How much dividend does TXNM Energy pay?
Over the past 12 months, TXNM Energy paid a dividend of 1.47 USD . This corresponds to a dividend yield of about 3.48 %. For the coming 12 months, TXNM Energy is expected to pay a dividend of 1.51 USD.
TXNM Energy Dividend 2024
TXNM Energy Dividend
1.47 USD
TXNM Energy Dividend yield
3.48 %
Ticker
TXNM
ISIN
US69349H1077
WKN
529983
How much dividend does TXNM Energy 2024 pay?
According to the latest status from November 2024, TXNM Energy paid a total of 1.47 USD per share in dividends within the last 12 months. With the current TXNM Energy price of 42.28 USD, this corresponds to a dividend yield of 3.48 %. A dividend is paid times per year.
| 3.48 % Dividend Yield | = |
|
Historical TXNM Energy Dividends
A dividend is paid times per year. Last year, the payout months were March, May, September and November.
| Paydate | Dividend |
|---|---|
| 11/28/2024 | 0.39 |
| 8/26/2024 | 0.39 |
| 5/25/2024 | 0.39 |
| 3/1/2024 | 0.39 |
| 11/26/2023 | 0.37 |
| 9/10/2023 | 0.37 |
| 5/27/2023 | 0.37 |
| 3/2/2023 | 0.37 |
| 11/26/2022 | 0.35 |
| 9/16/2022 | 0.35 |
| 5/28/2022 | 0.35 |
| 3/11/2022 | 0.35 |
| 11/29/2021 | 0.33 |
| 9/5/2021 | 0.33 |
| 5/29/2021 | 0.33 |
| 3/2/2021 | 0.33 |
| 11/30/2020 | 0.31 |
| 9/6/2020 | 0.31 |
| 5/30/2020 | 0.31 |
| 3/2/2020 | 0.31 |
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TXNM Energy dividend history and estimates US69349H1077 · 529983
In 2023, TXNM Energy paid a dividend amounting to 1.47 USD. Dividend means that TXNM Energy distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Details
Dividend
ⓘDividend Overview
The dividend per year chart for TXNM Energy provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.
Interpretation and Use
A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify TXNM Energy’s potential for long-term investment and income generation through dividends.
Investment Strategy
Incorporate the dividend data in evaluating TXNM Energy's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.
TXNM Energy Dividend History
| Date | TXNM Energy Dividend |
|---|---|
| 2028e | 1.51 undefined |
| 2027e | 1.51 undefined |
| 2026e | 1.51 undefined |
| 2025e | 1.51 undefined |
| 2024e | 1.51 undefined |
| 2023 | 1.47 undefined |
| 2022 | 1.39 undefined |
| 2021 | 1.31 undefined |
| 2020 | 1.23 undefined |
| 2019 | 1.16 undefined |
| 2018 | 1.06 undefined |
| 2017 | 0.97 undefined |
| 2016 | 0.88 undefined |
| 2015 | 0.8 undefined |
| 2014 | 0.74 undefined |
| 2013 | 0.64 undefined |
| 2012 | 0.56 undefined |
| 2011 | 0.5 undefined |
| 2010 | 0.5 undefined |
| 2009 | 0.5 undefined |
| 2008 | 0.71 undefined |
| 2007 | 0.91 undefined |
| 2006 | 0.86 undefined |
| 2005 | 0.77 undefined |
| 2004 | 0.63 undefined |
| Dividend | Dividend (Estimate) | |
|---|---|---|
| 2004 | 0.63 USD | 0 USD |
| 2005 | 0.77 USD | 0 USD |
| 2006 | 0.86 USD | 0 USD |
| 2007 | 0.91 USD | 0 USD |
| 2008 | 0.71 USD | 0 USD |
| 2009 | 0.5 USD | 0 USD |
| 2010 | 0.5 USD | 0 USD |
| 2011 | 0.5 USD | 0 USD |
| 2012 | 0.56 USD | 0 USD |
| 2013 | 0.64 USD | 0 USD |
| 2014 | 0.74 USD | 0 USD |
| 2015 | 0.8 USD | 0 USD |
| 2016 | 0.88 USD | 0 USD |
| 2017 | 0.97 USD | 0 USD |
| 2018 | 1.06 USD | 0 USD |
| 2019 | 1.16 USD | 0 USD |
| 2020 | 1.23 USD | 0 USD |
| 2021 | 1.31 USD | 0 USD |
| 2022 | 1.39 USD | 0 USD |
| 2023 | 1.47 USD | 0 USD |
| 2024e | 0 USD | 1.51 USD |
| 2025e | 0 USD | 1.51 USD |
| 2026e | 0 USD | 1.51 USD |
| 2027e | 0 USD | 1.51 USD |
| 2028e | 0 USD | 1.51 USD |
Is the TXNM Energy Dividend Safe?
TXNM Energy has been increasing the dividend for 12 years.
Over the past 10 years, TXNM Energy has increased it by an annual 8.671 %.
Over a five-year period, the distribution increased by 6.758%.
Analysts expect a Dividend Increase of 1.4% for the current fiscal year.
TXNM Energy dividend payout ratio US69349H1077 · 529983
In 2023, TXNM Energy had a payout ratio of 61.82%. The payout ratio indicates the percentage of the company's profits that TXNM Energy distributes as dividends.
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Payout ratio
ⓘWhat is Yearly Payout Ratio?
The yearly payout ratio for TXNM Energy represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.
How to Interpret the Data
A lower payout ratio for TXNM Energy could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.
Using the Data for Investments
Evaluate TXNM Energy's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.
TXNM Energy Payout Ratio History
| Date | TXNM Energy Payout ratio |
|---|---|
| 2028e | 64.27 % |
| 2027e | 64.04 % |
| 2026e | 63.49 % |
| 2025e | 65.28 % |
| 2024e | 63.36 % |
| 2023 | 61.82 % |
| 2022 | 70.65 % |
| 2021 | 57.6 % |
| 2020 | 57.21 % |
| 2019 | 119.59 % |
| 2018 | 100 % |
| 2017 | 97.98 % |
| 2016 | 60.27 % |
| 2015 | 400 % |
| 2014 | 51.03 % |
| 2013 | 51.2 % |
| 2012 | 42.75 % |
| 2011 | 25.51 % |
| 2010 | -102.04 % |
| 2009 | 37.04 % |
| 2008 | -21.91 % |
| 2007 | 94.79 % |
| 2006 | 50.29 % |
| 2005 | 78.57 % |
| 2004 | 44.92 % |
| Payout ratio | |
|---|---|
| 2004 | 44.92 % |
| 2005 | 78.57 % |
| 2006 | 50.29 % |
| 2007 | 94.79 % |
| 2008 | -21.91 % |
| 2009 | 37.04 % |
| 2010 | -102.04 % |
| 2011 | 25.51 % |
| 2012 | 42.75 % |
| 2013 | 51.2 % |
| 2014 | 51.03 % |
| 2015 | 400 % |
| 2016 | 60.27 % |
| 2017 | 97.98 % |
| 2018 | 100 % |
| 2019 | 119.59 % |
| 2020 | 57.21 % |
| 2021 | 57.6 % |
| 2022 | 70.65 % |
| 2023 | 61.82 % |
| 2024e | 63.36 % |
| 2025e | 65.28 % |
| 2026e | 63.49 % |
| 2027e | 64.04 % |
| 2028e | 64.27 % |
Dividend Details
Understanding TXNM Energy's Dividend Distributions
TXNM Energy’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.
Year-to-Year Comparison
Examining TXNM Energy's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.
Impact on Investments
TXNM Energy's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.
Interpreting Dividend Fluctuations
Changes in TXNM Energy’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.
TXNM Energy Aktienanalyse
What does TXNM Energy do?
PNM Resources is a public energy supply company headquartered in Albuquerque, New Mexico. The company was founded in 1917 and has since had a long history and experience in the power supply sector. The business model of PNM Resources is to supply customers with electricity and gas. The company operates five power plants, including solar, wind, and hydropower, and also offers other services in the energy efficiency sector. The various divisions of PNM Resources include PNM, TNMP, and unregulated. PNM is the main supplier of electricity and gas in New Mexico and operates the power grid in various areas of New Mexico. TNMP is a power provider that operates the power grid in Texas (mainly in the northern region). The unregulated division of PNM Resources is responsible for the development of energy projects and participation in joint ventures. PNM Resources offers its customers a variety of products and services. These include electricity and gas products for residential and business customers, energy efficiency programs tailored to the needs of communities and businesses, and comprehensive support for the construction of renewable energy projects. In addition, the company offers various tariff plans that meet the needs of customers and enable them to save money and choose sustainable energy options. The main focus of PNM Resources is to create a reliable and affordable energy supply that meets the needs of customers while minimizing environmental impact. In 2019, the company announced plans to invest in renewable energy by 2022 to be 100% carbon-free by 2040. PNM Resources also works closely with local communities and organizations to promote energy projects that bring economic and environmentally friendly benefits. Overall, PNM Resources offers a wide range of products and services tailored to the needs of its customers. With a focus on renewable energy and sustainability, the company is committed to providing its customers with a reliable, environmentally friendly, and affordable energy supply. TXNM Energy is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Frequently Asked Questions about TXNM Energy stock
What is the dividend yield of TXNM Energy?
The current dividend yield of TXNM Energy is 3.48 %.
When does TXNM Energy pay dividends?
TXNM Energy pays a quarterly dividend. This is distributed in the months of March, May, August, November.
How secure is the dividend of TXNM Energy?
TXNM Energy paid dividends every year for the past 25 years.
What is the dividend of TXNM Energy?
For the upcoming 12 months, dividends amounting to 1.51 USD are expected. This corresponds to a dividend yield of 3.57 %.
In which sector is TXNM Energy located?
TXNM Energy is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von TXNM Energy kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of TXNM Energy from 11/8/2024 amounting to 0.388 USD, you needed to have the stock in your portfolio before the ex-date on 10/28/2024.
When did TXNM Energy pay the last dividend?
The last dividend was paid out on 11/8/2024.
What was the dividend of TXNM Energy in the year 2023?
In the year 2023, TXNM Energy distributed 1.39 USD as dividends.
In which currency does TXNM Energy pay out the dividend?
The dividends of TXNM Energy are distributed in USD.
Andere Kennzahlen von TXNM Energy
Our stock analysis for TXNM Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TXNM Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.