PR Newswire | Mar 5, 2021 04:30PM EST

03/05 15:30 CST

PNM Resources Board Declares Quarterly Common Stock Dividend ALBUQUERQUE, N.M., March 5, 2021

ALBUQUERQUE, N.M., March 5, 2021 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of PNM Resources (NYSE: PNM) declared the regular quarterly dividend of $0.3275 per share on the company's common stock. The dividend is payable May 14, 2021 to shareholders of record at the close of business April 30, 2021.

Background:PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2020 consolidated operating revenues of $1.5 billion. Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity to approximately 800,000 homes and businesses in New Mexico and Texas. PNM serves its customers with a diverse mix of generation and purchased power resources totaling 2.8 gigawatts of capacity, with a goal to achieve 100% emissions-free energy by 2040. For more information, visit the company's website at www.PNMResources.com.

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SOURCE PNM Resources, Inc.