PNM - Dividend announcements

ALBUQUERQUE, N.M., July 16, 2024 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of PNM Resources (NYSE:PNM) declared the regular quarterly dividend of $0.3875 per share on the company's common stock. The dividend is payable August 9, 2024, to shareholders of record at the close of business July 26, 2024. Background:PNM Resources (NYSE:PNM) is an energy holding company based in Albuquerque, N.M., with 2023 consolidated operating revenues of $1.9 billion. Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity to more than 800

ALBUQUERQUE, N.M., June 4, 2024 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of PNM Resources (NYSE:PNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable July 15, 2024, to shareholders of record at the close of business June 28, 2024. Background:PNM Resources (NYSE:PNM) is an energy holding company based in Albuquerque, N.M., with 2023 consolidated operating revenues of $1.9 billion. Through its regulated utilities, PNM a

ALBUQUERQUE, N.M., March 11, 2024 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of PNM Resources (NYSE:PNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable April 15, 2024, to shareholders of record at the close of business March 29, 2024. Background: PNM Resources (NYSE:PNM) is an energy holding company based in Albuquerque, N.M., with 2023 consolidated operating revenues of $1.9 billion. Through its regulated utilities,

ALBUQUERQUE, N.M., March 1, 2024 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of PNM Resources (NYSE:PNM) declared the regular quarterly dividend of $0.3875 per share on the company's common stock. The dividend is payable May 10, 2024, to shareholders of record at the close of business April 26, 2024. Background:PNM Resources (NYSE:PNM) is an energy holding company based in Albuquerque, N.M., with 2023 consolidated operating revenues of $1.9 billion. Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity to more than 800,

PNM Resources and Public Service Company of New Mexico Declare Quarterly Dividends ALBUQUERQUE, N.M., Dec. 5, 2023 /PRNewswire/ -- The Board of Directors of PNM Resources (NYSE:PNM) today voted to increase the company's annual dividend payment by $0.08, a 5.4% increase, to an indicated annual rate of $1.55 per share of common stock. The increase is consistent with the company's targeted long-term ongoing earnings per share growth rate of 5%. The board has declared the resulting quarterly stock dividend of $0.3875 per share, payable February 16, 2024, to shareholders of record

ALBUQUERQUE, N.M., Sept. 19, 2023 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of PNM Resources (NYSE:PNM) declared the regular quarterly dividend of $0.3675 per share on the company's common stock. The dividend is payable November 10, 2023, to shareholders of record at the close of business October 27, 2023. Background: PNM Resources (NYSE:PNM) is an energy holding company based in Albuquerque, N.M., with preliminary 2022 consolidated operating revenues of $2.2 billion. Through its regulated utilities, PNM and TNMP, PNM Resources provides electric

ALBUQUERQUE, N.M., Sept. 11, 2023 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of PNM Resources (NYSE:PNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable October 15, 2023 to shareholders of record at the close of business September 29, 2023. Background:PNM Resources (NYSE:PNM) is an energy holding company based in Albuquerque, N.M., with 2022 consolidated operating revenues of $2.2 billion. Through its regulated utiliti

ALBUQUERQUE, N.M., Aug. 1, 2023 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of PNM Resources (NYSE:PNM) declared the regular quarterly dividend of $0.3675 per share on the company's common stock. The dividend is payable August 25, 2023, to shareholders of record at the close of business August 11, 2023. Background: PNM Resources (NYSE:PNM) is an energy holding company based in Albuquerque, N.M., with preliminary 2022 consolidated operating revenues of $2.2 billion. Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity t

ALBUQUERQUE, N.M., June 6, 2023 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of PNM Resources (NYSE:PNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable July 15, 2023 to shareholders of record at the close of business June 30, 2023. Background: PNM Resources (NYSE:PNM) is an energy holding company based in Albuquerque, N.M., with 2022 consolidated operating revenues of $2.2 billion. Through its regulated utilities, PNM a

ALBUQUERQUE, N.M., March 8, 2023 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of PNM Resources (NYSE:PNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable April 15, 2023 to shareholders of record at the close of business March 31, 2023. Background:PNM Resources (NYSE:PNM) is an energy holding company based in Albuquerque, N.M., with 2022 consolidated operating revenues of $2.2 billion. Through its regulated utilities, PNM

ALBUQUERQUE, N.M., Feb. 28, 2023 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of PNM Resources (NYSE:PNM) declared the regular quarterly dividend of $0.3675 per share on the company's common stock. The dividend is payable May 12, 2023, to shareholders of record at the close of business April 28, 2023. Background: PNM Resources (NYSE:PNM) is an energy holding company based in Albuquerque, N.M., with preliminary 2022 consolidated operating revenues of $2.2 billion. Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity to m

PNM Resources and Public Service Company of New Mexico Declare Quarterly Dividends ALBUQUERQUE, N.M., Dec. 2, 2022 /PRNewswire/ -- The Board of Directors of PNM Resources (NYSE:PNM) today voted to increase the company's annual dividend payment by $0.08, a 5.8% increase, to an indicated annual rate of $1.47 per share of common stock. The increase reflects the third increase to the dividend during the company's pending merger. Based on the midpoint of the company's 2023 ongoing earnings guidance range of $2.60 to $2.75 per diluted share, the dividend increase is consistent with the company's target to pay out 55% of annual ongoing earnings.

ALBUQUERQUE, N.M., Sept. 16, 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 November 10, 2022, to shareholders of record at the close of business October 27, 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 electrici

ALBUQUERQUE, N.M., Sept. 9, 2022 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of PNM Resources (NYSE:PNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable October 15, 2022 to shareholders of record at the close of business September 30, 2022. Background:PNM Resources (NYSE:PNM) is an energy holding company based in Albuquerque, N.M., with 2021 consolidated operating revenues of $1.8 billion. Through its regulated utilitie

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

ALBUQUERQUE, N.M. , June 16, 2022 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of PNM Resources (NYSE:PNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable July 15, 2022 to shareholders of record at the close of business July 1, 2022. Background: PNM Resources (NYSE:PNM) is an energy holding company based in Albuquerque, N.M., with 2021 consolidated operating revenues of $1.8 billion. Through its regulated utilities, PNM

ALBUQUERQUE, N.M., March 30, 2022 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of PNM Resources (NYSE:PNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable April 15, 2022 to shareholders of record at the close of business April 1, 2022. Background:PNM Resources (NYSE:PNM) is an energy holding company based in Albuquerque, N.M., with 2021 consolidated operating revenues of $1.8 billion. Through its regulated utilities, PNM

ALBUQUERQUE, N.M., March 1, 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 May 13, 2022 to shareholders of record at the close of business April 29, 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 app

ALBUQUERQUE, N.M., Dec. 7, 2021 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of PNM Resources (NYSE:PNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable January 14, 2022 to shareholders of record at the close of business December 27, 2021. Background:PNM Resources (NYSE:PNM) is an energy holding company based in Albuquerque, N.M., with 2020 consolidated operating revenues of $1.5 billion. Through its regulated utilities,

ALBUQUERQUE, N.M., Dec. 3, 2021 /PRNewswire/ -- Yesterday, PNM Resources (NYSE:PNM) and AVANGRID, Inc. (NYSE:AGR) answered open questions at a news conference about their proposed merger and addressed some concerns heard at the New Mexico Public Regulation Commission open meeting on Wednesday, December 1, 2021. Joining PNM Resources and AVANGRID were elected officials and organizations representing customers and business representing tens of thousands of New Mexicans.  To listen to the entire news conference, click here for the recording. Organizations that spoke in favor of t

ALBUQUERQUE, N.M., Oct. 28, 2021 /PRNewswire/ -- 2021 third quarter GAAP earnings of $1.32 per diluted share 2021 third quarter ongoing earnings of $1.37 per diluted share reflects increased earnings compared to the third quarter of 2020, offset by the dilutive impact of additional shares  PNM Resources (In millions, except EPS) Q3 2021 Q3 2020 YTD 2021 YTD 2020 GAAP net earnings attributableto PNM Resources $113.3 $121.8 $184.6 $164.0 GAAP diluted EPS $1.32 $1.52 $2.14 $2.05 Ongoing net earnings $118.0 $111.9 $193.3 $170.3 Ongoing diluted EPS $1.37 $1.40 $2.25 $2.13 PNM Resou

ALBUQUERQUE, N.M., Sept. 21, 2021 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of PNM Resources (NYSE:PNM) declared the regular quarterly dividend of $0.3275 per share on the company's common stock. The dividend is payable November 12, 2021 to shareholders of record at the close of business November 1, 2021. Background:PNM Resources (NYSE:PNM) is an energy holding company based in Albuquerque, N.M., with 2020 consolidated operating revenues of $1.5 billion. Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity to approx

ALBUQUERQUE, N.M., Sept. 8, 2021 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of PNM Resources (NYSE:PNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable October 15, 2021 to shareholders of record at the close of business October 1, 2021. Background:PNM Resources (NYSE:PNM) is an energy holding company based in Albuquerque, N.M., with 2020 consolidated operating revenues of $1.5 billion. Through its regulated utilities,

ALBUQUERQUE, N.M., July 30, 2021 /PRNewswire/ -- On Thursday, Joint Applicants Public Service Company of New Mexico (PNM) and AVANGRID (NYSE:AGR).  filed documents in the merger application of its parent company, PNM Resources, Inc. (NYSE:PNM), with AVANGRID. In the filings, PNM and AVANGRID detailed new commitments and agreements with parties to increase customer rate benefits, economic development benefits, and safeguards to ensure continued customer reliability and customer service. These new commitments ensure New Mexicans and PNM's customers will see even more direct bene

ALBUQUERQUE, N.M., July 30, 2021 /PRNewswire/ -- 2021 second quarter GAAP earnings of $0.62 per diluted share 2021 second quarter ongoing earnings of $0.55 per diluted share reflects increased earnings compared to the second quarter of 2020, offset by the dilutive impact of additional shares Affirmed 2021 ongoing earnings guidance range of $2.27 to $2.37 per diluted sharePNM Resources (In millions, except EPS) Q2 2021 Q2 2020 YTD 2021 YTD 2020 GAAP net earnings attributable to PNM Resources $53.7 $57.5 $71.3 $42.2 GAAP diluted EPS $0.62 $0.72 $0.83 $0.53 Ongoing net earnings $

ALBUQUERQUE, N.M., July 27, 2021 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of PNM Resources (NYSE:PNM) declared the regular quarterly dividend of $0.3275 per share on the company's common stock. The dividend is payable August 13, 2021 to shareholders of record at the close of business August 6, 2021. Background:PNM Resources (NYSE:PNM) is an energy holding company based in Albuquerque, N.M., with 2020 consolidated operating revenues of $1.5 billion. Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity to approximate

ALBUQUERQUE, N.M., June 7, 2021 /PRNewswire/ -- The Board of Directors of PNM, a subsidiary of PNM Resources (NYSE: PNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable July 15, 2021 to shareholders of record at the close of business July 1, 2021. Background:PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2020 consolidated operating revenues of $1.5 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 div

ALBUQUERQUE, N.M., April 30, 2021 /PRNewswire/ -- 2021 First Quarter GAAP earnings of $0.20 per diluted share 2021 First Quarter Ongoing earnings of $0.32 per diluted share Affirmed 2021 Ongoing earnings guidance range of $2.27 to $2.37 per diluted share  PNM Resources (In millions, except EPS) Q1 2021 Q1 2020 GAAP net earnings (loss) attributable to PNM Resources $17.6 ($15.3) GAAP diluted EPS $0.20 ($0.19) Ongoing net earnings $27.8 $14.2 Ongoing diluted EPS $0.32 $0.18 PNM Resources (NYSE:PNM) today released its 2021 first quarter results. In addition, management affirmed i

ALBUQUERQUE, N.M., March 22, 2021 /PRNewswire/ -- The Board of Directors of PNM, a subsidiary of PNM Resources (NYSE: PNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable April 15, 2021 to shareholders of record at the close of business April 1, 2021. Background: PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2020 consolidated operating revenues of $1.5 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

ALBUQUERQUE, N.M., March 5, 2021 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of PNM Resources (NYSE: PNM) declared the regular quarterly dividend of $0.3275 per share on the company's common stock. The dividend is payable May 14, 2021 to shareholders of record at the close of business April 30, 2021. Background:PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2020 consolidated operating revenues of $1.5 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

ALBUQUERQUE, N.M., Feb. 26, 2021 /PRNewswire/ -- 2020 GAAP earnings of $2.15 per diluted share 2020 Ongoing earnings per share of $2.28 in line with expectations Affirmed 2021 Ongoing earnings guidance range of $2.27 to $2.37 per diluted share PNM Resources (In millions, except EPS) 2020 2019 GAAP net earnings attributable to PNM Resources $172.8 $77.4 GAAP diluted EPS $2.15 $0.97 Ongoing net earnings $182.8 $172.5 Ongoing diluted EPS $2.28 $2.16 PNM Resources (NYSE: PNM) today released its 2020 year-end results in line with previously published ongoing earnings guidance. In addition, management affirmed its 2021 consolidated ongoing earnings guid

ALBUQUERQUE, N.M., Dec. 4, 2020 /PRNewswire/ -- The Board of Directors of PNM Resources (NYSE: PNM) today unanimously voted to increase the company's annual dividend payment by $0.08, a 6.5 percent increase, to an indicated annual rate of $1.31 per share of common stock. This is consistent with the company's stated target to pay out 50 to 60 percent of annual ongoing earnings. The board has declared the resulting quarterly stock dividend of $0.3275 per share, payable February 16, 2021, to shareholders of record at the close of business February 3, 2021. Also today, the Board of Directors of Public Service Company of New Mexico, a subsidiary of PNM Resources, declared the regular quarterl