TXNM Energy Board Declares Quarterly Common Stock Dividend

Rhea-AI Summary

TXNM Energy (NYSE: TXNM) has announced its Board of Directors has declared a regular quarterly dividend of $0.4075 per share on the company's common stock. The dividend will be payable on May 16, 2025, to shareholders of record as of the close of business on April 25, 2025.

TXNM Energy, headquartered in Albuquerque, New Mexico, operates as an energy holding company serving over 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM.

Positive

• Regular quarterly dividend maintained at $0.4075/share
• Stable customer base of 800,000+ homes and businesses
• Strong presence in two states through regulated utilities

Negative

• None.

ALBUQUERQUE, N.M., Feb. 25, 2025 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE: TXNM) declared the regular quarterly dividend of $0.4075 per share on the company's common stock. The dividend is payable May 16, 2025, to shareholders of record at the close of business April 25, 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 stock in Q2 2025?

TXNM Energy declared a quarterly dividend of $0.4075 per share for Q2 2025.

When is the ex-dividend date for TXNM Energy's Q2 2025 dividend?

Shareholders must be on record by April 25, 2025, to receive the dividend payment.

When will TXNM Energy pay its Q2 2025 dividend?

The dividend payment will be made on May 16, 2025.

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

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