Public Service Company of New Mexico Declares Preferred Dividend

TXNM Energy (NYSE: TXNM) subsidiary Public Service Company of New Mexico declared a regular quarterly preferred dividend of $1.145 per share.

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TXNM Energy (NYSE: TXNM) subsidiary Public Service Company of New Mexico declared a regular quarterly preferred dividend of $1.145 per share. The dividend applies to the 4.58 percent series of cumulative preferred stock and is payable January 15, 2027, to shareholders of record at the close of business December 31, 2026.

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ALBUQUERQUE, N.M., Nov. 10, 2026 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of TXNM Energy (NYSE: TXNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable January 15, 2027, to shareholders of record at the close of business December 31, 2026.

Background:
TXNM Energy (NYSE: TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM. For more information, visit the company's website at www.TXNMEnergy.com.

CONTACTS:

Analysts	Media
Lisa Goodman	Corporate Communications
(505) 241-2160	(505) 241-2743

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SOURCE TXNM Energy, Inc.

FAQ

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When is Public Service Company of New Mexico's preferred dividend payable, and who qualifies?

The $1.145-per-share regular quarterly dividend is payable January 15, 2027, to shareholders of record at the close of business December 31, 2026. It applies to the 4.58 percent series of cumulative preferred stock.