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PNM Resources (PNM) Dividend Yield, Date & History

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PNM Resources Dividend Summary

Dividend Yield
3.85%
Annual Dividend
$1.55
Recent
Dividend Payment
Aug. 9
Dividend Increase
Track Record
13 Years
Annualized 3-Year
Dividend Growth
6.12%
Dividend Payout Ratio
170.33%

PNM Resources (PNM) pays an annual dividend of $1.55 per share, with a dividend yield of . The next quarterly payment of $0.3875 per share was paid on Friday, August 9, to investors who owned the stock before the ex-dividend date of Friday, July 26. PNM has grown its dividend for 13 consecutive years, with an average annual increase of 2.00%. The company currently pays out 170.33% of its earnings as dividends.

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PNM Dividend Payments by Quarter

The chart below displays up to four years of PNM Resources' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

PNM Dividend Yield Over Time

The chart below tracks PNM Resources' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

PNM Resources vs. The Competition

Compare PNM Resources' annual dividend, yield, and 3-year growth rate with averages for Utilities and NYSE companies to evaluate its performance against the market.

TypePNM ResourcesUtilities CompaniesNYSE Companies
Annual Dividend$1.55$0.04$1.50
Dividend Yield3.67%4.12%3.71%
Annualized 3-Year Dividend Growth6.12%3.24%12.26%
Track Record13 years27 years25 years

PNM Resources Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings170.33%
Based on This Year's Estimate56.99%
Based on Next Year's Estimate54.96%

PNM Resources Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
7/16/2024Quarterly$0.3875+$0.0005
0.13%
3.97%7/26/20247/26/20248/9/2024
3/1/2024Quarterly$0.3870 - 4.09%4/25/20244/26/20245/10/2024
12/5/2023Quarterly$0.3870+$0.0190
5.16%
3.63%2/1/20242/2/20242/16/2024
9/19/2023Quarterly$0.3680+$0.0005
0.14%
3.29%10/26/202310/27/202311/10/2023
8/1/2023Quarterly$0.3675-$0.0005
0.14%
3.32%8/10/20238/11/20238/25/2023
2/28/2023Quarterly$0.3680 - 3.02%4/27/20234/28/20235/12/2023

This table shows PNM Resources' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

PNM Resources Dividend - Frequently Asked Questions

The current dividend yield for PNM Resources is 3.85%. Learn more on PNM's dividend yield history.

The annual dividend for PNM shares is $1.55. Learn more on PNM's annual dividend history.

PNM Resources pays quarterly dividends to shareholders.

PNM Resources's most recent quarterly dividend payment of $0.3875 per share was made to shareholders on Friday, August 9, 2024.

PNM Resources's most recent ex-dividend date was Friday, July 26, 2024.

Over the past three years, the company's dividend has grown by an average of 6.12% per year.

PNM Resources has increased its dividend for the past 13 consecutive years.

The most recent change in the company's dividend was an increase of $0.0005 on Tuesday, July 16, 2024.

The dividend payout ratio for PNM is:
  • 170.33% based on the trailing year of earnings
  • 56.99% based on this year's estimates
  • 54.96% based on next year's estimates

PNM Resources' dividend yield of 3.67% is lower than the average Utilities company that issues a dividend. The company's 13 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. PNM Resources' dividend payout ratio of 170.33% may not be sustainable. However, based on earnings estimates, PNM will have a more sustainable dividend payout ratio of 54.96% next year.

Looking at the stock as a whole, market analysts rate PNM Resources stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:PNM) was last updated on 1/21/2025 by MarketBeat.com Staff
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