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Ex-Dividend Reminder: PNM Resources, Bank of New York Mellon and Unum Group

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As a percentage of PNM's recent stock price of $44.48, this dividend works out to approximately 0.83%, so look for shares of PNM Resources Inc to trade 0.83% lower — all else being equal — when PNM shares open for trading on 10/26/23. Similarly, investors should look for BK to open 1.00% lower in price and for UNM to open 0.75% lower, all else being equal.

Below are dividend history charts for PNM, BK, and UNM, showing historical dividends prior to the most recent ones declared.

PNM Resources Inc (NYSE:PNM):

Bank of New York Mellon Corp (NYSE:BK):

Unum Group (NYSE:UNM):

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.30% for PNM Resources Inc, 4.01% for Bank of New York Mellon Corp, and 3.00% for Unum Group.

In Tuesday trading, PNM Resources Inc shares are currently up about 0.2%, Bank of New York Mellon Corp shares are up about 1%, and Unum Group shares are up about 0.2% on the day.