TXNM Dividend History & Analysis | 2.9% Yield

TXNM has a dividend yield of 2.9% and paid 1.65 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.93%
Payout Ratio 93.1%
Growth Rate CAGR 5y 5.61%
Consistency Lifetime 61.9%
Yield on Cost 5y 3.94%
Payout FCF -
Streak Years 30
Dividend Rating 58.08%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 22.3%
Total Return 5y: 41.3%

Top Dividend Payers in Electric Utilities

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
CIG 6,806 M 15.5% 39.2%
ENGI 62,794 M 8.49% 16.5%
DTW 3,961 M 5.95% 8.27%
ENIC 6,004 M 5.68% 8.67%
EIX 23,660 M 6.22% 7.37%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
PCG 33,892 M 254% 75.3%
CEG 89,507 M 40.1% 100%
ENGI 62,794 M 29.3% 81.8%
XEL 44,993 M 11.5% 97.9%
NEE 185,790 M 10.1% 80.1%

Quality Dividend Peers in Electric Utilities

ENGI
Engie S.A.
 8.49% Yield
EOAN
E.ON SE
 3.72% Yield

TXNM Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-01-30 2026-01-30 2026-02-13 Quarterly 0.4225 3.6% 0.72%
2025-10-24 2025-10-24 2025-11-14 Quarterly 0.408 0% 0.72%
2025-08-08 2025-08-08 2025-08-22 Quarterly 0.408 0% 0.72%
2025-04-25 2025-04-25 2025-05-16 Quarterly 0.408 0% 0.77%
2025-01-31 2025-01-31 2025-02-14 Quarterly 0.408 5.2% 0.85%
2024-10-28 2024-10-28 2024-11-08 Quarterly 0.388 0% 0.88%
2024-07-26 2024-07-26 2024-08-09 Quarterly 0.388 0% 0.95%
2024-04-25 2024-04-26 2024-05-10 Quarterly 0.388 0% 1.07%
2024-02-01 2024-02-02 2024-02-16 Quarterly 0.388 5.4% 1.08%
2023-10-26 2023-10-27 2023-11-10 Quarterly 0.368 0% 0.84%
2023-08-10 2023-08-11 2023-08-25 Quarterly 0.368 0% 0.83%
2023-04-27 2023-04-28 2023-05-12 Quarterly 0.368 0% 0.76%
2023-02-02 2023-02-03 2023-02-17 Quarterly 0.368 5.7% 0.75%
2022-10-26 2022-10-27 2022-11-10 Quarterly 0.348 0% 0.75%
2022-08-16 2022-08-17 2022-08-31 Quarterly 0.348 0% 0.72%
2022-04-28 2022-04-29 2022-05-13 Quarterly 0.348 0% 0.73%
2022-02-11 2022-02-14 2022-02-24 Quarterly 0.348 6.1% 0.77%
2021-10-29 2021-11-01 2021-11-12 Quarterly 0.328 0% 0.66%
2021-08-05 2021-08-06 2021-08-13 Quarterly 0.328 0% 0.69%
2021-04-29 2021-04-30 2021-05-14 Quarterly 0.328 0% 0.66%
2021-02-02 2021-02-03 2021-02-16 Quarterly 0.328 6.5% N/A
2020-10-30 2020-11-02 2020-11-13 Quarterly 0.308 0% N/A
2020-08-06 2020-08-07 2020-08-14 Quarterly 0.308 0% N/A
2020-04-30 2020-05-01 2020-05-15 Quarterly 0.308 0% N/A
2020-01-31 2020-02-03 2020-02-14 Quarterly 0.308 6.2% N/A
2019-10-31 2019-11-01 2019-11-15 Quarterly 0.29 0% N/A
2019-08-05 2019-08-06 2019-08-16 Quarterly 0.29 0% N/A
2019-05-01 2019-05-02 2019-05-16 Quarterly 0.29 0% N/A
2019-01-31 2019-02-01 2019-02-15 Quarterly 0.29 9.4% N/A
2018-11-01 2018-11-02 2018-11-16 Quarterly 0.265 0% N/A
2018-08-03 2018-08-06 2018-08-17 Quarterly 0.265 0% N/A
2018-05-01 2018-05-02 2018-05-16 Quarterly 0.265 0% N/A
2018-01-17 2018-01-18 2018-02-01 Quarterly 0.265 9.1% N/A
2017-10-27 2017-10-30 2017-11-14 Quarterly 0.243 0% N/A
2017-08-03 2017-08-07 2017-08-14 Quarterly 0.243 0% N/A
2017-04-27 2017-05-01 2017-05-15 Quarterly 0.243 0% N/A
2017-01-19 2017-01-23 2017-02-13 Quarterly 0.243 10.5% N/A
2016-10-27 2016-10-31 2016-11-14 Quarterly 0.22 0% N/A
2016-08-04 2016-08-08 2016-08-22 Quarterly 0.22 0% N/A
2016-04-06 2016-04-08 2016-05-13 Quarterly 0.22 0% N/A
2016-01-21 2016-01-25 2016-02-12 Quarterly 0.22 10% N/A
2015-10-29 2015-11-02 2015-11-13 Quarterly 0.2 0% N/A
2015-07-30 2015-08-03 2015-08-14 Quarterly 0.2 0% N/A
2015-04-08 2015-04-10 2015-05-15 Quarterly 0.2 0% N/A
2015-01-26 2015-01-28 2015-02-13 Quarterly 0.2 8.1% N/A
2014-10-29 2014-10-31 2014-11-14 Quarterly 0.185 0% N/A
2014-07-30 2014-08-01 2014-08-15 Quarterly 0.185 0% N/A
2014-04-15 2014-04-18 2014-05-15 Quarterly 0.185 0% N/A
2014-01-21 2014-01-23 2014-02-14 Quarterly 0.185 12.1% N/A
2013-11-04 2013-11-06 2013-11-15 Quarterly 0.165 0% N/A

TXNM Dividend FAQ

TXNM Energy, Inc. (NYSE:TXNM) is the rebranded successor to PNM Resources, Inc., changing its name in August 2024. Headquartered in Albuquerque, New Mexico, the company operates regulated electricity generation, transmission, and distribution assets serving residential, commercial, and industrial customers across New Mexico and Texas.

What is the Dividend Yield of TXNM?

As of February 2026, TXNM`s dividend yield is 2.93%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.65 USD by the current share price of 58.99.

Does TXNM pay a dividend?

As of February 2026, TXNM paid a dividend of 1.65 USD in the last 12 months. The last dividend was paid on 2026-01-30 and the payout was 0.4225 USD.

How often does TXNM pay dividends?

TXNM pays dividends quarterly. Over the last 12 months, TXNM has issued 4 dividend payments. The last dividend payment was made on 2026-01-30.

TXNM dividend forecast

Based on historical data, the forecasted dividends per share for TXNM for the next 4 payments are between 0.395 (-6.5%) and 0.416 (-1.5%).
This suggests the dividend will remain relatively stable.

Will TXNM pay dividends in 2026?

The latest dividend paid per share was 0.4225 USD with an Ex-Dividend Date of 2026-01-30. The next Ex-Dividend date for TXNM Energy (TXNM) is currently unknown.

What is the next Ex-Dividend Date for TXNM?

The next Ex-Dividend date for TXNM Energy (TXNM) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of TXNM?

TXNM's average dividend growth rate over the past 5 years is 5.61% per year.
Strong growth: TXNM's Dividend growth is outpacing inflation.

What is the Yield on Cost of TXNM?

TXNM's 5-Year Yield on Cost is 3.94%. If you bought TXNM's shares at 41.74 USD five years ago, your current annual dividend income (1.65 USD per share, trailing 12 months) equals 3.94% of your original purchase price.

What is the Payout Consistency of TXNM?

TXNM Payout Consistency is 61.9%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Unstable: TXNM Energy has an inconsistent track record of dividend payments over its lifetime.

Does TXNM have a good Dividend Yield?

TXNM`s 2.93% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of TXNM?

The Dividend Payout Ratio of TXNM is 93.1%. Very high - REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Otherwise, proceed with caution.

What is the Dividend Rating of TXNM?

TXNM`s Overall Dividend Rating is 58.08%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

TXNM Outstanding Shares Analysis

What is the Trend in TXNM's Outstanding Shares?

TXNM Energy's outstanding shares have increased by approximately 2.64% annually over the past 3 years (Trend Reliability: 100.0%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has TXNM ever had a Stock Split?

Yes, the last stock split was on Jun 14, 2004 with a ratio of 3:2.

This was a forward split: Each share became 1.5 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
2011 90,000,000
2012 80,000,000 -11.11%
2013 80,000,000
2014 80,000,000
2015 80,000,000
2016 80,000,000
2017 80,000,000
2018 80,000,000
2019 80,000,000
2020 80,000,000
2021 86,000,000 +7.5%
2022 85,834,900 -0.19%
2023 88,441,500 +3.04%
2024 90,200,000 +1.99%
2025 93,179,000 +3.3%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-01-31 02:37