PNM Resources, Inc. Dividend

Q: What is the PNM Resources, Inc. Dividend Yield and payout ratio?

The average PNM Resources, Inc. dividend yield over the last 5 years is 3.15% and the average over the last 10 years is 2.92%. The payout ratio of PNM Resources, Inc. in relation to the last financial year is 111.15%. The payout ratio smoothed over 3 years is 91.01%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share (EPS ).

Q: 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 2 years (dividend continuity). As a result, the dividend was recently increased 2 -times. The Dividend Growth in relation to the previous financial year amounts to 4.78% . The average PNM Resources, Inc. Dividend Growth over the last 5 years is 5.65% . The average for the last 10 years is 7.21% .

$58.40

0.22%

NYSE, Oct 02, 04:00 pm EDT. Closed.

ISIN

US69349H1077

Symbol

TXNM

Reports

Quarter | Annual

Index

NYSE Composite

Sector

Utilities

Industry

Electric Utilities

Overview Dividends Analysts Charts Ownership News Strategies

PNM Resources, Inc. Dividend history 25 years & estimates 2026 to 2028

Dividend Analysis of the PNM Resources, Inc. Stock

Current dividend yield	3.05 %
Dividendenrendite 5 Jahre	1.45 %
Dividend Yield 10Y	2.97 %
Payout 3Y	8.91 %

When does PNM Resources, Inc. pay a dividend?

PNM Resources, Inc. pays the next dividend on Nov 13 2026 (payday). The ex-day is on Oct 23 2026. 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 January, 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
2026	$0.4225 Forecast $0.42 Forecast	Oct 23 2026 Oct 23 2026 Nov 13 2026 Oct 23 26 Nov 13 26	Nov 13 2026	quarterly quarterly
2026	$0.4225 $0.42	Aug 03 2026 Aug 03 2026 Aug 14 2026 Aug 03 26 Aug 14 26	Aug 14 2026	quarterly quarterly
2026	$0.4225 $0.42	Apr 27 2026 Apr 27 2026 May 15 2026 Apr 27 26 May 15 26	May 15 2026	quarterly quarterly
2025	$0.4225 $0.42	Jan 30 2026 Jan 30 2026 Feb 13 2026 Jan 30 26 Feb 13 26	Feb 13 2026	quarterly quarterly
2025	$0.4075 $0.41	Oct 24 2025 Oct 24 2025 Nov 14 2025 Oct 24 25 Nov 14 25	Nov 14 2025	quarterly quarterly
2025	$0.4075 $0.41	Aug 08 2025 Aug 08 2025 Aug 22 2025 Aug 08 25 Aug 22 25	Aug 22 2025	quarterly quarterly
2025	$0.4075 $0.41	Apr 25 2025 Apr 25 2025 May 16 2025 Apr 25 25 May 16 25	May 16 2025	quarterly quarterly
2024	$0.4075 $0.41	Jan 31 2025 Jan 31 2025 Feb 14 2025 Jan 31 25 Feb 14 25	Feb 14 2025	quarterly quarterly
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
2022	$0.3475 $0.35	Apr 28 2022 Apr 28 2022 May 13 2022 Apr 28 22 May 13 22	May 13 2022	quarterly quarterly
2022	$0.3475 $0.35	Feb 11 2022 Feb 11 2022 Feb 24 2022 Feb 11 22 Feb 24 22	Feb 24 2022	quarterly quarterly
2021	$0.3275 $0.33	Oct 29 2021 Oct 29 2021 Nov 12 2021 Oct 29 21 Nov 12 21	Nov 12 2021	quarterly quarterly
2021	$0.3275 $0.33	Aug 05 2021 Aug 05 2021 Aug 13 2021 Aug 05 21 Aug 13 21	Aug 13 2021	quarterly quarterly
2021	$0.3275 $0.33	Apr 29 2021 Apr 29 2021 May 14 2021 Apr 29 21 May 14 21	May 14 2021	quarterly quarterly
2020	$0.3275 $0.33	Feb 02 2021 Feb 02 2021 Feb 16 2021 Feb 02 21 Feb 16 21	Feb 16 2021	quarterly quarterly
2020	$0.3075 $0.31	Oct 30 2020 Oct 30 2020 Nov 13 2020 Oct 30 20 Nov 13 20	Nov 13 2020	quarterly quarterly
2020	$0.3075 $0.31	Aug 06 2020 Aug 06 2020 Aug 14 2020 Aug 06 20 Aug 14 20	Aug 14 2020	quarterly quarterly
2020	$0.3075 $0.31	Apr 30 2020 Apr 30 2020 May 15 2020 Apr 30 20 May 15 20	May 15 2020	quarterly quarterly
2019	$0.3075 $0.31	Jan 31 2020 Jan 31 2020 Feb 14 2020 Jan 31 20 Feb 14 20	Feb 14 2020	quarterly quarterly
2019	$0.29 $0.29	Oct 31 2019 Oct 31 2019 Nov 15 2019 Oct 31 19 Nov 15 19	Nov 15 2019	quarterly quarterly
2019	$0.29 $0.29	Aug 05 2019 Aug 05 2019 Aug 16 2019 Aug 05 19 Aug 16 19	Aug 16 2019	quarterly quarterly
2019	$0.29 $0.29	May 01 2019 May 01 2019 May 16 2019 May 01 19 May 16 19	May 16 2019	quarterly quarterly
2018	$0.29 $0.29	Jan 31 2019 Jan 31 2019 Feb 15 2019 Jan 31 19 Feb 15 19	Feb 15 2019	quarterly quarterly
2018	$0.265 $0.27	Nov 01 2018 Nov 01 2018 Nov 16 2018 Nov 01 18 Nov 16 18	Nov 16 2018	quarterly quarterly
2018	$0.265 $0.27	Aug 03 2018 Aug 03 2018 Aug 17 2018 Aug 03 18 Aug 17 18	Aug 17 2018	quarterly quarterly
2018	$0.265 $0.27	May 01 2018 May 01 2018 May 16 2018 May 01 18 May 16 18	May 16 2018	quarterly quarterly
2017	$0.265 $0.27	Jan 17 2018 Jan 17 2018 Feb 01 2018 Jan 17 18 Feb 01 18	Feb 01 2018	quarterly quarterly
2017	$0.2425 $0.24	Oct 27 2017 Oct 27 2017 Nov 14 2017 Oct 27 17 Nov 14 17	Nov 14 2017	quarterly quarterly
2017	$0.2425 $0.24	Aug 03 2017 Aug 03 2017 Aug 14 2017 Aug 03 17 Aug 14 17	Aug 14 2017	quarterly quarterly
2017	$0.2425 $0.24	Apr 27 2017 Apr 27 2017 May 15 2017 Apr 27 17 May 15 17	May 15 2017	quarterly quarterly
2016	$0.2425 $0.24	Jan 19 2017 Jan 19 2017 Feb 13 2017 Jan 19 17 Feb 13 17	Feb 13 2017	quarterly quarterly
2016	$0.22 $0.22	Oct 27 2016 Oct 27 2016 Nov 14 2016 Oct 27 16 Nov 14 16	Nov 14 2016	quarterly quarterly
2016	$0.22 $0.22	Aug 04 2016 Aug 04 2016 Aug 22 2016 Aug 04 16 Aug 22 16	Aug 22 2016	quarterly quarterly
2016	$0.22 $0.22	Apr 06 2016 Apr 06 2016 May 13 2016 Apr 06 16 May 13 16	May 13 2016	quarterly quarterly
2015	$0.22 $0.22	Jan 21 2016 Jan 21 2016 Feb 12 2016 Jan 21 16 Feb 12 16	Feb 12 2016	quarterly quarterly
2015	$0.2 $0.2	Oct 29 2015 Oct 29 2015 Nov 13 2015 Oct 29 15 Nov 13 15	Nov 13 2015	quarterly quarterly
2015	$0.2 $0.2	Jul 30 2015 Jul 30 2015 Aug 14 2015 Jul 30 15 Aug 14 15	Aug 14 2015	quarterly quarterly
2015	$0.2 $0.2	Apr 08 2015 Apr 08 2015 May 15 2015 Apr 08 15 May 15 15	May 15 2015	quarterly quarterly
2014	$0.2 $0.2	Jan 26 2015 Jan 26 2015 Feb 13 2015 Jan 26 15 Feb 13 15	Feb 13 2015	quarterly quarterly
2014	$0.185 $0.19	Oct 29 2014 Oct 29 2014 Nov 14 2014 Oct 29 14 Nov 14 14	Nov 14 2014	quarterly quarterly
2014	$0.185 $0.19	Jul 30 2014 Jul 30 2014 Aug 15 2014 Jul 30 14 Aug 15 14	Aug 15 2014	quarterly quarterly
2014	$0.185 $0.19	Apr 15 2014 Apr 15 2014 May 15 2014 Apr 15 14 May 15 14	May 15 2014	quarterly quarterly
2013	$0.185 $0.19	Jan 21 2014 Jan 21 2014 Feb 14 2014 Jan 21 14 Feb 14 14	Feb 14 2014	quarterly quarterly
2013	$0.165 $0.17	Nov 04 2013 Nov 04 2013 Nov 15 2013 Nov 04 13 Nov 15 13	Nov 15 2013	quarterly quarterly
2013	$0.165 $0.17	Jul 31 2013 Jul 31 2013 Aug 15 2013 Jul 31 13 Aug 15 13	Aug 15 2013	quarterly quarterly
2013	$0.165 $0.17	Apr 17 2013 Apr 17 2013 May 15 2013 Apr 17 13 May 15 13	May 15 2013	quarterly quarterly
2012	$0.145 $0.15	Jan 17 2013 Jan 17 2013 Feb 15 2013 Jan 17 13 Feb 15 13	Feb 15 2013	quarterly quarterly
2012	$0.145 $0.15	Oct 31 2012 Oct 31 2012 Nov 15 2012 Oct 31 12 Nov 15 12	Nov 15 2012	quarterly quarterly
2012	$0.145 $0.15	Jul 30 2012 Jul 30 2012 Aug 15 2012 Jul 30 12 Aug 15 12	Aug 15 2012	quarterly quarterly
2012	$0.145 $0.15	Mar 30 2012 Mar 30 2012 May 15 2012 Mar 30 12 May 15 12	May 15 2012	quarterly quarterly
2011	$0.125 $0.13	Jan 23 2012 Jan 23 2012 Feb 15 2012 Jan 23 12 Feb 15 12	Feb 15 2012	quarterly quarterly
2011	$0.125 $0.13	Oct 28 2011 Oct 28 2011 Nov 15 2011 Oct 28 11 Nov 15 11	Nov 15 2011	quarterly quarterly
2011	$0.125 $0.13	Jul 28 2011 Jul 28 2011 Aug 15 2011 Jul 28 11 Aug 15 11	Aug 15 2011	quarterly quarterly
2011	$0.125 $0.13	Apr 01 2011 Apr 01 2011 May 16 2011 Apr 01 11 May 16 11	May 16 2011	quarterly quarterly
2010	$0.125 $0.13	Jan 24 2011 Jan 24 2011 Feb 15 2011 Jan 24 11 Feb 15 11	Feb 15 2011	quarterly quarterly
2010	$0.125 $0.13	Oct 27 2010 Oct 27 2010 Nov 15 2010 Oct 27 10 Nov 15 10	Nov 15 2010	quarterly quarterly
2010	$0.125 $0.13	Jul 29 2010 Jul 29 2010 Aug 16 2010 Jul 29 10 Aug 16 10	Aug 16 2010	quarterly quarterly
2010	$0.125 $0.13	Mar 31 2010 Mar 31 2010 May 14 2010 Mar 31 10 May 14 10	May 14 2010	quarterly quarterly
2009	$0.125 $0.13	Jan 25 2010 Jan 25 2010 Feb 15 2010 Jan 25 10 Feb 15 10	Feb 15 2010	quarterly quarterly
2009	$0.125 $0.13	Nov 02 2009 Nov 02 2009 Nov 18 2009 Nov 02 09 Nov 18 09	Nov 18 2009	quarterly quarterly
2009	$0.125 $0.13	Jul 29 2009 Jul 29 2009 Aug 17 2009 Jul 29 09 Aug 17 09	Aug 17 2009	quarterly quarterly
2009	$0.125 $0.13	Apr 06 2009 Apr 06 2009 May 15 2009 Apr 06 09 May 15 09	May 15 2009	quarterly quarterly
2008	$0.125 $0.13	Jan 21 2009 Jan 21 2009 Feb 13 2009 Jan 21 09 Feb 13 09	Feb 13 2009	quarterly quarterly
2008	$0.125 $0.13	Oct 29 2008 Oct 29 2008 Nov 14 2008 Oct 29 08 Nov 14 08	Nov 14 2008	quarterly quarterly
2008	$0.125 $0.13	Aug 19 2008 Aug 19 2008 Aug 28 2008 Aug 19 08 Aug 28 08	Aug 28 2008	quarterly quarterly
2008	$0.23 $0.23	Apr 07 2008 Apr 07 2008 May 02 2008 Apr 07 08 May 02 08	May 02 2008	quarterly quarterly
2007	$0.23 $0.23	Jan 30 2008 Jan 30 2008 Feb 15 2008 Jan 30 08 Feb 15 08	Feb 15 2008	quarterly quarterly
2007	$0.23 $0.23	Oct 30 2007 Oct 30 2007 Nov 16 2007 Oct 30 07 Nov 16 07	Nov 16 2007	quarterly quarterly
2007	$0.23 $0.23	Jul 30 2007 Jul 30 2007 Aug 17 2007 Jul 30 07 Aug 17 07	Aug 17 2007	quarterly quarterly
2007	$0.23 $0.23	Apr 27 2007 Apr 27 2007 May 18 2007 Apr 27 07 May 18 07	May 18 2007	quarterly quarterly
2006	$0.22 $0.22	Jan 30 2007 Jan 30 2007 Feb 16 2007 Jan 30 07 Feb 16 07	Feb 16 2007	quarterly quarterly
2006	$0.22 $0.22	Oct 30 2006 Oct 30 2006 Nov 17 2006 Oct 30 06 Nov 17 06	Nov 17 2006	quarterly quarterly
2006	$0.22 $0.22	Jul 28 2006 Jul 28 2006 Aug 18 2006 Jul 28 06 Aug 18 06	Aug 18 2006	quarterly quarterly
2006	$0.22 $0.22	Apr 27 2006 Apr 27 2006 May 19 2006 Apr 27 06 May 19 06	May 19 2006	quarterly quarterly
2005	$0.2 $0.2	Jan 30 2006 Jan 30 2006 Feb 17 2006 Jan 30 06 Feb 17 06	Feb 17 2006	quarterly quarterly
2005	$0.2 $0.2	Oct 28 2005 Oct 28 2005 Nov 18 2005 Oct 28 05 Nov 18 05	Nov 18 2005	quarterly quarterly
2005	$0.2 $0.2	Jul 28 2005 Jul 28 2005 Aug 19 2005 Jul 28 05 Aug 19 05	Aug 19 2005	quarterly quarterly
2005	$0.185 $0.19	Apr 28 2005 Apr 28 2005 May 20 2005 Apr 28 05 May 20 05	May 20 2005	quarterly quarterly
2004	$0.185 $0.19	Jan 28 2005 Jan 28 2005 Feb 18 2005 Jan 28 05 Feb 18 05	Feb 18 2005	quarterly quarterly
2004	$0.16 $0.16	Oct 28 2004 Oct 28 2004 Nov 12 2004 Oct 28 04 Nov 12 04	Nov 12 2004	quarterly quarterly
2004	$0.16 $0.16	Jul 29 2004 Jul 29 2004 Aug 13 2004 Jul 29 04 Aug 13 04	Aug 13 2004	quarterly quarterly
2004	$0.16 $0.16	Apr 29 2004 Apr 29 2004 May 14 2004 Apr 29 04 May 14 04	May 14 2004	quarterly quarterly
2003	$0.1533 $0.15	Jan 29 2004 Jan 29 2004 Feb 13 2004 Jan 29 04 Feb 13 04	Feb 13 2004	quarterly quarterly
2003	$0.1533 $0.15	Oct 30 2003 Oct 30 2003 Nov 14 2003 Oct 30 03 Nov 14 03	Nov 14 2003	quarterly quarterly
2003	$0.1533 $0.15	Jul 30 2003 Jul 30 2003 Aug 15 2003 Jul 30 03 Aug 15 03	Aug 15 2003	quarterly quarterly
2003	$0.1533 $0.15	Apr 30 2003 Apr 30 2003 May 16 2003 Apr 30 03 May 16 03	May 16 2003	quarterly quarterly
2002	$0.1467 $0.15	Jan 30 2003 Jan 30 2003 Feb 14 2003 Jan 30 03 Feb 14 03	Feb 14 2003	quarterly quarterly
2002	$0.1467 $0.15	Oct 31 2002 Oct 31 2002 Nov 15 2002 Oct 31 02 Nov 15 02	Nov 15 2002	quarterly quarterly
2002	$0.1467 $0.15	Jul 31 2002 Jul 31 2002 Aug 16 2002 Jul 31 02 Aug 16 02	Aug 16 2002	quarterly quarterly
2002	$0.1467 $0.15	Apr 30 2002 Apr 30 2002 May 17 2002 Apr 30 02 May 17 02	May 17 2002	quarterly quarterly
2001	$0.1333 $0.13	Jan 31 2002 Jan 31 2002 Feb 15 2002 Jan 31 02 Feb 15 02	Feb 15 2002	- -
2001	$0.1333 $0.13	Oct 31 2001 Oct 31 2001 Nov 16 2001 Oct 31 01 Nov 16 01	Nov 16 2001	quarterly quarterly
2001	$0.1333 $0.13	Jul 31 2001 Jul 31 2001 Aug 17 2001 Jul 31 01 Aug 17 01	Aug 17 2001	quarterly quarterly
2001	$0.1333 $0.13	Apr 30 2001 Apr 30 2001 May 18 2001 Apr 30 01 May 18 01	May 18 2001	quarterly quarterly

How much dividend does PNM Resources, Inc. pay?

PNM Resources, Inc. most recently paid a dividend of $0.42. PNM Resources, Inc. paid a Dividend of $1.65 Per Share in the financial year 2025. With a stock price of $58.41 at Oct 02 2026, the current dividend yield is 2.82% (calculation: $1.65 / $58.41 = 2.82%). No special dividend was paid.

Use the StocksGuide screener to find the stocks with the highest dividend yields. Here you will find, for example, the 100 largest dividend stocks in the world:

View now

What is the PNM Resources, Inc. Dividend Yield and payout ratio?

The average PNM Resources, Inc. dividend yield over the last 5 years is 3.15% and the average over the last 10 years is 2.92%.

The payout ratio of PNM Resources, Inc. in relation to the last financial year is 111.15%. The payout ratio smoothed over 3 years is 91.01%. 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	2.82%
Dividend Yield 5Y	3.15%
Dividend Yield 10Y	2.92%
Payout 1Y	111.15%
Payout 3Y	91.01%

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 2 years (dividend continuity). As a result, the dividend was recently increased 2-times.

The Dividend Growth in relation to the previous financial year amounts to 4.78%. The average PNM Resources, Inc. Dividend Growth over the last 5 years is 5.65%. The average for the last 10 years is 7.21%.

Metric	PNM Resources, Inc.
Increased	2 Years
Continuity	2 Years
Paid	25 Years
Growth 1Y	4.78%
Growth 5Y	5.65%
Growth 10Y	7.21%

Continuity

Dividend Growth

With the Stock Screener, you can search for the best Dividend Aristocrats in indices such as the DAX or NASDAQ.

148 Dividend Aristocrats

PNM Resources, Inc. Stock Forecast 2026

On the stock exchange, the PNM Resources, Inc. stock (ISIN: US69349H1077) is not traded as a top scorer in October 2026 according to the dividend strategy.

The stock price of PNM Resources, Inc. -0.80% has fallen since the beginning of the year 2026. 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: TXNM) is valued at a Price / Earnings Ratio (P/E ratio) of 33.19 and a price/sales ratio (P/S ratio) of 2.88 valued. Based on analyst estimates, the PNM Resources, Inc. stock forecast 2026 of the current financial year corresponds to a valuation of 19.97 according to P/E ratio and 2.65 according to P/S.

Metric	PNM Resources, Inc.
Dividend Score	??/15
Performance 2026	0.80%
P/E TTM	33.19
P/S TTM	2.88
P/E forward	19.97
P/S forward	2.65

Discover more Dividend Stocks in Germany, USA and Worldwide

Imperial Brands ??/15

Procter & Gamble ??/15

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

Start now

The Apple stock at a glance with charts, current key metrics, news and stock analyses.

The Best Dividend Stocks in the Dividend Top Scorer list.

Stock Analyses of the Best Stocks Worldwide.

Start building wealth today