TXNM Energy Board Announces Dividend Increase and Ongoing Growth Plans for Stockholders

TXNM Energy Announces Dividend Increase

TXNM Energy, the prominent energy holding company based in Albuquerque, New Mexico, has made headlines with its latest announcement regarding dividend payments for its shareholders. In a decision made during a regular board meeting on December 2, 2025, the Board of Directors unanimously agreed to raise the company's annual common stock dividend by $0.06, resulting in a new annual rate of $1.69 per share. This equates to a 3.7% increase from prior levels, emphasizing the company's commitment to enhancing shareholder returns.

The increase not only marks a continuation of TXNM's long-standing history of dividend growth but also signifies the company's underlying earnings growth and improved capital investment strategies. These effective strategies align with the company's vision for sustainable long-term development while ensuring financial benefits for its stockholders.

Amidst this development, the board also declared a quarterly dividend payment of $0.4225 per share. Shareholders on record as of January 30, 2026, will receive this payment on February 13, 2026. This consistent approach to dividend distribution reflects TXNM Energy's dedication to maintaining investor confidence even during ongoing operational expansions.

Moreover, the board's decision comes at a critical juncture as the company prepares for the proposed acquisition of its outstanding common stock by affiliates of Blackstone Infrastructure. The planned agreement underscores TXNM's promising trajectory within the energy sector, reinforcing its strategic initiatives for growth and sustainability. TXNM Energy aims to navigate this transition smoothly while continuing to facilitate quarterly dividend payments throughout the acquisition process.

Company Background

TXNM Energy is responsible for delivering power to more than 800,000 residential and commercial customers across Texas and New Mexico through its subsidiaries, TNMP and PNM. This extensive customer base reflects the company’s integral role in the energy landscape in the southwestern United States. As a public entity traded on the NYSE under the symbol TXNM, the company is committed to transparency and shareholder engagement, frequently updating investors about initiatives and corporate strategies.

In addition to its dividend payments, TXNM Energy continues to prioritize sustainable practices, showcasing environmentally friendly initiatives designed to minimize its carbon footprint while maximizing community engagement. The company's innovative energy solutions allow it to meet the evolving demands of its customers by ensuring reliability and efficiency in energy delivery.

Looking ahead, TXNM Energy remains determined to strike a balance between profitability and ecological responsibility. The recent dividend increase not only highlights its financial health but also positions the company as a leader in corporate responsibility within the utilities sector.

TXNM Energy’s leadership team, aware of the importance of investor relations, actively engages with analysts and media to provide insights into the company’s vision and growth metrics. By leveraging these relationships, TXNM Energy aims to cultivate a dedicated shareholder base and attract new investors.

As TXNM Energy enhances its capital investments and diversifies its service offerings, investors can anticipate further growth in dividends reflective of the company’s overall performance. Continuous updates on financial results and investor engagement practices remain key aspects of TXNM's operational framework, solidifying its reputation as a reliable investment choice.

To stay informed about TXNM Energy's upcoming initiatives and performance metrics, shareholders and potential investors are encouraged to visit the company’s website at www.TXNMEnergy.com. Here, they can find comprehensive information about the company's financial health, operational goals, and ongoing sustainability efforts. By fostering transparency and continuous growth, TXNM Energy aspires to be at the forefront of the energy sector’s evolution while delivering value to its stakeholders.

In conclusion, TXNM Energy's announcement to increase its dividend reflects not only its strong financial standing but also its commitment to enhancing shareholder value amid significant strategic transitions. The future looks promising for both TXNM Energy and its investors as they navigate the dynamic landscape within the energy sector.