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

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PNM Resources, Inc. (Holding Co.) ( PNM ) will begin trading ex-dividend on January 17, 2013. A cash dividend payment of $0.145 per share is scheduled to be paid on February 15, 2013. Shareholders who purchased PNM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that PNM has paid the same dividend.

The previous trading day's last sale of PNM was $20.49, representing a -9.09% decrease from the 52 week high of $22.54 and a 18.51% increase over the 52 week low of $17.29.

PNM is a part of the Public Utilities sector, which includes companies such as Southern Company ( SO ) and NextEra Energy, Inc. ( NEE ). PNM's current earnings per share, an indicator of a company's profitability, is $2.55. Zacks Investment Research reports PNM's forecasted earnings growth in 2012 as 20.22%, compared to an industry average of 5.9%.

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: NEE , PNM , PUI , SO

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