December 13, 2017

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PNM Declares Preferred Dividend

THIS POST WAS ORIGINALLY PUBLISHED ON THIS SITE Click Here To Read Entire Article

ALBUQUERQUE, N.M., Dec. 7, 2017 /PRNewswire/ — The Board of Directors of PNM, a subsidiary of PNM Resources (NYSE: PNM), has declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable January 15, 2018, to shareholders of record at the close of business January 2, 2018.

Background:
PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2016 consolidated operating revenues of $1.4 billion. Through its regulated utilities, PNM and TNMP, PNM Resources has approximately 2,791 megawatts of generation capacity and provides electricity to more than 767,000 homes and businesses in New Mexico and Texas. For more information, visit the company’s website at www.PNMResources.com.

CONTACTS:

Analysts

Media

Jimmie Blotter 

Pahl Shipley

(505) 241-2227

(505) 241-2782

View original content with multimedia:http://www.prnewswire.com/news-releases/pnm-declares-preferred-dividend-300568598.html

SOURCE PNM Resources, Inc.

Related Links

http://www.pnmresources.com

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