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PNM Resources Board Declares Quarterly Common Stock Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
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Tags
dividends
ALBUQUERQUE, N.M., Sept. 21, 2021 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of PNM Resources (NYSE: PNM) declared the regular quarterly dividend of $0.3275 per share on the company's common stock. The dividend is payable November 12, 2021 to shareholders of record at the close of business November 1, 2021.
Background: PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2020 consolidated operating revenues of $1.5 billion. Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity to approximately 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 3.1 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.
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.