Public Service Company of New Mexico Declares Preferred Dividend

Q: What dividend did TXNM Energy declare on PNM's preferred stock for July 2026?

TXNM Energy declared a regular quarterly dividend of $1.145 per share on PNM’s 4.58 percent series cumulative preferred stock. According to TXNM Energy, this dividend will be paid to eligible preferred shareholders in mid-July 2026, supporting ongoing income for holders.

Q: When is the record date for TXNM (NYSE: TXNM) preferred dividend announced in May 2026?

The record date for the declared preferred dividend is June 30, 2026 . According to TXNM Energy, shareholders of record at the close of business on that date will be eligible to receive the $1.145 per share dividend on July 15, 2026.

Q: What is the payment date for TXNM Energy's $1.145 preferred dividend?

The preferred dividend will be paid on July 15, 2026 . According to TXNM Energy, investors holding the 4.58 percent series cumulative preferred shares as of the June 30, 2026 record date will receive the $1.145 per share quarterly dividend on that payment date.

Q: Which TXNM subsidiary is paying the 4.58 percent series cumulative preferred dividend?

The dividend is being paid by Public Service Company of New Mexico (PNM) , a TXNM subsidiary. According to TXNM Energy, PNM serves customers in New Mexico and has declared the $1.145 per share quarterly dividend on its 4.58 percent preferred series.

Q: How many customers does TXNM Energy serve through PNM and TNMP?

TXNM Energy serves more than 800,000 homes and businesses across Texas and New Mexico. According to TXNM Energy, this customer base is reached through its regulated utilities TNMP and Public Service Company of New Mexico, which provide electric service in those regions.

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Rhea-AI Summary

TXNM Energy (NYSE: TXNM) announced that its subsidiary, Public Service Company of New Mexico, declared a regular quarterly dividend of $1.145 per share on its 4.58 percent series of cumulative preferred stock.

The dividend is payable July 15, 2026 to shareholders of record on June 30, 2026. TXNM delivers energy to over 800,000 customers in Texas and New Mexico through utilities TNMP and PNM.

Positive

Regular quarterly preferred dividend of $1.145 per share declared
Dividend payable on July 15, 2026 with record date June 30, 2026

Negative

None.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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05/21/2026 - 04:15 PM

ALBUQUERQUE, N.M., May 21, 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 July 15, 2026, to shareholders of record at the close of business June 30, 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

View original content to download multimedia:https://www.prnewswire.com/news-releases/public-service-company-of-new-mexico-declares-preferred-dividend-302779526.html

SOURCE TXNM Energy, Inc.

FAQ

What dividend did TXNM Energy declare on PNM's preferred stock for July 2026?

TXNM Energy declared a regular quarterly dividend of $1.145 per share on PNM’s 4.58 percent series cumulative preferred stock. According to TXNM Energy, this dividend will be paid to eligible preferred shareholders in mid-July 2026, supporting ongoing income for holders.

When is the record date for TXNM (NYSE: TXNM) preferred dividend announced in May 2026?

The record date for the declared preferred dividend is June 30, 2026. According to TXNM Energy, shareholders of record at the close of business on that date will be eligible to receive the $1.145 per share dividend on July 15, 2026.

What is the payment date for TXNM Energy's $1.145 preferred dividend?

The preferred dividend will be paid on July 15, 2026. According to TXNM Energy, investors holding the 4.58 percent series cumulative preferred shares as of the June 30, 2026 record date will receive the $1.145 per share quarterly dividend on that payment date.

Which TXNM subsidiary is paying the 4.58 percent series cumulative preferred dividend?

The dividend is being paid by Public Service Company of New Mexico (PNM), a TXNM subsidiary. According to TXNM Energy, PNM serves customers in New Mexico and has declared the $1.145 per share quarterly dividend on its 4.58 percent preferred series.

How many customers does TXNM Energy serve through PNM and TNMP?

TXNM Energy serves more than 800,000 homes and businesses across Texas and New Mexico. According to TXNM Energy, this customer base is reached through its regulated utilities TNMP and Public Service Company of New Mexico, which provide electric service in those regions.