TXNM Energy Dividends and Buybacks
Dividend criteria checks 4/6
TXNM Energy is a dividend paying company with a current yield of 3.06% that is well covered by earnings.
Key information
3.1%
Dividend yield
-4.0%
Buyback Yield
| Total Shareholder Yield | -0.9% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 7.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.630 |
| Payout ratio | 79% |
Recent dividend and buyback updates
TXNM Energy (NYSE:TXNM) Is Increasing Its Dividend To $0.4075
Jan 21
PNM Resources (NYSE:PNM) Has Announced A Dividend Of $0.3875
Apr 19Recent updates
Why We're Not Concerned About TXNM Energy, Inc.'s (NYSE:TXNM) Share Price
Feb 12TXNM Energy (NYSE:TXNM) Is Increasing Its Dividend To $0.4075
Jan 21TXNM Energy (NYSE:TXNM) Shareholders Will Want The ROCE Trajectory To Continue
Jan 04A 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: Exciting Initiatives Is Boosting The Bottom Line
Sep 30PNM Resources: Debate Hinges On Merger, Economic Value Absent Either Way
Sep 23PNM Resources: High Valuation, Uncertain Backup Plan
Jun 14PNM 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 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 04Stability 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) | 3.1% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Electric Utilities) | 3.0% |
| Analyst forecast (TXNM) (up to 3 years) | 3.4% |
Notable Dividend: TXNM's dividend (3.06%) is higher than the bottom 25% of dividend payers in the US market (1.48%).
High Dividend: TXNM's dividend (3.06%) 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 | 2025/02/22 10:36 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
TXNM Energy, Inc. is covered by 21 analysts. 4 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 |