PNM Resources Board Declares Quarterly Common Stock Dividend

Rhea-AI Summary

PNM Resources (NYSE: PNM) declared a quarterly dividend of $0.3475 per share, payable on August 31, 2022, to shareholders of record by August 17, 2022. The company, based in Albuquerque, N.M., reported preliminary consolidated operating revenues of $1.8 billion for 2021 and serves approximately 800,000 customers in New Mexico and Texas. PNM Resources aims for 100% emissions-free energy by 2040, operating with a capacity of 3.1 gigawatts.

Positive

• Quarterly dividend declared at $0.3475 per share.
• Company reported $1.8 billion in operating revenues for 2021.
• Aims for 100% emissions-free energy by 2040.

Negative

• None.

ALBUQUERQUE, N.M., Aug. 5, 2022 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of PNM Resources (NYSE: PNM) declared the regular quarterly dividend of $0.3475 per share on the company's common stock. The dividend is payable August 31, 2022 to shareholders of record at the close of business August 17, 2022.

Background:
PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with preliminary 2021 consolidated operating revenues of $1.8 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.

CONTACTS:
		Analysts	Media
		Lisa Goodman	Ray Sandoval
		(505) 241-2160	505) 241-2782

 

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SOURCE PNM Resources, Inc.

FAQ

What is the declared dividend amount for PNM Resources?

The declared dividend amount for PNM Resources is $0.3475 per share.

When is the PNM dividend payment date?

The PNM dividend payment date is August 31, 2022.

What is the record date for PNM Resources' dividend?

The record date for PNM Resources' dividend is August 17, 2022.

How much revenue did PNM Resources report for 2021?

PNM Resources reported preliminary consolidated operating revenues of $1.8 billion for 2021.

What is PNM Resources' goal for emissions-free energy?

PNM Resources aims to achieve 100% emissions-free energy by 2040.