Le Lézard
Classified in: Oil industry, Business
Subject: DIV

PNM Declares Preferred Dividend


ALBUQUERQUE, N.M., Dec. 7, 2017 /PRNewswire/ -- The Board of Directors of PNM, a subsidiary of PNM Resources (NYSE: PNM), has 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 January 15, 2018, to shareholders of record at the close of business January 2, 2018.

PNM Resources (PRNewsFoto/PNM Resources, Inc.) (PRNewsfoto/PNM Resources, Inc.)

Background:
PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2016 consolidated operating revenues of $1.4 billion. Through its regulated utilities, PNM and TNMP, PNM Resources has approximately 2,791 megawatts of generation capacity and provides electricity to more than 767,000 homes and businesses in New Mexico and Texas. For more information, visit the company's website at www.PNMResources.com.

CONTACTS:


Analysts

Media


Jimmie Blotter 

Pahl Shipley


(505) 241-2227

(505) 241-2782

 

SOURCE PNM Resources, Inc.


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News published on 7 december 2017 at 16:30 and distributed by: