PNM Resources (Holding) - 31 Year Dividend History | PNM
Historical dividend payout and yield for PNM Resources (Holding) (PNM) since 1989. The current TTM dividend payout for PNM Resources (Holding) (PNM) as of January 17, 2020 is $1.16. The current dividend yield for PNM Resources (Holding) as of January 17, 2020 is 2.26%.
||Utility - Electric Power Distribution
PNM Resources, Inc. is an electric utility that provides electric generation, transmission and distribution service to its rate-regulated customers. In New Mexico, the utility's retail electric service territory covers a large area of north central New Mexico, including the cities of Albuquerque, Rio Rancho, and Santa Fe, and certain areas of southern New Mexico. Service to retail electric customers is subject to the jurisdiction of the NMPRC. PNM has decided to stop pursuing wholesale generation contracts although some sales continue to be made to wholesale customers. Service to wholesale customers is regulated by FERC. Regulation encompasses the utility's electric rates, service, accounting, issuances of securities, construction of major new generation, types of generation resources, transmission and distribution facilities, and other matters.