TXNM Energy Board Declares Quarterly Common Stock Dividend
Rhea-AI Summary
TXNM Energy, Inc. (NYSE: TXNM) has announced its regular quarterly dividend of $0.3875 per share on the company's common stock. The dividend will be payable on November 8, 2024, to shareholders of record at the close of business on October 28, 2024. This decision was made by the Board of Directors during their regular meeting on September 24, 2024.
TXNM Energy is an energy holding company based in Albuquerque, New Mexico. It provides energy services to over 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM.
Positive
- Consistent quarterly dividend payment of $0.3875 per share
- Stable shareholder returns through regular dividend distributions
- Large customer base of over 800,000 homes and businesses
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, TXNM declined 0.16%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Background:
TXNM Energy (NYSE: TXNM), an energy holding company based in
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SOURCE TXNM Energy, Inc.
FAQ
What is the amount of TXNM Energy's quarterly dividend for 2024?
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