PNM Resources Board Declares Quarterly Common Stock Dividend
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
The Board of Directors of PNM Resources (NYSE: PNM) yesterday declared
the regular quarterly dividend of $0.145 per share on its common stock,
which has an indicated annual rate of $0.58 per share. The dividend is
payable Nov. 15, 2012, to shareholders of record at the close of
business Nov. 1, 2012.
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Background:
PNM Resources (NYSE: PNM) is an energy holding company based in
Albuquerque, N.M., with 2011 consolidated operating revenues of $1.3
billion, excluding First Choice Power. Through its regulated utilities,
PNM and TNMP, PNM Resources has approximately 2,530 megawatts of
generation capacity and serves electricity to more than 730,000 homes
and businesses in New Mexico and Texas. For more information, visit the
company's Web site at www.PNMResources.com.
PNM Resources
Analysts
Jimmie Blotter, (505) 241-2227
or
Media
Valerie
Smith, (505) 241-2892
Source: PNM Resources
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