PR Newswire | Jul 27, 2021 04:31PM EDT

07/27 15:30 CDT

PNM Resources Board Declares Quarterly Common Stock Dividend ALBUQUERQUE, N.M., July 27, 2021

ALBUQUERQUE, N.M., July 27, 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 August 13, 2021 to shareholders of record at the close of business August 6, 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 3.0 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.

CONTACTS:

Analysts Media

Lisa Goodman Ray Sandoval

(505) 241-2160 (505) 241-2782

View original content to download multimedia: https://www.prnewswire.com/news-releases/pnm-resources-board-declares-quarterly-common-stock-dividend-301342486.html

SOURCE PNM Resources, Inc.