TXNM Energy Dividends and Buybacks
Dividend criteria checks 4/6
TXNM Energy is a dividend paying company with a current yield of 3.25% that is well covered by earnings.
Key information
3.3%
Dividend yield
-4.4%
Buyback Yield
| Total Shareholder Yield | -1.2% |
| Future Dividend Yield | 3.6% |
| Dividend Growth | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.550 |
| 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
Investors 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 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) | 3.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Electric Utilities) | 2.9% |
| Analyst forecast (TXNM) (up to 3 years) | 3.6% |
Notable Dividend: TXNM's dividend (3.25%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: TXNM's dividend (3.25%) is low compared to the top 25% of dividend payers in the US market (4.32%).
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.