TXNM Energy Board Announces Regular Dividend for Shareholders in 2025

In a significant announcement made during its recent board meeting, the Board of Directors of TXNM Energy, Inc. has declared a quarterly dividend of $0.4075 per share for its common stock. This decision reflects the company’s continued commitment to rewarding its shareholders and underscores its robust performance in the energy sector. The dividend is scheduled to be paid on May 16, 2025, to those shareholders who are on record by the business close on April 25, 2025.

Company Overview

TXNM Energy, originally based in Albuquerque, New Mexico, is an energy holding company that caters to an extensive customer base, delivering power to more than 800,000 homes and businesses across Texas and New Mexico. The company, which trades on the New York Stock Exchange under the ticker symbol TXNM, operates through its regulated utility subsidiaries TNMP and PNM, which have built a reputation for reliability in energy delivery. This solid foundation has allowed TXNM Energy to maintain a steady dividend policy, echoing its goals of long-term growth and sustainability.

The upcoming dividend marks an important milestone for both the company and its investors, particularly as it comes in the context of ongoing industry changes and economic challenges. The ability to issue consistent dividends speaks volumes about TXNM Energy’s management and operational effectiveness. The board’s decision to declare this quarterly dividend indicates a healthy cash flow and stable earnings situation, allowing them to distribute earnings to shareholders while continuing to invest in the growth of the business.

Future Outlook and Strategy

Looking ahead, TXNM Energy aims to strengthen its position in the market by focusing on innovative energy solutions, sustainability practices, and expanding its service offerings. With the rising demand for clean and reliable energy options, TXNM Energy is poised to invest in renewable energy sources and improve the overall efficiency of energy distribution.

The leadership at TXNM Energy believes that by focusing on shareholder returns, the company establishes a competitive advantage that aligns with investor interests and enhances the overall brand reputation. The upcoming dividend is seen not only as a reward for past investments but a stepping stone towards greater financial accomplishments for future shareholders.

To learn more about TXNM Energy and stay updated on their latest developments, shareholders and interested parties are encouraged to visit TXNM Energy's website for more detailed information.

Contact Information

For inquiries or further press information, Lisa Goodman from Corporate Communications can be reached at (505) 241-2160, or for media related questions at (505) 241-2743. This ensures that interested stakeholders can stay informed and involved with the company’s journey moving forward.

In conclusion, TXNM Energy’s declaration of a quarterly dividend enhances the company’s dedication to its shareholders while simultaneously allowing for growth and adaptation in a changing energy landscape. As the energy sector evolves, TXNM plans to remain a key player, ensuring both profitability for its investors and the delivery of reliable energy resources across its service areas.