TXNM Energy Dividends and Buybacks
Dividend criteria checks 4/6
TXNM Energy is a dividend paying company with a current yield of 3.36% that is well covered by earnings. Next payment date is on 14th February, 2025 with an ex-dividend date of 31st January, 2025.
Key information
3.4%
Dividend yield
-4.4%
Buyback Yield
| Total Shareholder Yield | -1.0% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 2.7% |
| Next dividend pay date | 14 Feb 25 |
| Ex dividend date | 31 Jan 25 |
| Dividend per share | €1.630 |
| Payout ratio | 79% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 98P's dividends per share have been stable in the past 10 years.
Growing Dividend: 98P's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| TXNM Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (98P) | 3.4% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Electric Utilities) | 4.9% |
| Analyst forecast (98P) (up to 3 years) | 3.5% |
Notable Dividend: 98P's dividend (3.36%) is higher than the bottom 25% of dividend payers in the German market (1.71%).
High Dividend: 98P's dividend (3.36%) is low compared to the top 25% of dividend payers in the German market (4.87%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.8%), 98P's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 98P is paying a dividend but the company has no free cash flows.