PNM Resources, Inc. (Holding Co.) (PNM) Dividends
Dividend Yield and Dividend History Highlights
- As for free cash flow, PNM has greater average cash flow over the past 5.5 years than 6.57% US-listed dividend payers.
- If price volatilty is something you're paying attention to when building your dividend portfolio, know that PNM has less fluctuation in its price than 99.9% of stocks we're observing.
- Currently, PNM generates more cash flow over the 12 months prior than 6.41% of US dividend stocks.
- As for stocks whose price is uncorrelated with PNM's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: INFY, STON, EVOL, SAIC and PBI.
PNM Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $41.77 | $1547.62 | 3242.59% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of PNM, the DDM model generated by StockNews estimates a return of positive 3242.59% in comparison to its current price. To help understand and contextualize the model's evaluation of PNM, investors may wish to consider are:
- Compared to other dividend issuers in the mid-sized market cap category, PNM's beta -- a measure of volatility relative to the market at large -- is lower than merely 100% of them.
- PNM's market cap of approximately $4 billion makes it a mid-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than 98.19% of them.
PNM Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-07-26 | Dividend | $0.39 | -- |
| 2024-04-25 | Dividend | $0.39 | -- |
| 2024-02-01 | Dividend | $0.39 | +5.16% |
| 2023-10-26 | Dividend | $0.37 | -- |
| 2023-08-10 | Dividend | $0.37 | -- |
| 2023-04-27 | Dividend | $0.37 | -- |
| 2023-02-02 | Dividend | $0.37 | +6.05% |
| 2022-10-26 | Dividend | $0.35 | -- |
| 2022-08-16 | Dividend | $0.35 | -- |
| 2022-04-28 | Dividend | $0.35 | -- |
| 2022-02-11 | Dividend | $0.35 | +6.12% |
| 2021-10-29 | Dividend | $0.33 | -- |
| 2021-08-05 | Dividend | $0.33 | -- |
| 2021-04-29 | Dividend | $0.33 | -- |
| 2021-02-02 | Dividend | $0.33 | +6.17% |
| 2020-10-30 | Dividend | $0.31 | -- |
| 2020-08-06 | Dividend | $0.31 | -- |
| 2020-04-30 | Dividend | $0.31 | -- |
| 2020-01-31 | Dividend | $0.31 | +6.21% |
| 2019-10-31 | Dividend | $0.29 | -- |
| 2019-08-05 | Dividend | $0.29 | -- |
| 2019-05-01 | Dividend | $0.29 | -- |
| 2019-01-31 | Dividend | $0.29 | +9.43% |
| 2018-11-01 | Dividend | $0.27 | -- |
| 2018-08-03 | Dividend | $0.27 | -- |
| 2018-05-01 | Dividend | $0.27 | -- |
| 2018-01-17 | Dividend | $0.27 | +9.05% |
| 2017-10-27 | Dividend | $0.24 | -- |
| 2017-08-03 | Dividend | $0.24 | -- |
| 2017-04-27 | Dividend | $0.24 | -- |
| 2017-01-19 | Dividend | $0.24 | +10.45% |
| 2016-10-27 | Dividend | $0.22 | -- |
| 2016-08-04 | Dividend | $0.22 | -- |
| 2016-04-06 | Dividend | $0.22 | -- |
| 2016-01-21 | Dividend | $0.22 | +10.00% |
| 2015-10-29 | Dividend | $0.20 | -- |
| 2015-07-30 | Dividend | $0.20 | -- |
| 2015-04-08 | Dividend | $0.20 | -- |
| 2015-01-26 | Dividend | $0.20 | +8.11% |
| 2014-10-29 | Dividend | $0.19 | -- |
| 2014-07-30 | Dividend | $0.19 | -- |
| 2014-04-15 | Dividend | $0.19 | -- |
| 2014-01-21 | Dividend | $0.19 | +12.12% |
| 2013-11-04 | Dividend | $0.17 | -- |
| 2013-07-31 | Dividend | $0.17 | -- |
| 2013-04-17 | Dividend | $0.17 | +13.79% |
| 2013-01-17 | Dividend | $0.15 | -- |
| 2012-10-31 | Dividend | $0.15 | -- |
| 2012-07-30 | Dividend | $0.15 | -- |
| 2012-03-30 | Dividend | $0.15 | +16.00% |
| 2012-01-23 | Dividend | $0.13 | -- |
| 2011-10-28 | Dividend | $0.13 | -- |
| 2011-07-28 | Dividend | $0.13 | -- |
| 2011-04-01 | Dividend | $0.13 | -- |
| 2011-01-24 | Dividend | $0.13 | -- |
| 2010-10-27 | Dividend | $0.13 | -- |
| 2010-07-29 | Dividend | $0.13 | -- |
| 2010-03-31 | Dividend | $0.13 | -- |
| 2010-01-25 | Dividend | $0.13 | -- |
| 2009-11-02 | Dividend | $0.13 | -- |
| 2009-07-29 | Dividend | $0.13 | -- |
| 2009-04-06 | Dividend | $0.13 | -- |
| 2009-01-21 | Dividend | $0.13 | -- |
| 2008-10-29 | Dividend | $0.13 | -- |
| 2008-08-19 | Dividend | $0.13 | -45.65% |
| 2008-04-07 | Dividend | $0.23 | -- |
| 2008-01-30 | Dividend | $0.23 | -- |
| 2007-10-30 | Dividend | $0.23 | -- |
| 2007-07-30 | Dividend | $0.23 | -- |
| 2007-04-27 | Dividend | $0.23 | +4.55% |
| 2007-01-30 | Dividend | $0.22 | -- |
| 2006-10-30 | Dividend | $0.22 | -- |
| 2006-07-28 | Dividend | $0.22 | -- |
| 2006-04-27 | Dividend | $0.22 | +10.00% |
| 2006-01-30 | Dividend | $0.20 | -- |
| 2005-10-28 | Dividend | $0.20 | -- |
| 2005-07-28 | Dividend | $0.20 | +8.11% |
| 2005-04-28 | Dividend | $0.19 | -- |
| 2005-01-28 | Dividend | $0.19 | +15.63% |
| 2004-10-28 | Dividend | $0.16 | -- |
| 2004-07-29 | Dividend | $0.16 | +100.00% |
| 2004-06-14 | Split | 3-2-for-1 Stock Split | N/A |
| 2004-04-29 | Dividend | $0.24 | +4.35% |
| 2004-01-29 | Dividend | $0.23 | -- |
| 2003-10-30 | Dividend | $0.23 | -- |
| 2003-07-30 | Dividend | $0.23 | -- |
| 2003-04-30 | Dividend | $0.23 | +4.55% |
| 2003-01-30 | Dividend | $0.22 | -- |
| 2002-10-31 | Dividend | $0.22 | -- |
| 2002-07-31 | Dividend | $0.22 | -- |
| 2002-04-30 | Dividend | $0.22 | +10.00% |
| 2002-01-31 | Dividend | $0.20 | -- |
| 2001-10-31 | Dividend | $0.20 | -- |
| 2001-07-31 | Dividend | $0.20 | -- |
| 2001-04-30 | Dividend | $0.20 | -- |
| 2001-01-31 | Dividend | $0.20 | -- |
| 2000-10-31 | Dividend | $0.20 | -- |
| 2000-07-31 | Dividend | $0.20 | -- |
| 2000-04-28 | Dividend | $0.20 | -- |
| 2000-01-28 | Dividend | $0.20 | -- |
| 1999-10-28 | Dividend | $0.20 | -- |
| 1999-07-29 | Dividend | $0.20 | -- |
| 1999-04-29 | Dividend | $0.20 | +76.48% |
| 1999-01-28 | Dividend | $0.11 | -- |
| 1998-10-29 | Dividend | $0.11 | -15.00% |
| 1998-07-30 | Dividend | $0.13 | -- |
| 1998-04-29 | Dividend | $0.13 | +17.65% |
| 1998-01-29 | Dividend | $0.11 | -- |
| 1997-10-30 | Dividend | $0.11 | -- |
| 1997-07-30 | Dividend | $0.11 | -- |
| 1997-05-08 | Dividend | $0.11 | +41.66% |
| 1997-01-30 | Dividend | $0.08 | -- |
| 1996-10-30 | Dividend | $0.08 | -- |
| 1996-07-30 | Dividend | $0.08 | -68.42% |
| 1989-01-30 | Dividend | $0.25 | -- |
| 1988-10-31 | Dividend | $0.25 | -- |
| 1988-08-01 | Dividend | $0.25 | -- |
| 1988-05-02 | Dividend | $0.25 | -47.95% |
| 1988-02-01 | Dividend | $0.49 | -- |
PNM Dividends vs. Peers
PNM's dividend yield currently ranks #13 of 83 vs. its peers in the Utilities - Domestic category.
Looking for More Information on PNM dividends?
Want to do more research on Pnm Resources Inc's dividends? Try the links below:Pnm Resources Inc Common Stock (PNM) Dividend History | Nasdaq
Dividend History for Pnm Resources Inc (PNM) - Dividend Investor
Pnm Resources Inc (PNM) Dividend History - Seeking Alpha