PNM Resources Inc (Holding Co) Stock Dividends
PNM pays dividends quarterly. Last paid amount was $0.388 at Feb 16, 2024. As of today, dividend yield (TTM) is 3.77%.
Dividend Yield Range
AI Analysis of PNM
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 3.77% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 5.44% |
| Payout Ratio | 0 |
| Amount Per Share | $0.388 |
| Next Ex-Dividend Date | Apr 25, 2024 |
| Next Payment Date | May 10, 2024 |
PNM Dividend Payout History
To ensure a understanding of PNM's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 01, 2024 | Apr 25, 2024 | May 10, 2024 | $0.388 | 1.03% |
| 2 | Dec 05, 2023 | Feb 01, 2024 | Feb 16, 2024 | $0.388 | 1.03% |
| 3 | Sep 19, 2023 | Oct 26, 2023 | Nov 10, 2023 | $0.368 | 0.87% |
| 4 | Aug 01, 2023 | Aug 10, 2023 | Aug 25, 2023 | $0.368 | 0.84% |
| 5 | Feb 28, 2023 | Apr 27, 2023 | May 12, 2023 | $0.368 | 0.771% |
| 6 | Dec 02, 2022 | Feb 02, 2023 | Feb 17, 2023 | $0.368 | 0.748% |
| 7 | Sep 16, 2022 | Oct 26, 2022 | Nov 10, 2022 | $0.348 | 0.736% |
| 8 | Aug 05, 2022 | Aug 16, 2022 | Aug 31, 2022 | $0.348 | 0.734% |
| 9 | Mar 01, 2022 | Apr 28, 2022 | May 13, 2022 | $0.348 | 0.746% |
| 10 | Feb 03, 2022 | Feb 11, 2022 | Feb 24, 2022 | $0.348 | 0.776% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
PNM Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from PNM dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in PNM stock here.
Comparing PNM to Sector and Country
PNM pays a solid dividend yield of 3.77%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.71%). PNM’s dividend yield is lower than the average of the top 25% of dividend payers in the Utilities sector in the US market (8.45%), which means that there are more attractive dividend stocks to consider.
PNM Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Southwest Gas Corporation | 5.345B | $0.620 | 3.91% | 115.70% | |
| PNM Resources Inc (Holding Co) | 3.373B | $0.388 | 3.78% | 143.42% |
