Public Service Company of New Mexico, a subsidiary of TXNM Energy, issued an 8-K on November 11, 2026 disclosing that its Board of Directors declared a regular quarterly preferred stock dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock.

Key Highlights

  • Dividend amount: $1.145 per share declared on the 4.58 percent series of cumulative preferred stock.
  • Payment date: January 15, 2027, according to the filing.
  • Record date: December 31, 2026, at the close of business.
  • Declaring entity: Public Service Company of New Mexico, a subsidiary of TXNM Energy (NYSE:TXNM).
  • Company reach: TXNM Energy reported delivering energy to more than 800,000 homes and businesses across Texas and New Mexico.

Public Service Company of New Mexico Quarterly Preferred Stock Dividend Details

According to the filing, the Board of Directors of Public Service Company of New Mexico declared a regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The declaration was announced from Albuquerque, New Mexico on November 10, 2026.

The filing states that the preferred stock dividend is payable on January 15, 2027, to shareholders of record at the close of business on December 31, 2026. Public Service Company of New Mexico is identified in the filing as a subsidiary of TXNM Energy, which trades on the NYSE under the ticker TXNM.

The filing describes TXNM Energy as "an energy holding company based in Albuquerque, New Mexico" that "delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM."

What Was Disclosed

Public Service Company of New Mexico disclosed the declaration of a $1.145 per share regular quarterly dividend on its 4.58 percent cumulative preferred stock series, payable January 15, 2027, to holders of record as of December 31, 2026.