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Cash Dividend On The Way From PNM Resources Inc (PNM)

By Dividend Channel Staff, Tuesday, January 15, 10:03 AM ET
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On 1/17/13, PNM Resources Inc (NYSE:PNM) will trade ex-dividend, for its quarterly dividend of $0.145, payable on 2/15/13. As a percentage of PNM's recent stock price of $20.45, this dividend works out to approximately 0.71%, so look for shares of PNM Resources Inc to trade 0.71% lower all else being equal when PNM shares open for trading on 1/17/13.

Below is a dividend history chart for PNM, showing historical dividends prior to the most recent $0.145 declared by PNM Resources Inc:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PNM is likely to continue, and whether the current estimated yield of 2.84% on annualized basis is a reasonable expectation of annual yield going forward.


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According to the ETF Finder at ETF Channel, PNM makes up 1.27% of the Dynamic Utilities Portfolio ETF (AMEX:PUI) which is trading relatively unchanged on the day Tuesday.

See what other ETFs contain PNM
See what other stocks are held by PUI

In Tuesday trading, PNM Resources Inc shares are currently down about 0.2% on the day.


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