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 | |
|---|---|---|---|---|---|
| 71 | Sep 26, 2006 | Oct 30, 2006 | Nov 17, 2006 | $0.220 | 0.722% |
| 72 | Jul 18, 2006 | Jul 28, 2006 | Aug 18, 2006 | $0.220 | 0.786% |
| 73 | Feb 14, 2006 | Apr 27, 2006 | May 19, 2006 | $0.220 | 0.90% |
| 74 | Dec 06, 2005 | Jan 30, 2006 | Feb 17, 2006 | $0.200 | 0.81% |
| 75 | Sep 27, 2005 | Oct 28, 2005 | Nov 18, 2005 | $0.200 | 0.793% |
| 76 | Jul 19, 2005 | Jul 28, 2005 | Aug 19, 2005 | $0.200 | 0.691% |
| 77 | Feb 15, 2005 | Apr 28, 2005 | May 20, 2005 | $0.185 | 0.677% |
| 78 | Dec 08, 2004 | Jan 28, 2005 | Feb 18, 2005 | $0.185 | 0.721% |
| 79 | Sep 29, 2004 | Oct 28, 2004 | Nov 12, 2004 | $0.160 | 0.635% |
| 80 | May 18, 2004 | Jul 29, 2004 | Aug 13, 2004 | $0.160 | 0.783% |
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 (1.69%). 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% |
