PNM Resources (PNM) Raises Quarterly Dividend 9.3% to $0.2650; 2.3% Yield
- Nasdaq outshines Wall St peers on tech boost, earnings glee
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- Boeing reports first revenue drop in 7 quarters as deliveries decline
- Oil prices steady after rallying on US stock decline, business data
- Yen on the brink, but Tesla pulls back
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Hasbro (HAS) brand strength sees earnings top expectations
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
PNM Resources Board Increases Dividend Payment, Declares Quarterly Common Stock Dividend
December 1, 2017 5:30 PM ESTALBUQUERQUE, N.M., Dec. 1, 2017 /PRNewswire/ -- The Board of Directors of PNM Resources (NYSE: PNM) yesterday unanimously voted to increase the company's annual dividend payment by $0.09, a 9.3 percent increase, to an indicated annual rate of $1.06 per share of common stock. This is consistent with the company's target to pay out 50 to 60 percent of annual ongoing earnings. The board has declared the resulting quarterly stock dividend of $0.2650 per share, payable February 1, 2018, to shareholders of record at the close of business January 18, 2018.
... More