Public Service Company of New Mexico’s preferred stock maintains its dividend, offering a 6.23% forward yield for shareholders.
Public Service Company of New Mexico PFD 4.58% (PNMXO) announced a $1.145 per share quarterly dividend, matching its prior payout. The dividend is payable on October 15 to shareholders of record as of September 30, with an ex-dividend date also set for September 30.
The forward yield stands at 6.23%, consistent with previous distributions. The company has maintained this dividend level in recent quarters, reflecting stable payouts for preferred stockholders.
No immediate market reaction was disclosed in the announcement.