PNM Resources, Inc. (Holding Co.) (PNM) Ex-Dividend Date Scheduled for July 31, 2013


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PNM Resources, Inc. (Holding Co.) ( PNM ) will begin trading ex-dividend on July 31, 2013. A cash dividend payment of $0.165 per share is scheduled to be paid on August 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 same period a year ago. At the current stock price of $23.64, the dividend yield is 2.79%.

The previous trading day's last sale of PNM was $23.64, representing a -2.07% decrease from the 52 week high of $24.14 and a 19.64% increase over the 52 week low of $19.76.

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 $1.23. Zacks Investment Research reports PNM's forecasted earnings growth in 2013 as 4.14%, compared to an industry average of 5.7%.

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

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

This article appears in: News Headlines , Stocks
More Headlines for: NEE , PNM , SO

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