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TXNM — TXNM Energy, Inc.

TXNM Energy, Inc. (TXNM)

TXNM pays a 2.95% distribution rate, quarterly. Its Distribution Safety Score™ is 98 (Safe), giving a Safety-Adjusted Yield of 2.89%. Distributions grew 4.3% over the past year. Its deepest 1-year drawdown was 5.2%.

TXNM Energy, Inc. is an electric utility that generates, transmits, and distributes electricity to residential, commercial, and industrial customers in New Mexico and Texas, while also owning communications equipment, real estate, and energy storage facilities. The company pays a modest current distribution rate with quarterly distributions. This security appeals to income investors seeking exposure to regulated utility operations.

TXNM key facts

Distribution Safety Score™
98 · Safe
Safety-Adjusted Yield
2.89%
Asset type
Stock
Asset class
Equity
Inception date
02/21/1973
Distribution rate
2.95%
Distribution frequency
Quarterly
Trailing yield
2.92%
5-year average yield
3.08
Last close
$57.40
Market cap
$5,914,847,232
Average volume
467900.0
Last dividend
$0.4230
Ex-dividend date
08/03/2026
Payment date
08/14/2026
Beta
0.17
Payout ratio
0.645
P/E ratio
31.3661
Forward P/E
19.9203
EPS
$1.83