Public Service Company of New Mexico Declares Preferred Dividend

Impact · against what's priced in

TXNM's declaration of regular quarterly dividends for preferred and common stock is a routine maintenance event. This provides no new catalyst for the stock price as it simply confirms the continuation of established dividend policies.

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In context

The company declared a regular quarterly dividend of $1.145 per share on its preferred stock and $0.4225 per share on common stock, maintaining expected payouts.

Read from the article alone

• earnings
• dividends
• energy
• TXNM
• preferred stock
• utilities

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