PNM Resources Board Declares Quarterly Common Stock Dividend
The Board of Directors of PNM Resources has declared a quarterly dividend of $0.3075 per share on its common stock.
Sentiment and the balance of points
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Rhea-AI Summary
The Board of Directors of PNM Resources has declared a quarterly dividend of $0.3075 per share on its common stock. This dividend will be paid on August 14, 2020, to shareholders who are on record by the close of business on August 7, 2020. PNM Resources, based in Albuquerque, N.M., reported $1.5 billion in consolidated operating revenues for 2019 and serves approximately 790,000 customers across New Mexico and Texas through its regulated utilities.
Positive
- Quarterly dividend of $0.3075 per share declared, supporting shareholder income.
Negative
- None.
Details
News Market Reaction – PNM
The recorded move for PNM in the trading session of this news was -0.29%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ALBUQUERQUE, N.M., July 28, 2020 /PRNewswire/ -- At its regular meeting held today, the Board of Directors 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 2019 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.
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