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TXNM Energy (TXNM) Dividend Yield, Date & History

TXNM Energy logo
$47.93 +0.22 (+0.46%)
(As of 12/20/2024 05:31 PM ET)

TXNM Energy Dividend Summary

Dividend Yield
3.40%
Annual Dividend
$1.63
Next
Dividend Payment
Feb. 14
Dividend Payout Ratio
84.90%

TXNM Energy (TXNM) pays an annual dividend of $1.63 per share, with a dividend yield of 3.40%. The next payment of $0.4075 per share is scheduled for Friday, February 14, to investors who own the stock before the ex-dividend date of Friday, January 31. The company currently pays out 84.90% of its earnings and 25.23% of its cash flow as dividends.

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TXNM Dividend Payments by Quarter

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

TXNM Dividend Yield Over Time

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

TXNM Energy vs. The Competition

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

TypeTXNM EnergyEnergy CompaniesNYSE Companies
Annual Dividend$1.63$0.00$1.39
Dividend Yield3.40%11.73%3.61%
Annualized 3-Year Dividend Growth0.00%25.09%15.78%

TXNM Energy 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 Earnings84.90%
Based on This Year's Estimate59.93%
Based on Next Year's Estimate57.19%
Based on Cashflow25.23%

TXNM Energy Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/3/2024quarterly$0.4075+$0.02
5.16%
3.3%1/31/20251/31/20252/14/2025
9/24/2024quarterly$0.3875 - 3.6%10/28/202410/28/202411/8/2024

This table shows TXNM Energy's dividend 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.

TXNM Energy Dividend - Frequently Asked Questions

The current dividend yield for TXNM Energy is 3.40%. Learn more on TXNM's dividend yield history.

The annual dividend for TXNM shares is $1.63. Learn more on TXNM's annual dividend history.

TXNM Energy pays quarterly dividends to shareholders.

TXNM Energy's next quarterly dividend payment of $0.4075 per share will be made to shareholders on Friday, February 14, 2025.

TXNM Energy's next ex-dividend date is Friday, January 31, 2025.

The most recent change in the company's dividend was an increase of $0.02 on Tuesday, December 3, 2024.

The dividend payout ratio for TXNM is:
  • 84.90% based on the trailing year of earnings
  • 59.93% based on this year's estimates
  • 57.19% based on next year's estimates
  • 25.23% based on cash flow

TXNM Energy's dividend yield of 3.20% is lower than the average Oils/Energy company that issues a dividend. TXNM Energy's dividend payout ratio of 84.90% may not be sustainable. However, based on earnings estimates, TXNM will have a more sustainable dividend payout ratio of 57.19% next year.

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


This page (NYSE:TXNM) was last updated on 12/21/2024 by MarketBeat.com Staff
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