PNM Resources (PNM) Raises Annual Dividend 10% to $0.22; 0.8% Yield

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PNM Resources Board Increases Dividend Payment, Declares Quarterly Common Stock Dividend

December 10, 2015 7:08 PM EST

ALBUQUERQUE, N.M., Dec. 10, 2015 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of PNM Resources (NYSE: PNM) unanimously voted to increase the company's annual dividend payment by $0.08, a 10.0 percent increase, to an indicated annual rate of $0.88 per share of common stock. This is consistent with the company's target to pay out 50... More