TXNM Energy Board Increases Annual Common Stock Dividend and Declares Quarterly Dividend Payment
At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE: TXNM) unanimously voted to increase the company's annual dividend payment by $0.06, a 3.7 percent increase, to an indicated annual rate of $1.69 per share of common stock. The increase continues the company's long-standing dividend growth and considers the continued underlying earnings growth of the business balanced with increased capital investment plans. The increased rate is contemplated within the proposed agreement under which affiliates of Blackstone Infrastructure will acquire the outstanding common stock of TXNM Energy. Quarterly dividends will continue during the pendency of the proposed transaction.
Additionally, the board has declared the resulting quarterly stock dividend of $0.4225 per share, payable February 13, 2026, to shareholders of record at the close of business January 30, 2026.... Read more
Latest Price: $ 59.02
Dividend Yield (TTM): 2.79%
- 2025-04-25: $ 0.41
- 2025-08-08: $ 0.41
- 2025-10-24: $ 0.41
- 2026-01-30: $ 0.42
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