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Total return, dividends included.
At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE: TXNM) declared the regular quarterly dividend of $0.4225 per share on the company's common stock. The dividend is payable November 13, 2026, to shareholders of record at the close of business October 23, 2026.
The latest Federal Reserve interest rate increase has raised funding costs for capital intensive power projects, putting TXNM Energy (TXNM) under a fresh spotlight as it pursues its Texas and New Mexico grid investment plan. Recent trading has been steady rather than dramatic, with TXNM Energy’s share price edging higher over the past month while easing slightly in the latest session. A 1-year total shareholder return of 6.33% sits on top of a 44.31% three-year total shareholder return, which...
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When the world’s largest private equity firm announced last year it had plans to acquire Public Service Company of New Mexico, some people began pondering an alternative: What if the state purchased PNM instead? Lately, the question has turned into a less ambitious one: Could the state just make an investment? With the public furor around a Blackstone takeover of PNM parent company TXNM Energy ...
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