PNM Declares Preferred Dividend
The Board of Directors of PNM has declared a quarterly dividend of $1.145 per share on the 4.58% series of cumulative preferred stock.
Sentiment and the balance of points
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Rhea-AI Summary
The Board of Directors of PNM has declared a quarterly dividend of $1.145 per share on the 4.58% series of cumulative preferred stock. This dividend is set to be paid on April 15, 2021, to shareholders of record by the close of business on April 1, 2021. PNM Resources, based in Albuquerque, N.M., reported consolidated operating revenues of $1.5 billion for 2020 and aims for 100% emissions-free energy by 2040, serving around 800,000 customers in New Mexico and Texas.
Positive
- Declared a quarterly dividend of $1.145 per share.
- Promotes a goal of 100% emissions-free energy by 2040.
Negative
- None.
Details
News Market Reaction – PNM
The recorded move for PNM in the trading session of this news was +0.18%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
Background:
PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2020 consolidated operating revenues of
CONTACTS: | |
Analysts | Media |
Lisa Goodman | Ray Sandoval |
(505) 241-2160 | (505) 241-2782 |
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SOURCE PNM Resources, Inc.