PNM Resources Board Declares Quarterly Common Stock Dividend
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
The Board of Directors of PNM Resources (NYSE: PNM) today declared the
regular quarterly dividend of $0.125 per share on its common stock,
which has an indicated annual rate of $0.50 per share. The dividend is
payable Feb. 15, 2012, to shareholders of record at the close of
business Jan. 25, 2012.
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Background:
PNM Resources (NYSE: PNM) is an energy holding company based in
Albuquerque, N.M., with 2010 consolidated operating revenues of $1.7
billion. Through its regulated utilities, 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
Lisa Eden, 505-241-2691
Media
Frederick
Bermudez, 505-241-4831
Source: PNM Resources
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