{"id":501535,"date":"2021-06-07T16:35:36","date_gmt":"2021-06-07T20:35:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/pnm-declares-preferred-dividend-2\/"},"modified":"2021-06-07T16:35:36","modified_gmt":"2021-06-07T20:35:36","slug":"pnm-declares-preferred-dividend-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pnm-declares-preferred-dividend-2\/","title":{"rendered":"PNM Declares Preferred Dividend"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">ALBUQUERQUE, N.M.<\/span>, <span class=\"xn-chron\">June 7, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0The Board of Directors of PNM, a subsidiary of PNM Resources (NYSE: PNM), declared the regular quarterly dividend of <span class=\"xn-money\">$1.145<\/span> per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable <span class=\"xn-chron\">July 15, 2021<\/span> to shareholders of record at the close of business <span class=\"xn-chron\">July 1, 2021<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/284109\/pnm_resources_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/284109\/pnm_resources_Logo.jpg\" title=\"PNM Resources (PRNewsFoto\/PNM Resources, Inc.) (PRNewsfoto\/PNM Resources, Inc.)\" alt=\"PNM Resources (PRNewsFoto\/PNM Resources, Inc.) (PRNewsfoto\/PNM Resources, Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>Background:<br \/><\/b>PNM Resources (NYSE: PNM) is an energy holding company based in <span class=\"xn-location\">Albuquerque, N.M.<\/span>, with 2020 consolidated operating revenues of <span class=\"xn-money\">$1.5 billion<\/span>. Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity to approximately 800,000 homes and businesses in <span class=\"xn-location\">New Mexico<\/span> and <span class=\"xn-location\">Texas<\/span>. PNM serves its customers with a diverse mix of generation and purchased power resources totaling 2.8 gigawatts of capacity, with a goal to achieve 100% emissions-free energy by 2040. For more information, visit the company&#8217;s website at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3188502-1&amp;h=2804361994&amp;u=http%3A%2F%2Fwww.pnmresources.com%2F&amp;a=www.PNMResources.com\" rel=\"nofollow noopener\">www.PNMResources.com<\/a>.<\/p>\n<p>\u00a0<\/p>\n<div>\n<table id=\"convertedTable3641\" cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>CONTACTS:<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>\u00a0\u00a0\u00a0\u00a0\u00a0Analysts\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Media<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u00a0\u00a0\u00a0\u00a0\u00a0Lisa Goodman\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Ray Sandoval<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u00a0\u00a0\u00a0\u00a0\u00a0(505) 241-2160\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(505) 241-2782<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LA03076&amp;sd=2021-06-07\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/pnm-declares-preferred-dividend-301307151.html\">http:\/\/www.prnewswire.com\/news-releases\/pnm-declares-preferred-dividend-301307151.html<\/a><\/p>\n<p>SOURCE  PNM Resources, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LA03076&amp;Transmission_Id=202106071630PR_NEWS_USPR_____LA03076&amp;DateId=20210607\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire ALBUQUERQUE, N.M., June 7, 2021 \/PRNewswire\/ &#8212;\u00a0The Board of Directors of PNM, a subsidiary of PNM Resources (NYSE: 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 July 15, 2021 to shareholders of record at the close of business July 1, 2021. Background:PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2020 consolidated operating revenues of $1.5 billion. Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity to approximately 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 2.8 gigawatts &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pnm-declares-preferred-dividend-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;PNM Declares Preferred Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-501535","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PNM Declares Preferred Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pnm-declares-preferred-dividend-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PNM Declares Preferred Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire ALBUQUERQUE, N.M., June 7, 2021 \/PRNewswire\/ &#8212;\u00a0The Board of Directors of PNM, a subsidiary of PNM Resources (NYSE: 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 July 15, 2021 to shareholders of record at the close of business July 1, 2021. Background:PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2020 consolidated operating revenues of $1.5 billion. Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity to approximately 800,000 homes and businesses in New Mexico and Texas. 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