PNM Resources Dividend
Dividend criteria checks 3/6
PNM Resources is a dividend paying company with a current yield of 4.23%. Next payment date is on 10th May, 2024 with an ex-dividend date of 25th April, 2024.
Key information
4.2%
Dividend yield
146%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | 10 May 24 |
| Ex dividend date | 25 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | US$0.97 |
| Dividend yield forecast in 3Y | 4.7% |
Recent dividend updates
PNM Resources (NYSE:PNM) Has Announced A Dividend Of $0.3875
Apr 19
PNM Resources (NYSE:PNM) Is Due To Pay A Dividend Of $0.3875
Apr 03PNM Resources (NYSE:PNM) Will Pay A Larger Dividend Than Last Year At $0.3875
Jan 02PNM Resources (NYSE:PNM) Will Pay A Larger Dividend Than Last Year At $0.3875
Dec 12Recent updates
PNM Resources (NYSE:PNM) Has Announced A Dividend Of $0.3875
Apr 19PNM Resources: Medium Term Growth Potential But Less Financial Flexibility
Apr 07PNM Resources (NYSE:PNM) Is Due To Pay A Dividend Of $0.3875
Apr 03PNM Resources: No Merger, No Thank You
Jan 12PNM Resources (NYSE:PNM) Will Pay A Larger Dividend Than Last Year At $0.3875
Jan 02PNM Resources (NYSE:PNM) Will Pay A Larger Dividend Than Last Year At $0.3875
Dec 12Is PNM Resources (NYSE:PNM) Using Too Much Debt?
Dec 07Returns On Capital At PNM Resources (NYSE:PNM) Have Stalled
Oct 27PNM Resources: Exciting Initiatives Is Boosting The Bottom Line
Sep 30PNM Resources: Debate Hinges On Merger, Economic Value Absent Either Way
Sep 23Calculating The Fair Value Of PNM Resources, Inc. (NYSE:PNM)
Sep 18PNM Resources (NYSE:PNM) Has A Somewhat Strained Balance Sheet
Aug 23PNM Resources: High Valuation, Uncertain Backup Plan
Jun 14PNM Resources (NYSE:PNM) Ticks All The Boxes When It Comes To Earnings Growth
May 20Here's What To Make Of PNM Resources' (NYSE:PNM) Decelerating Rates Of Return
May 01PNM Resources' (NYSE:PNM) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 05PNM Resources beats FY top and bottom line estimates; narrows FY23 outlook
Feb 24PNM Resources cut to Neutral at Mizuho on likelihood of Avangrid deal close
Jan 09PNM Resources' (NYSE:PNM) Upcoming Dividend Will Be Larger Than Last Year's
Jan 02PNM Resources reports Q3 earnings beat; raises FY22 and reaffirms FY23 guidance
Nov 04PNM Resources declares $0.3475 dividend
Sep 16PNM Resources Non-GAAP EPS of $0.57 beats by $0.04, revenue of $499.73M beats by $54.37M, affirms FY earning guidance
Aug 04PNM Resources: Avangrid Merger Is Likely To Close
Jul 04PNM Resources: Renewables Path Uncertain But Don't Bet On Merger
Feb 08Avangrid-PNM merger deal wins OK from Nuclear Regulatory Commission
May 26PNM Resources reports Q1 results
Apr 30Does PNM Resources (NYSE:PNM) Have A Healthy Balance Sheet?
Mar 12Does PNM Resources' (NYSE:PNM) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PNM's dividends per share have been stable in the past 10 years.
Growing Dividend: PNM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| PNM Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PNM) | 4.2% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Electric Utilities) | 3.4% |
| Analyst forecast in 3 Years (PNM) | 4.7% |
Notable Dividend: PNM's dividend (4.23%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: PNM's dividend (4.23%) is low compared to the top 25% of dividend payers in the US market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (146.4%), PNM's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PNM is paying a dividend but the company has no free cash flows.