Press Release: Public Service Company of New Mexico Declares Preferred Dividend

Dow Jones
Mar 12, 2024

Public Service Company of New Mexico Declares Preferred Dividend

PR Newswire

ALBUQUERQUE, N.M., March 11, 2024

ALBUQUERQUE, N.M., March 11, 2024 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of PNM Resources $(PNM)$, declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable April 15, 2024, to shareholders of record at the close of business March 29, 2024.

Background:

PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2023 consolidated operating revenues of $1.9 billion. Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity to more than 800,000 homes and businesses in New Mexico and Texas. PNM serves its customers with a diverse mix of generation and purchased power resources totaling 3.1 gigawatts of capacity, with a goal to achieve 100% emissions-free generation by 2040. For more information, visit the company's website at www.PNMResources.com.

CONTACTS:

Analysts

Lisa Goodman

$(505.SI)$ 241-2160

Media

Raymond Sandoval

(505) 241-2782

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SOURCE PNM Resources, Inc.

 

(END) Dow Jones Newswires

March 11, 2024 16:15 ET (20:15 GMT)

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