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Public Service Company of New Mexico is an electric utility company. It provides electric generation, transmission, and distribution services to its rate-regulated customers. In addition, it is also involved in the provision of transmission services to third parties; and the generation and sale of electricity into the wholesale market. Geographically, it operates through the region of Mexico and it provides retail electric service to customers in north-central New Mexico, including the cities of Albuquerque, Rio Rancho, and Santa Fe, and certain areas of southern New Mexico.

Public Service of New Mexico Dividend Announcement

Public Service of New Mexico announced a quarterly dividend of $1.15 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-30
Public Service of New Mexico annual dividend for 2024 was $3.44
Public Service of New Mexico annual dividend for 2023 was $4.58
Public Service of New Mexico's trailing twelve-month (TTM) dividend yield is 5.42%
Public Service of New Mexico's payout ratio for the trailing twelve months (TTM) is 0.36%
Public Service of New Mexico's dividend growth over the last five years (2018-2023) was -4.36% year

Public Service of New Mexico Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-30$1.15quarterly2024-10-15
2024-06-28$1.15quarterly2024-07-15
2024-03-27$1.15quarterly2024-04-15
2023-12-28$1.15quarterly2024-01-15
2023-09-28$1.15quarterly2023-10-15
2023-06-29$1.15quarterly2023-07-15
2023-03-30$1.15quarterly2023-04-15
2022-12-29$1.15quarterly2023-01-15
2022-09-29$1.15quarterly2022-10-15
2022-06-30$1.15quarterly2022-07-15
2022-03-31$1.15quarterly2022-04-15
2021-12-23$1.15quarterly2022-01-14
2021-09-30$1.15quarterly2021-10-15
2021-06-30$1.15quarterly2021-07-15
2021-03-31$1.15quarterly2021-04-15
2020-12-24$1.15quarterly2021-01-16
2020-09-30$1.15quarterly2020-10-15
2020-06-30$1.15quarterly2020-07-15
2020-04-02$1.15quarterly2020-04-15
2019-12-27$1.15quarterly2020-01-15
2019-09-30$1.15quarterly2019-10-15
2019-06-28$1.15quarterly2019-07-15
2019-04-03$1.15quarterly2019-04-15
2018-12-28$1.15quarterly2019-01-15
2018-09-28$1.15quarterly2018-10-15
2018-06-29$1.15quarterly2018-07-15
2018-03-29$1.15quarterly2018-04-15
2018-01-02$1.15quarterly2018-01-15
2017-09-29$1.15quarterly2017-10-15
2017-06-28$1.15quarterly2017-07-15
2017-03-29$1.15quarterly2017-04-15
2016-12-28$1.15quarterly
2016-09-29$1.15quarterly
2016-06-29$1.15quarterly
2016-03-30$1.15quarterly
2015-12-30$1.15quarterly
2015-09-29$1.15quarterly
2015-06-29$1.15quarterly
2015-03-30$1.15quarterly
2014-12-30$1.15quarterly
2014-09-29$1.15quarterly
2014-06-27$1.15quarterly
2014-03-28$1.15quarterly
2013-12-30$1.15quarterly
2013-09-27$1.15quarterly
2013-06-27$1.15quarterly
2013-03-27$1.15quarterly

Public Service of New Mexico Dividend per year

Public Service of New Mexico Dividend growth

Public Service of New Mexico Dividend Yield

Public Service of New Mexico current trailing twelve-month (TTM) dividend yield is 5.42%. Interested in purchasing Public Service of New Mexico stock? Use our calculator to estimate your expected dividend yield:

Public Service of New Mexico Financial Ratios

P/E ratio0.00
PEG ratio0.00
P/B ratio0.00
ROE6.88%
Payout ratio0.36%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Public Service of New Mexico Dividend FAQ

How much is the next Public Service of New Mexico dividend?
Public Service of New Mexico's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Public Service of New Mexico dividend. The next Public Service of New Mexico dividend will be released in March, June, September, or December.
When is Public Service of New Mexico dividend paid?
Public Service of New Mexico pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Public Service of New Mexico pay?
The specific amount of Public Service of New Mexico dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Public Service of New Mexico's dividend history.
Does Public Service of New Mexico stock pay dividends?
Yes, Public Service of New Mexico does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Public Service of New Mexico's dividend history.
How much dividend does Public Service of New Mexico pay?
Public Service of New Mexico paid $3.435 in 2024, $4.58 in 2023, $4.58 in 2022, $4.58 in 2021, and $4.58 in 2020.
How often does Public Service of New Mexico pay dividends?
Public Service of New Mexico typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Public Service of New Mexico's dividend yield?
The current dividend yield for Public Service of New Mexico is 5.42%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Public Service of New Mexico's exact dividend yield.
When does Public Service of New Mexico go ex dividend?
Public Service of New Mexico's ex-dividend date for the latest dividend was on 2024-09-30. Public Service of New Mexico typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Public Service of New Mexico dividend paid?
Public Service of New Mexico pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Public Service of New Mexico increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Public Service of New Mexico will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Public Service of New Mexico dividend per share?
Public Service of New Mexico paid $3.435 per share in 2024 and $4.58 per share in 2023. The amount of dividend per share that Public Service of New Mexico pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Public Service of New Mexico a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Public Service of New Mexico a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Public Service of New Mexico a dividend stock?
Yes, Public Service of New Mexico is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Public Service of New Mexico a good dividend stock?
Whether Public Service of New Mexico is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Public Service of New Mexico has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Public Service of New Mexico as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Public Service of New Mexico pay dividends monthly?
Public Service of New Mexico typically pays dividends on a quarterly basis.
Does Public Service of New Mexico pay dividends quarterly?
Public Service of New Mexico currently pays dividends on a quarterly basis.
Has Public Service of New Mexico ever paid a dividend?
Yes, Public Service of New Mexico has a history of paying dividends to its shareholders. Public Service of New Mexico is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Public Service of New Mexico dividend stocks?
To buy Public Service of New Mexico you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Public Service of New Mexico stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Public Service of New Mexico pay dividends 2024?
Public Service of New Mexico pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Public Service of New Mexico increase its dividend in 2024?
Decisions regarding Public Service of New Mexico dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Public Service of New Mexico dividend overview you can look into the above table of dividend history.
How Public Service of New Mexico dividend works?
The Public Service of New Mexico dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Public Service of New Mexico's dividend process works:

1. Determination of Dividend: Public Service of New Mexico's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Public Service of New Mexico publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Public Service of New Mexico distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Public Service of New Mexico are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Public Service of New Mexico dividends paid?
Public Service of New Mexico dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Public Service of New Mexico sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Public Service of New Mexico distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Public Service of New Mexico declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Public Service of New Mexico pay dividends?
Public Service of New Mexico typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Public Service of New Mexico pay dividends?
The general pattern is that Public Service of New Mexico pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Public Service of New Mexico dividend safe?
The safety of Public Service of New Mexico's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Public Service of New Mexico's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Public Service of New Mexico's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.