TXNM Energy, Inc. (TXNM) To Go Ex-Dividend on October 23rd

TXNM Energy, Inc. (NYSE:TXNM) announced a quarterly dividend on Tuesday, September 22nd. Shareholders of record on Friday, October 23rd will be given a dividend of 0.4225 per share on Friday, November 13th. This represents a c) dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Friday, October 23rd.

TXNM Energy has increased its dividend by an average of 0.1%annually over the last three years.

TXNM Energy Trading Down 0.4%

TXNM opened at $58.38 on Thursday. TXNM Energy has a 1-year low of $55.64 and a 1-year high of $59.53. The company has a current ratio of 0.56, a quick ratio of 0.39 and a debt-to-equity ratio of 1.44. The company has a market cap of $6.43 billion, a P/E ratio of 32.26, a price-to-earnings-growth ratio of 2.53 and a beta of 0.17. The company has a fifty day moving average price of $57.82 and a two-hundred day moving average price of $58.19.

TXNM Energy (NYSE:TXNM) last released its quarterly earnings data on Friday, July 31st. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. TXNM Energy had a net margin of 9.04% and a return on equity of 8.11%. The company had revenue of $548.55 million for the quarter, compared to analysts’ expectations of $567.00 million. Analysts predict that TXNM Energy will post 3.07 EPS for the current fiscal year.

About TXNM Energy

TXNM Energy Inc (NYSE: TXNM) is an energy holding company that owns regulated electric utilities serving customers in New Mexico and Texas. Its principal operating companies are Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP).

PNM provides electricity generation, transmission and distribution services in New Mexico, while TNMP operates an electric transmission and distribution network in several regions of Texas. The company’s operations support residential, commercial and industrial customers and include a mix of conventional and renewable power resources.

TXNM Energy was formerly known as PNM Resources and adopted its current name and ticker symbol in 2025.