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 Yield3.5%
Dividend Growth2.7%
Next dividend pay date14 Feb 25
Ex dividend date31 Jan 25
Dividend per share€1.630
Payout ratio79%

Recent dividend and buyback updates

Recent updates

Upcoming Dividend Payment

TodayDec 13 2024Ex Dividend DateJan 31 2025Dividend Pay DateFeb 14 202514 days from Ex DividendBuy in the next 49 days to receive the upcoming dividend

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?
SegmentDividend 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.


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