Public Service Company of New Mexico Declares Preferred Dividend

Rhea-AI Summary

TXNM Energy (NYSE: TXNM) announced that the Board of Directors of its subsidiary, Public Service Company of New Mexico, has declared a regular quarterly dividend of $1.145 per share on its 4.58% series cumulative preferred stock. The dividend will be paid on October 15, 2026, to shareholders of record as of the close of business on September 30, 2026. TXNM Energy is an Albuquerque-based holding company serving more than 800,000 customers in Texas and New Mexico through its regulated utilities TNMP and PNM.

Positive

• $1.145 per share regular quarterly dividend declared on 4.58% cumulative preferred
• Dividend payment date set for October 15, 2026
• Record date for preferred dividend established as September 30, 2026

Negative

• None.

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ALBUQUERQUE, N.M., Aug. 18, 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 October 15, 2026, to shareholders of record at the close of business September 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

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SOURCE TXNM Energy, Inc.

FAQ

What dividend did Public Service Company of New Mexico declare for TXNM preferred shareholders on August 18, 2026?

Public Service Company of New Mexico declared a regular quarterly dividend of $1.145 per share on its 4.58% series cumulative preferred stock. According to TXNM Energy, this dividend applies to holders of that specific preferred series.

When is the TXNM 4.58% series preferred dividend payable in 2026?

The dividend on TXNM’s 4.58% series cumulative preferred stock is payable on October 15, 2026. According to TXNM Energy, shareholders of record as of September 30, 2026, will receive this regular quarterly payment.

What is the record date for TXNM’s 4.58% series preferred dividend announced in August 2026?

The record date for the 4.58% series cumulative preferred dividend is September 30, 2026. According to TXNM Energy, shareholders on record at the close of business that day will be eligible for the October 15, 2026 payment.

Does the August 18, 2026 TXNM announcement affect common stock dividends?

The August 18, 2026 announcement only mentions a dividend on the 4.58% series cumulative preferred stock. According to TXNM Energy, no information about TXNM common stock dividends is provided in this specific disclosure.

Who is the issuer of the $1.145 preferred dividend related to TXNM in 2026?

The dividend is issued by Public Service Company of New Mexico, a subsidiary of TXNM Energy. According to TXNM Energy, this regular quarterly dividend applies to its 4.58% series cumulative preferred stock holders.

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

TXNM Energy delivers energy to more than 800,000 homes and businesses in Texas and New Mexico. According to TXNM Energy, these customers are served through its regulated utilities, Texas-New Mexico Power (TNMP) and Public Service Company of New Mexico (PNM).