|Bid||0.00 x 1200|
|Ask||0.00 x 800|
|Day's Range||45.73 - 46.30|
|52 Week Range||43.43 - 50.11|
|Beta (5Y Monthly)||0.41|
|PE Ratio (TTM)||25.41|
|Earnings Date||Oct 26, 2022 - Oct 31, 2022|
|Forward Dividend & Yield||1.39 (3.04%)|
|Ex-Dividend Date||Oct 26, 2022|
|1y Target Est||50.37|
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After nearly half a century of reliable service and more than five years of planning towards its closure, the last unit of the coal-fired San Juan Generating Station has been removed from service, as Public Service Company of New Mexico (PNM), wholly-owned subsidiary of PNM Resources, Inc. (NYSE: PNM), achieves significant progress towards its ESG goals for reducing carbon emissions from its generation portfolio.
PNM Resources (PNM) is poised for growth with consistent investments, strong liquidity and initiatives for lowering emissions. However, a delay in merger and regulations are headwinds.
At its regular meeting held today, the Board of Directors of PNM Resources (NYSE: PNM) declared the regular quarterly dividend of $0.3475 per share on the company's common stock. The dividend is payable November 10, 2022, to shareholders of record at the close of business October 27, 2022.