PNM Resources, Inc. (Holding Co.) (PNM) Dividends

PNM Resources, Inc. (Holding Co.) (PNM): $49.60

0.03 (+0.06%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Dividend Yield and Dividend History Highlights

  • PNM's average cash flow over the past 5.51 years is greater than 6.66% of current dividend paying stocks in the US.
  • The stock's free cash flow/dividend ratio, potentially useful for understanding its ability to make dividend payments, comes in at 1.96 -- higher than 88.93% of other dividend issuers in the US.
  • PNM is producing more trailing twelve month cash flow than 7.89% 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: CHE, GTY, LINC, HMG and BJ.
PNM Ex-Dividend Date
PNM Dividend Yield
2.64%
PNM Annual Dividend
$1.31
PNM Payout Ratio

PNM Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$49.60$27.01 -44.41%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of PNM, the dividend discount model StockNews created for the company implies a negative return of 44.41%. To help understand and contextualize the model's evaluation of PNM, investors may wish to consider are:

  • If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Utilities sector, Pnm Resources Inc's expected return of -44.41% is higher than merely 16.9% of its fellow sector mates.
  • Compared to all dividend issuing stocks in our set, PNM has a discount rate lower than merely 16.9% of them (a lower discount rate is associated with lower risk).
  • Beta, a measure of volatility relative to the stock market overall, is lower for PNM than it is for merely 12.68% of other equities in the Utilities sector that also issue dividends.
  • In comparison to its fellow dividend issuing stocks in the Utilities sector, Pnm Resources Inc has an equity discount rate lower than merely 14.08% of them.

PNM Dividend Chart


PNM Dividend History

Ex-Dividend Date Type Payout Amount Change
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PNM Dividends vs. Peers

PNM's dividend yield currently ranks #54 of 72 vs. its peers in the Utilities - Domestic category.
Rank Symbol Name Dividend Yield
1 CAFD 8point3 Energy Partners LP - Shares 9.02%
2 OKE ONEOK, Inc. 7.22%
3 SPKE Spark Energy, Inc. - 7.22%
4 PEGI Pattern Energy Group Inc. - 6.32%
5 PPL PPL Corporation 5.75%
6 SJI South Jersey Industries, Inc. 4.95%
7 OGE OGE Energy Corp 4.80%
8 AY Atlantica Yield plc - Ordinary Shares 4.62%
9 CWEN Clearway Energy, Inc. Class C 4.55%
10 FE FirstEnergy Corp. 4.36%
11 EIX Edison International 4.34%
12 TERP TerraForm Power, Inc. - New 4.19%
13 ED Consolidated Edison, Inc. 3.96%
14 PNW Pinnacle West Capital Corporation 3.94%
15 SO Southern Company (The) 3.94%
16 DUK Duke Energy Corporation (Holding Company) 3.85%
17 NWE NorthWestern Corporation 3.58%
18 ETR Entergy Corporation 3.57%
19 ALE Allete, Inc. 3.55%
20 AVA Avista Corporation 3.55%
21 NWN Northwest Natural Holding Company 3.49%
22 NI NiSource Inc 3.42%
23 NRG NRG Energy, Inc. 3.39%
24 EVRG Evergy, Inc. 3.38%
25 SR Spire Inc. 3.37%
26 VST Vistra Energy Corp. 3.36%
27 EXC Exelon Corporation 3.36%
28 AGR Avangrid, Inc. 3.34%
29 GXP Great Plains Energy Incorporated 3.34%
30 AEP American Electric Power Company, Inc. 3.34%
31 OTTR Otter Tail Corporation 3.30%
32 POR Portland General Electric Co 3.22%
33 BKH Black Hills Corporation 3.21%
34 PEG Public Service Enterprise Group Incorporated 3.21%
35 D Dominion Energy, Inc. 3.20%
36 SRE Sempra Energy 3.18%
37 SWX Southwest Gas Holdings, Inc. 3.17%
38 NJR NewJersey Resources Corporation 3.16%
39 HE Hawaiian Electric Industries, Inc. 3.15%
40 DTE DTE Energy Company 3.11%
41 UTL UNITIL Corporation 3.03%
42 UGI UGI Corporation 3.01%
43 WR Westar Energy, Inc. 2.90%
44 OGS ONE Gas, Inc. 2.88%
45 LNT Alliant Energy Corporation 2.87%
46 WEC WEC Energy Group, Inc. 2.80%
47 IDA IDACORP, Inc. 2.79%
48 BIPC Brookfield Infrastructure Corp. Cl A 2.76%
49 BEPC Brookfield Renewable Corporation 2.75%
50 CMS CMS Energy Corporation 2.71%
51 ES Eversource Energy (D/B/A) 2.70%
52 CNP CenterPoint Energy, Inc (Holding Co) 2.69%
53 VVC Vectren Corporation 2.65%
54 PNM PNM Resources, Inc. (Holding Co.) 2.64%
55 AEE Ameren Corporation 2.63%
56 XEL Xcel Energy Inc. 2.60%
57 ATO Atmos Energy Corporation 2.45%
58 EE El Paso Electric Company 2.40%
59 WGL WGL Holdings Inc 2.32%
60 EGAS Gas Natural Inc. (OH) 2.29%
61 AES AES Corp. 2.12%
62 MGEE MGE Energy Inc. 2.01%
63 NEE NextEra Energy, Inc. 1.93%
64 CPK Chesapeake Utilities Corporation 1.47%
65 SCG SCANA Corporation 1.01%
66 HTM U.S. Geothermal Inc. 0.00%
67 CPN Calpine Corporation 0.00%
68 AT Atlantic Power Corporation Ordinary Shares (Canada) 0.00%
69 RGCO RGC Resources Inc. 0.00%
70 GLBL TerraForm Global, Inc. - 0.00%
71 PCG Pacific Gas & Electric Co. 0.00%
72 FNEC First National Energy Corp. 0.00%

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


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