Is TXNM Energy, Inc. a good dividend stock?

TXNM Energy, Inc. (TXNM) is a dividend-paying stock with a current dividend yield of 2.89%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is TXNM's dividend yield?

The dividend yield for TXNM stock is currently 2.89%.

How much does TXNM pay in dividends per year?

TXNM Energy, Inc. pays an annual dividend of $1.6600 per share over the trailing twelve months.

How often does TXNM pay dividends?

TXNM stock pays dividends quarterly.

Is TXNM's dividend growing?

TXNM Energy, Inc.'s 3-year dividend CAGR is 5.1%.

TXNM Stock Price, Chart, Stats & News

TXNM Energy, Inc.

Save

Overview Dividend safety Dividends Fundamentals

TXNM Energy, Inc. (TXNM) is a dividend-paying stock with a current dividend yield of 2.89% as of Jul 17, 2026. It pays $1.66 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 5.50% 5-year compound annual rate.

6.36B

Market cap

25.29x

Current P/E

19.84x

Forward P/E

2.89%

Dividend yield

$1.66

TXNM dividend

Dividend safety

Moderate

Dividend coverage is moderate for TXNM — it pays out about 73% of earnings.

See the safety analysis

TXNM chart

Loading chart...

Fundamentals

Gross margin	38.09%
Operating margin	20.34%
Pretax margin	8.31%
Net margin	7.01%
Effective tax rate	5.66%
ROA	3.50%
ROE	4.85%
D/E	0.00x
Interest coverage ratio	1.33x

All financials

TXNM valuation

P/E	25.29x
P/S	2.93x
P/B	1.59x
P/CF	9.28x
P/FCF	-10.39x
P/OCF	9.28x
PEG	-2.19x
EV multiple	6.76x

About

TXNM Energy, Inc., through its various subsidiaries, supplies electricity and related services across the United States. Its operations are organized into two main divisions: Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP). The PNM segment is responsible for producing, transmitting, and distributing electrical energy.