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.
News Market Reaction – TXNM
In the trading session that priced this news, TXNM declined 1.03%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Background:
TXNM Energy (NYSE: TXNM), an energy holding company based in
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/txnm-energy-board-declares-quarterly-common-stock-dividend-302385227.html
SOURCE TXNM Energy, Inc.