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TXNM Energy (TXNM) Dividend Yield, Date & History

$44.74
+0.13 (+0.29%)
(As of 10/24/2024 ET)

Dividend Summary

Dividend Yield
3.46%
Annual Dividend
$1.55
Dividend Payout Ratio
170.33%
Next
Dividend Payment
Nov. 8
Skip Charts & View Dividend History

TXNM Energy vs. The Competition

TypeTXNM EnergyEnergy CompaniesNYSE Companies
Annual Dividend$1.55$1.00$1.40
Dividend Yield3.46%1,227.61%348.03%
Annualized 3-Year Dividend Growth0.00%25.31%15.80%

TXNM Energy Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings170.33%
Based on This Year's Estimates57.20%
Based on Next Year's Estimates54.77%
Based on Cashflow22.73%

TXNM Energy Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/24/2024quarterly$0.38753.6%10/28/202410/28/202411/8/2024
(Data available from 1/1/2013 forward)

TXNM Energy Dividend - Frequently Asked Questions

What is TXNM Energy's dividend yield?

The current dividend yield for TXNM Energy is 3.46%. Learn more on TXNM's dividend yield history.

How much is TXNM Energy's annual dividend?

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

How often does TXNM Energy pay dividends?

TXNM Energy pays quarterly dividends to shareholders.

What is TXNM Energy's dividend payout ratio?
The dividend payout ratio for TXNM is:
  • 170.33% based on the trailing year of earnings
  • 57.20% based on this year's estimates
  • 54.77% based on next year's estimates
  • 22.73% based on cash flow
Is TXNM Energy a good dividend stock?

TXNM Energy's dividend yield of 3.57% is lower than the average Oils/Energy company that issues a dividend. TXNM Energy's dividend payout ratio of 170.33% may not be sustainable. However, based on earnings estimates, TXNM will have a more sustainable dividend payout ratio of 54.77% next year.


This page (NYSE:TXNM) was last updated on 10/24/2024 by MarketBeat.com Staff
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