PNM Resources, Inc. (Holding Co.) (PNM) Ex-Dividend Date Scheduled for April 17, 2013

By
A A A

PNM Resources, Inc. (Holding Co.) ( PNM ) will begin trading ex-dividend on April 17, 2013. A cash dividend payment of $0.165 per share is scheduled to be paid on May 15, 2013. Shareholders who purchased PNM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 13.79% increase over the prior quarter. At the current stock price of $23.08, the dividend yield is 2.86%.

The previous trading day's last sale of PNM was $23.08, representing a -3.07% decrease from the 52 week high of $23.81 and a 29.88% increase over the 52 week low of $17.77.

PNM is a part of the Public Utilities sector, which includes companies such as Southern Company ( SO ) and Dominion Resources, Inc. ( D ). PNM's current earnings per share, an indicator of a company's profitability, is $1.31. Zacks Investment Research reports PNM's forecasted earnings growth in 2013 as 4.69%, compared to an industry average of 5.3%.


For more information on the declaration, record and payment dates, visit the PNM Dividend History page.

Interested in gaining exposure to PNM through an Exchange Traded Fund [ETF]?
The following ETF(s) have PNM as a top-10 holding:

  • PowerShares Dynamic Utilities ( PUI ).

The top-performing ETF of this group is PUI with an increase of 2.2% over the last 100 days. It also has the highest percent weighting of PNM at 1.53%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: News Headlines , Stocks

Referenced Stocks: D , PNM , PUI , SO

NASDAQ.com News

NASDAQ.com News

More from NASDAQ.com News:

Related Videos

Stocks

Referenced

Most Active by Volume

145,866,496
  • $19.97 ▼ 8.39%
77,086,047
  • $132.65 ▲ 1.82%
72,286,233
  • $8.10 ▲ 2.27%
68,255,406
  • $9.33 ▼ 6.61%
57,535,673
  • $48.03 ▲ 0.33%
52,002,044
  • $15.56 ▼ 0.51%
40,772,381
  • $34.59 ▼ 1.93%
35,765,720
  • $26.88 ▲ 0.30%
As of 4/27/2015, 04:15 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com