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PNM Declares Preferred Dividend

March 17, 2014

The Board of Directors of PNM, a subsidiary of PNM Resources (NYSE: PNM), has declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable April 15, 2014, to shareholders of record at the close of business April 1, 2014.

PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2013 consolidated operating revenues of $1.4 billion. Through its regulated utilities, PNM and TNMP, PNM Resources has approximately 2,572 megawatts of generation capacity and provides electricity to more than 746,000 homes and businesses in New Mexico and Texas.

For more information :

PNM Resources, Inc.
Alvarado Sq
Albuquerque, New Mexico
United States, 87158-0001

Contact person:
Pahl Shipley, Media
PNM Resources
Tel: 505-241-2782

Contact person:
Jimmie Blotter, Analysts
PNM Resources
Tel: 505-241-2227

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