TXNM Energy Announces Quarterly Dividend for Shareholders

Author: Lucas Young Updated: 02-25-2025 04:26 PM

TXNM Energy Declares Quarterly Dividend for Shareholders

In a recent meeting, the Board of Directors of TXNM Energy, Inc. (NYSE: TXNM) made an important announcement regarding its quarterly dividend. The board declared a regular quarterly dividend of $0.4075 per share on the company's common stock, reflecting TXNM Energy's ongoing commitment to delivering reliable shareholder value. This dividend will be payable to shareholders who are on record as of the close of business on April 25, with the payment made on May 16.

Commitment to Shareholders

TXNM Energy consistently strives to provide its shareholders with a valuable return on investment. With the declared quarterly dividend, the company aims to reward its dedicated shareholders while maintaining its focus on market growth and sustainability. This decision demonstrates the strength and stability of TXNM Energy in the energy sector, as it continues to thrive in an ever-evolving market.

About TXNM Energy

TXNM Energy, based in the United States, is a prominent energy holding company that serves more than 800,000 homes and businesses across Texas and New Mexico. The company operates through its regulated utilities, Texas-New Mexico Power (TNMP) and Public Service Company of New Mexico (PNM). By focusing on efficient energy delivery and conservation strategies, TXNM Energy is shaping the future of energy consumption in these regions. Its commitment to providing reliable service aligns with broader goals of sustainability and community support.

Future Outlook

As TXNM Energy looks ahead, its management remains committed to innovation and improving infrastructure for the benefit of its customers. The company is actively investing in modern energy solutions that not only enhance performance but also address environmental concerns. This forward-thinking approach positions TXNM Energy to continue leading in the energy sector, engaging with stakeholders, and adapting to the needs of the market.

CONTACTS:

For Analysts

Lisa Goodman, TXNM Energy

(505) 241-2160

For Media Inquiries

Corporate Communications Department

(505) 241-2743

Frequently Asked Questions

What dividend amount did TXNM Energy declare?

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

When will the dividend be paid?

The dividend will be payable on May 16 to shareholders of record on April 25.

How many homes does TXNM Energy serve?

TXNM Energy serves over 800,000 homes and businesses in Texas and New Mexico.

What utilities operate under TXNM Energy?

TXNM Energy operates through Texas-New Mexico Power (TNMP) and Public Service Company of New Mexico (PNM).

What is the future outlook for TXNM Energy?

TXNM Energy is focused on innovation and improving infrastructure while maintaining a commitment to sustainability.

About The Author

Even at just 28 years old, Lucas Young has made a name for himself as a writer and financial expert. Lucas is a gifted communicator of difficult financial ideas and has written a number of well-received books and articles that appeal to both new and experienced investors. The financial world has come to rely on his perceptive analysis and useful counsel. Many people have been enabled to make wise investment decisions by Lucas's commitment to financial literacy and his ability to demystify the complexities of the market. Lucas is still dedicated to advising and teaching people on their financial journeys as he shares his knowledge.

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