PNM Resources Inc (Holding Co) Stock Dividends
PNM pays dividends quarterly. Last paid amount was $0.388 at May 10, 2024. As of today, dividend yield (TTM) is 3.76%.
Dividend Yield Range
AI Analysis of PNM
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 3.76% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 5.44% |
| Payout Ratio | 0 |
| Amount Per Share | $0.388 |
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PNM Resources Inc (Holding Co) has not yet announced its next dividend date. Last payment date was: May 10, 2024.
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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 | |
|---|---|---|---|---|---|
| 41 | Feb 27, 2014 | Apr 15, 2014 | May 15, 2014 | $0.185 | 0.670% |
| 42 | Dec 06, 2013 | Jan 21, 2014 | Feb 14, 2014 | $0.185 | 0.730% |
| 43 | Sep 17, 2013 | Nov 04, 2013 | Nov 15, 2013 | $0.165 | 0.712% |
| 44 | Jul 16, 2013 | Jul 31, 2013 | Aug 15, 2013 | $0.165 | 0.721% |
| 45 | Mar 01, 2013 | Apr 17, 2013 | May 15, 2013 | $0.165 | 0.704% |
| 46 | Dec 11, 2012 | Jan 17, 2013 | Feb 15, 2013 | $0.145 | 0.685% |
| 47 | Sep 19, 2012 | Oct 31, 2012 | Nov 15, 2012 | $0.145 | 0.723% |
| 48 | Jul 17, 2012 | Jul 30, 2012 | Aug 15, 2012 | $0.145 | 0.700% |
| 49 | Feb 29, 2012 | Mar 30, 2012 | May 15, 2012 | $0.145 | 0.81% |
| 50 | Dec 06, 2011 | Jan 23, 2012 | Feb 15, 2012 | $0.125 | 0.698% |
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 3.76%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.68%). PNM’s dividend yield is lower than the average of the top 25% of dividend payers in the Utilities sector in the US market (8.58%), which means that there are more attractive dividend stocks to consider.
PNM Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| PNM Resources Inc (Holding Co) | 3.471B | $0.388 | 3.76% | 161.59% | |
| Southwest Gas Corporation | 5.455B | $0.620 | 3.73% | 92.02% |
