PNM Resources Board Declares Quarterly Common Stock Dividend
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Overall Analyst Rating:
NEUTRAL ( Down)
Dividend Yield: 4.2%
Revenue Growth %: +1.3%
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ALBUQUERQUE, N.M., Aug. 5, 2022 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of PNM Resources (NYSE: PNM) declared the regular quarterly dividend of $0.3475 per share on the company's common stock. The dividend is payable August 31, 2022 to shareholders of record at the close of business August 17, 2022.
Background:PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with preliminary 2021 consolidated operating revenues of $1.8 billion. Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity to approximately 800,000 homes and businesses in New Mexico and Texas. PNM serves its customers with a diverse mix of generation and purchased power resources totaling 3.1 gigawatts of capacity, with a goal to achieve 100% emissions-free energy by 2040. For more information, visit the company's website at www.PNMResources.com.
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SOURCE PNM Resources, Inc.
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