
PNM Resources (PNM) Dividend Yield
Price: $41.77
Market Cap: $3.77B
Avg Volume: 693.90K
Market Cap: $3.77B
Avg Volume: 693.90K
Country: US
Industry: Regulated Electric
Sector: Utilities
Industry: Regulated Electric
Sector: Utilities
Dividend Yield and Payout Ratio Summary (Annual)
According to PNM Resources's latest annual financial reports, the company has a dividend yield of 3.15%. This metric indicates the percentage of the company's share price that is paid out as dividends annually.
The company also has a dividend payout ratio of 57.83%. This ratio represents the proportion of earnings paid out as dividends to shareholders, reflecting the company's dividend policy and sustainability.
Dividend Yield
3.15%
Dividend Payout Ratio
57.83%
PNM Resources Historical Dividend Yield
Dividend Yield History
The table below shows the dividend yield for each year, with the latest data available for the last fiscal year 2024.
Year | Dividend Yield | Change |
---|---|---|
2024 | 3.15% | -16.37% |
2023 | 3.76% | 31.94% |
2022 | 2.85% | -1.10% |
2021 | 2.88% | 13.89% |
2020 | 2.53% | N/A |
2019 | 0.00% | N/A |
Related Metrics
Explore detailed financial metrics and analysis for PNM.