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PNM Resources Board Declares Quarterly Common Stock Dividend

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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 to more than 800,000 homes and businesses in New Mexico and Texas. PNM serves its customers with a diverse mix of generation and purchased power resources totaling 2.7 gigawatts of capacity, with a goal to achieve 100% emissions-free energy by 2040. For more information, visit the company's website at www.PNMResources.com.

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Albuquerque

About PNM

based in albuquerque, n.m., pnm resources is an energy holding company. through its utilities - pnm and tnmp - pnm resources serves electricity to more than 720,000 homes and businesses in new mexico and texas. our generation capacity of more than 2,530 megawatts reflects a balanced mix of coal, natural gas, nuclear and wind generation.