources Board Declares Quarterly Common Stock Dividend

ALBUQUERQUE, N.M., Feb. 24, 2017 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of PNM Resources (NYSE: PNM) declared the regular quarterly dividend of $0.2425 per share on the company's common stock. The dividend is payable May 15, 2017, to shareholders of record at the close of business May 1, 2017.

Background:PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2015 consolidated operating revenues of $1.4 billion. Through its regulated utilities, Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP), PNM Resources has approximately 2,787 megawatts of generation capacity and provides electricity to more than 760,000 homes and businesses in New Mexico and Texas. For more information, visit the company's website at www.PNMResources.com.

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SOURCE PNM Resources, Inc.