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PNM Resources, Inc.
PNM Declares Preferred Dividend



March 14, 2017

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, 2017, to shareholders of record at the close of business March 31, 2017.

Background

PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2016 consolidated operating revenues of $1.4 billion. Through its regulated utilities, PNM and TNMP, PNM Resources has approximately 2,791 megawatts of generation capacity and provides electricity to more than 767,000 homes and businesses in New Mexico and Texas.

For more information:

Organization:
PNM Resources, Inc.
Address:
Alvarado Sq
Albuquerque, New Mexico
United States, 87158-0001
www.pnmresources.com
Tel: 505-241-2700

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

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


Link http://www.electricenergyonline.com/detail_news.php?ID=626492
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