PNM Resources, Inc. Dividend
PNM Resources, Inc. Dividend history 25 years & estimates 2024 to 2028
Dividend Analysis of the PNM Resources, Inc. Stock
| Current dividend yield | 3.41 % |
| Dividendenrendite 5 Jahre | 8.5 % |
| Dividend Yield 10Y | 1.28 % |
| Payout 3Y | 7.07 % |
When does PNM Resources, Inc. pay a dividend?
The PNM Resources, Inc. stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the PNM Resources, Inc. stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were February, April, August and October . Dividends from PNM Resources, Inc. are distributed via February, May, August and November.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.3875
$0.39
|
Oct 28 2024
Oct 28 2024
Nov 08 2024
Oct 28 24
Nov 08 24 |
Nov 08 2024 |
quarterly
quarterly
|
| 2024 |
$0.3875
$0.39
|
Jul 26 2024
Jul 26 2024
Aug 09 2024
Jul 26 24
Aug 09 24 |
Aug 09 2024 |
quarterly
quarterly
|
| 2024 |
$0.3875
$0.39
|
Apr 25 2024
Apr 25 2024
May 10 2024
Apr 25 24
May 10 24 |
May 10 2024 |
quarterly
quarterly
|
| 2023 |
$0.3875
$0.39
|
Feb 01 2024
Feb 01 2024
Feb 16 2024
Feb 01 24
Feb 16 24 |
Feb 16 2024 |
quarterly
quarterly
|
| 2023 |
$0.3675
$0.37
|
Oct 26 2023
Oct 26 2023
Nov 10 2023
Oct 26 23
Nov 10 23 |
Nov 10 2023 |
quarterly
quarterly
|
| 2023 |
$0.3675
$0.37
|
Aug 10 2023
Aug 10 2023
Aug 25 2023
Aug 10 23
Aug 25 23 |
Aug 25 2023 |
quarterly
quarterly
|
| 2023 |
$0.3675
$0.37
|
Apr 27 2023
Apr 27 2023
May 12 2023
Apr 27 23
May 12 23 |
May 12 2023 |
quarterly
quarterly
|
| 2022 |
$0.3675
$0.37
|
Feb 02 2023
Feb 02 2023
Feb 17 2023
Feb 02 23
Feb 17 23 |
Feb 17 2023 |
quarterly
quarterly
|
| 2022 |
$0.3475
$0.35
|
Oct 26 2022
Oct 26 2022
Nov 10 2022
Oct 26 22
Nov 10 22 |
Nov 10 2022 |
quarterly
quarterly
|
| 2022 |
$0.3475
$0.35
|
Aug 16 2022
Aug 16 2022
Aug 31 2022
Aug 16 22
Aug 31 22 |
Aug 31 2022 |
quarterly
quarterly
|
How much dividend does PNM Resources, Inc. pay?
PNM Resources, Inc. most recently paid a dividend of $0.39. PNM Resources, Inc. paid a Dividend of $1.49 Per Share in the financial year 2023. With a stock price of $49.21 at Nov 25 2024, the current dividend yield is 3.03% (calculation: $1.49 / $49.21 = 3.03%). No special dividend was paid.
What is the PNM Resources, Inc. Dividend Yield and payout ratio?
The average PNM Resources, Inc. dividend yield over the last 5 years is 2.84% and the average over the last 10 years is 2.81%.
The payout ratio of PNM Resources, Inc. in relation to the last financial year is 146.08%. The payout ratio smoothed over 3 years is 80.42%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | PNM Resources, Inc. |
|---|---|
| Current dividend yield | 3.03% |
| Dividend Yield 5Y | 2.84% |
| Dividend Yield 10Y | 2.81% |
| Payout 1Y | 146.08% |
| Payout 3Y | 80.42% |
Is the PNM Resources, Inc. dividend safe? Continuity & Dividend Growth
Is the PNM Resources, Inc. dividend safe?
PNM Resources, Inc. has been paying a dividend for 25 years and has not lowered the dividend for 0 years (dividend continuity). As a result, the dividend was not increased recently.
The Dividend Growth in relation to the previous financial year amounts to -15.22%. The average PNM Resources, Inc. Dividend Growth over the last 5 years is 6.55%. The average for the last 10 years is 8.16%.
| Metric | PNM Resources, Inc. |
|---|---|
| Increased | 0 Years |
| Continuity | 0 Years |
| Paid | 25 Years |
| Growth 1Y | -15.22% |
| Growth 5Y | 6.55% |
| Growth 10Y | 8.16% |
Continuity
PNM Resources, Inc. has been paying a dividend for 25 years and has not lowered the dividend for 0 years (dividend continuity). As a result, the dividend was not increased recently.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to -15.22%. The average PNM Resources, Inc. Dividend Growth over the last 5 years is 6.55%. The average for the last 10 years is 8.16%.
PNM Resources, Inc. Stock Forecast 2024
On the stock exchange, the PNM Resources, Inc. stock (ISIN: US69349H1077) is not traded as a top scorer in November 2024 according to the dividend strategy.
The stock price of PNM Resources, Inc. 18.29% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the PNM Resources, Inc. stock price in real time at the top of the page.
PNM Resources, Inc. (symbol: PNM) is valued at a Price / Earnings Ratio (P/E ratio) of 25.70 and a price/sales ratio (P/S ratio) of 2.33 valued. Based on analyst estimates, the PNM Resources, Inc. stock forecast 2024 of the current financial year corresponds to a valuation of 18.06 according to P/E ratio and 2.08 according to P/S.
| Metric | PNM Resources, Inc. |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
18.29%
|
| P/E TTM | 25.70 |
| P/S TTM | 2.33 |
| P/E forward | 18.06 |
| P/S forward | 2.08 |
PNM Resources, Inc. (symbol: PNM) is valued at a Price / Earnings Ratio (P/E ratio) of 25.70 and a price/sales ratio (P/S ratio) of 2.33 valued. Based on analyst estimates, the PNM Resources, Inc. stock forecast 2024 of the current financial year corresponds to a valuation of 18.06 according to P/E ratio and 2.08 according to P/S.
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