TXNM
TXNM Energy Board Declares Quarterly Common Stock Dividend
Article Summary
HOLD- TXNM Energy Inc. (NYSE: TXNM) declared a $0.4225 quarterly dividend on its common stock, payable August 14, 2026, to shareholders of record August 3, with the dividend being payable to shareholders at the close of business on August 14.
- TXNM Energy delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM.
- The board of directors declared the regular quarterly dividend at its regular meeting held today.
- The dividend reflects the company's position as a leading energy holding company in New Mexico and Texas.
Free users see 3 BUY signals per day. Premium unlocks all of them, plus instant email alerts.
See Plans
Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 8.5% | 25% | 35.0 ptsBelow Screener (8.5%) - Weak growth |
| EPS Growth Next 5Y ? | 14.7% | 25% | 35.0 ptsBelow Screener (14.7%) - Modest outlook |
| Target Price Upside ? | 5.2% | 20% | 35.0 ptsBelow Screener (5.2%) - Target: $61.12 vs Current: $58.09 |
| Gross Margin % ? | 38.5% | 15% | 60.0 ptsSolid (38.5%) - Decent margins |
| Drawdown from 52-Wk High ? | -2.4% | 15% | 20.0 ptsBarely a Dip (-2.4%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About TXNM
- TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States.
- The company engages in the generation, transmission, and distribution of electricity for retail electric customers; and owns and leases communications, office and other equipment, office space, vehicles, energy storage facilities, and real estate.
- It also provides regulated transmission and distribution services in Texas, as well as owns and leases vehicles, service facilities, and office locations throughout its service territory.
- It serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas.
- The company was formerly known as PNM Resources, Inc and changed its name to TXNM Energy, Inc. in August 2024.
- TXNM Energy, Inc. was founded in 1882 and is based in Albuquerque, New Mexico.