Public Service Company of New Mexico Declares Preferred Dividend

Rhea-AI Summary

Public Service Company of New Mexico, a subsidiary of TXNM Energy (NYSE: TXNM), has declared its regular quarterly dividend on preferred stock. The company will pay $1.145 per share on its 4.58% series of cumulative preferred stock on October 15, 2025, to shareholders of record as of September 30, 2025.

TXNM Energy serves as an energy holding company based in Albuquerque, delivering energy to over 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM.

Positive

• Consistent quarterly dividend payment maintained at $1.145 per share
• Large customer base of over 800,000 homes and businesses across two states

Negative

• None.

News Market Reaction – TXNM

-0.09%

1 alert

-0.09% News Effect

On the day this news was published, TXNM declined 0.09%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

ALBUQUERQUE, N.M., Aug. 26, 2025 /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, 2025, to shareholders of record at the close of business September 30, 2025.

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 is the dividend amount for TXNM Energy's preferred stock in Q4 2025?

The dividend amount is $1.145 per share for the 4.58% series of cumulative preferred stock.

When is the dividend payment date for TXNM preferred shareholders?

The preferred stock dividend will be paid on October 15, 2025 to shareholders of record as of September 30, 2025.

How many customers does TXNM Energy serve across Texas and New Mexico?

TXNM Energy serves over 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM.

What is the record date for TXNM Energy's Q4 2025 preferred dividend?

The record date for the preferred dividend is September 30, 2025.