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
How does 98P dividend yield compare to the 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.