PNM Resources Dividend

Dividend criteria checks 3/6

PNM Resources is a dividend paying company with a current yield of 4.27%.

Key information

4.3%

Dividend yield

165%

Payout ratio

Industry average yield3.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUS$0.89
Dividend yield forecast in 3Y4.7%

Recent dividend updates

Recent updates

PNM Resources (NYSE:PNM) Has Announced A Dividend Of $0.3875

Apr 19
PNM Resources (NYSE:PNM) Has Announced A Dividend Of $0.3875

PNM Resources: Medium Term Growth Potential But Less Financial Flexibility

Apr 07

PNM Resources (NYSE:PNM) Is Due To Pay A Dividend Of $0.3875

Apr 03
PNM Resources (NYSE:PNM) Is Due To Pay A Dividend Of $0.3875

PNM Resources: No Merger, No Thank You

Jan 12

PNM Resources (NYSE:PNM) Will Pay A Larger Dividend Than Last Year At $0.3875

Jan 02
PNM Resources (NYSE:PNM) Will Pay A Larger Dividend Than Last Year At $0.3875

PNM Resources (NYSE:PNM) Will Pay A Larger Dividend Than Last Year At $0.3875

Dec 12
PNM Resources (NYSE:PNM) Will Pay A Larger Dividend Than Last Year At $0.3875

Is PNM Resources (NYSE:PNM) Using Too Much Debt?

Dec 07
Is PNM Resources (NYSE:PNM) Using Too Much Debt?

Returns On Capital At PNM Resources (NYSE:PNM) Have Stalled

Oct 27
Returns On Capital At PNM Resources (NYSE:PNM) Have Stalled

PNM Resources: Exciting Initiatives Is Boosting The Bottom Line

Sep 30

PNM Resources: Debate Hinges On Merger, Economic Value Absent Either Way

Sep 23

Calculating The Fair Value Of PNM Resources, Inc. (NYSE:PNM)

Sep 18
Calculating The Fair Value Of PNM Resources, Inc. (NYSE:PNM)

PNM Resources (NYSE:PNM) Has A Somewhat Strained Balance Sheet

Aug 23
PNM Resources (NYSE:PNM) Has A Somewhat Strained Balance Sheet

PNM Resources: High Valuation, Uncertain Backup Plan

Jun 14

PNM Resources (NYSE:PNM) Ticks All The Boxes When It Comes To Earnings Growth

May 20
PNM Resources (NYSE:PNM) Ticks All The Boxes When It Comes To Earnings Growth

Here's What To Make Of PNM Resources' (NYSE:PNM) Decelerating Rates Of Return

May 01
Here's What To Make Of PNM Resources' (NYSE:PNM) Decelerating Rates Of Return

PNM Resources' (NYSE:PNM) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 05
PNM Resources' (NYSE:PNM) Shareholders Will Receive A Bigger Dividend Than Last Year

PNM Resources beats FY top and bottom line estimates; narrows FY23 outlook

Feb 24

PNM Resources cut to Neutral at Mizuho on likelihood of Avangrid deal close

Jan 09

PNM Resources' (NYSE:PNM) Upcoming Dividend Will Be Larger Than Last Year's

Jan 02
PNM Resources' (NYSE:PNM) Upcoming Dividend Will Be Larger Than Last Year's

PNM Resources reports Q3 earnings beat; raises FY22 and reaffirms FY23 guidance

Nov 04

PNM Resources declares $0.3475 dividend

Sep 16

PNM Resources Non-GAAP EPS of $0.57 beats by $0.04, revenue of $499.73M beats by $54.37M, affirms FY earning guidance

Aug 04

PNM Resources: Avangrid Merger Is Likely To Close

Jul 04

PNM Resources: Renewables Path Uncertain But Don't Bet On Merger

Feb 08

Avangrid-PNM merger deal wins OK from Nuclear Regulatory Commission

May 26

PNM Resources reports Q1 results

Apr 30

Does PNM Resources (NYSE:PNM) Have A Healthy Balance Sheet?

Mar 12
Does PNM Resources (NYSE:PNM) Have A Healthy Balance Sheet?

Stability 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
How does PNM dividend yield compare to the market?
SegmentDividend Yield
Company (PNM)4.3%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.8%
Industry Average (Electric Utilities)3.3%
Analyst forecast in 3 Years (PNM)4.7%

Notable Dividend: PNM's dividend (4.27%) is higher than the bottom 25% of dividend payers in the US market (1.53%).

High Dividend: PNM's dividend (4.27%) is low compared to the top 25% of dividend payers in the US market (4.79%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (165%), 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.


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