PNM Resources Board Declares Quarterly Common Stock Dividend

Business Wirevia The Motley Fool
Updated

PNM Resources Board Declares Quarterly Common Stock Dividend

ALBUQUERQUE, N.M.--(BUSINESS WIRE)-- At its regular meeting held today, the Board of Directors of PNM Resources (NYS: PNM) declared the regular quarterly dividend of $0.165 per share on the company's common stock. The dividend is payable November 15, 2013, to shareholders of record at the close of business November 6, 2013.

Background:


PNM Resources (NYS: PNM) is an energy holding company based in Albuquerque, N.M., with 2012 consolidated operating revenues of $1.3 billion. Through its regulated utilities, PNM and TNMP, PNM Resources has approximately 2,538 megawatts of generation capacity and serves electricity to more than 738,000 homes and businesses in New Mexico and Texas. For more information, visit the company's Web site at www.PNMResources.com.



PNM Resources
Analysts
Jimmie Blotter, 505-241-2227
Media
Pahl Shipley, 505-241-2782

KEYWORDS: United States North America New Mexico Texas

INDUSTRY KEYWORDS:

The article PNM Resources Board Declares Quarterly Common Stock Dividend originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Advertisement