TXNM Energy Dividends and Buybacks
Dividend criteria checks 4/6
TXNM Energy is a dividend paying company with a current yield of 3.4% 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 | 3.6% |
| Dividend Growth | 2.7% |
| Next dividend pay date | 14 Feb 25 |
| Ex dividend date | 31 Jan 25 |
| Dividend per share | US$1.630 |
| Payout ratio | 79% |
Recent dividend and buyback 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 02Recent updates
A Look At The Fair Value Of TXNM Energy, Inc. (NYSE:TXNM)
Dec 11Investors Still Waiting For A Pull Back In TXNM Energy, Inc. (NYSE:TXNM)
Oct 25TXNM Energy's (NYSE:TXNM) Returns On Capital Are Heading Higher
Oct 01PNM Resources, Inc. (NYSE:PNM) Not Lagging Market On Growth Or Pricing
Jun 23PNM 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 04Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TXNM's dividends per share have been stable in the past 10 years.
Growing Dividend: TXNM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| TXNM Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TXNM) | 3.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Electric Utilities) | 3.1% |
| Analyst forecast (TXNM) (up to 3 years) | 3.6% |
Notable Dividend: TXNM's dividend (3.4%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: TXNM's dividend (3.4%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.8%), TXNM's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TXNM is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:33 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TXNM Energy, Inc. is covered by 23 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gary Hovis | Argus Research Company |
| David Parker | Baird |
| Daniel Ford | Barclays |