TXNM Dividend History & Yield

TXNM Energy, Inc. · NYSE

Stock Utilities Quarterly payer Dividend growth
$58.09
+0.16% today
as of Sep 9, 2026
TTM yield
2.89%
$1.677/share over the last 12 months
Forward yield
2.91%
$1.692/share indicated annual rate
Annual dividend
$1.692
per share, forward
Per payment
$0.423
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Sep 30, 2026 Declared
in 21 days
Next pay date
Oct 14, 2026
in 35 days
Last ex-dividend date
Aug 3, 2026
$0.423 per share
Payout ratio
91%
of earnings
Market cap
6.0B
P/E 31.7
5y dividend CAGR
+5.4%
annualised, regular payments
Growth streak
14 yrs
consecutive annual raises
Years paying
53.4
since May 2, 1973
1y total return
+5.5%
price +2.6% + dividends 3.0%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Wed, Sep 30, 2026 (in 21 days) Oct 14, 2026 $0.423 $42.30 Declared
Sat, Jan 2, 2027 (in 115 days) Jan 16, 2027 $0.423 $42.30 Estimated
Tue, Apr 6, 2027 (in 209 days) Apr 20, 2027 $0.423 $42.30 Estimated
Fri, Jul 9, 2027 (in 303 days) Jul 23, 2027 $0.423 $42.30 Estimated

Estimated dates and amounts are projected from TXNM's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $1.692 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Oct 27, 2016 to Aug 3, 2026; most recent $0.423$0.00$0.25$0.50Oct 27, 2016: $0.22Oct '16Jan 19, 2017: $0.243Apr 27, 2017: $0.243Aug 3, 2017: $0.243Oct 27, 2017: $0.243Jan 17, 2018: $0.265Jan '18May 1, 2018: $0.265Aug 3, 2018: $0.265Nov 1, 2018: $0.265Jan 31, 2019: $0.29May 1, 2019: $0.29May '19Aug 5, 2019: $0.29Oct 31, 2019: $0.29Jan 31, 2020: $0.308Apr 30, 2020: $0.308Aug 6, 2020: $0.308Aug '20Oct 30, 2020: $0.308Feb 2, 2021: $0.328Apr 29, 2021: $0.328Aug 5, 2021: $0.328Oct 29, 2021: $0.328Oct '21Feb 11, 2022: $0.348Apr 28, 2022: $0.348Aug 16, 2022: $0.348Oct 26, 2022: $0.348Feb 2, 2023: $0.368Feb '23Apr 27, 2023: $0.368Aug 10, 2023: $0.368Oct 26, 2023: $0.368Feb 1, 2024: $0.388Apr 25, 2024: $0.388Apr '24Jul 26, 2024: $0.388Oct 28, 2024: $0.388Jan 31, 2025: $0.408Apr 25, 2025: $0.408Aug 8, 2025: $0.408Aug '25Oct 24, 2025: $0.408Jan 30, 2026: $0.423Apr 27, 2026: $0.423Aug 3, 2026: $0.423

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$1.00$2.002017: $0.972$0.97220172018: $1.06$1.0620182019: $1.16$1.1620192020: $1.232$1.23220202021: $1.312$1.31220212022: $1.392$1.39220222023: $1.472$1.47220232024: $1.552$1.55220242025: $1.632$1.63220252026 (YTD): $1.269$1.2692026 YTD

How much TXNM do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month710$41,199$1,200
$500 / month3,547$205,993$6,000
$1,000 / month7,093$411,986$12,000

Based on the forward yield of 2.91%. $10,000 in TXNM would currently pay about $291 a year ($24 a month on average). Model reinvestment and growth →

TXNM dividend history

Ex-datePay dateAmountChange
Aug 3, 2026 $0.423 +0.0%
Apr 27, 2026 $0.423 +0.0%
Jan 30, 2026 $0.423 +3.7%
Oct 24, 2025 $0.408 +0.0%
Aug 8, 2025 $0.408 +0.0%
Apr 25, 2025 $0.408 +0.0%
Jan 31, 2025 $0.408 +5.2%
Oct 28, 2024 $0.388 +0.0%
Jul 26, 2024 $0.388 +0.0%
Apr 25, 2024 $0.388 +0.0%
Feb 1, 2024 $0.388 +5.4%
Oct 26, 2023 $0.368 +0.0%
Aug 10, 2023 $0.368 +0.0%
Apr 27, 2023 $0.368 +0.0%
Feb 2, 2023 $0.368 +5.7%
Oct 26, 2022 $0.348 +0.0%
Aug 16, 2022 $0.348 +0.0%
Apr 28, 2022 $0.348 +0.0%
Feb 11, 2022 $0.348 +6.1%
Oct 29, 2021 $0.328 +0.0%
Aug 5, 2021 $0.328 +0.0%
Apr 29, 2021 $0.328 +0.0%
Feb 2, 2021 $0.328 +6.5%
Oct 30, 2020 $0.308 +0.0%

TXNM dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Jan 30, 2026 Raised 3.7% $0.408 $0.423 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

TXNM scores 0/100 on our yield-trap heuristic (low risk).

1 warning flag raised:

  • Payout ratio above 80% of earnings

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About TXNM Energy, Inc.

TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States. The company engages in the generation, transmission, and distribution of electricity for retail electric customers; and owns and leases communications, office and other equipment, office space, vehicles, energy storage facilities, and real estate. It also provides regulated transmission and distribution services in Texas, as well as owns and leases vehicles, service facilities, and office locations throughout its service territory. It serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas.

Sector: Utilities. Industry: Utilities - Regulated Electric. First dividend on our records: May 2, 1973. 140 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

TXNM dividend FAQ

When is TXNM's next ex-dividend date?

TXNM's next ex-dividend date is Sep 30, 2026 (in 21 days, declared by the company). You must own the shares before that date to receive the payment of about $0.423 per share, expected on Oct 14, 2026.

How often does TXNM pay dividends?

TXNM pays dividends every quarter, 4 times a year. The most recent payment was $0.423 per share with an ex-date of Aug 3, 2026.

What is TXNM's dividend yield?

TXNM's trailing 12-month dividend yield is 2.89%, based on $1.677 per share paid over the last year and a share price of $58.09. The forward yield, using the indicated annual rate of $1.692 per share, is 2.91%.

How much does TXNM pay per share?

TXNM pays about $0.423 per share each quarter, which works out to roughly $1.692 per share a year. 100 shares would collect about $169.20 a year.

Has TXNM grown or cut its dividend?

TXNM has raised its annual dividend for 14 consecutive years. Over the last 5 years the regular payout has grown at 5.4% a year (+4.0% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of TXNM do I need to earn $100 a month?

At the current forward yield of 2.91%, you would need about 710 shares of TXNM (roughly $41,199 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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