TXNM Energy, Inc.
TXNMUtilities · Stock · quarterly payer
$59.28
Add to PortfolioForward Yield
2.85%
Annual Dividend
$1.69
Payout Ratio
117%
5-Yr Growth
5.8%
Ex-Date
Apr 27, 2026
Frequency
Quarterly
TXNM Dividend Safety Score
75/ 100
Grade B
Safe
Dividend-growth streak16 consecutive years of growth
Cut historyCut its dividend in 2009
Earnings payout coverage117% of earnings paid out
Balance-sheet strengthDebt/equity of 1.64
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is TXNM a good dividend stock?
YesTXNM Energy, Inc. (TXNM) pays a quarterly dividend yielding 2.85% ($1.69/yr), with 16 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 16 consecutive years of dividend growth
- Strong 5.8% 5-yr dividend growth
Risks
- Cut its dividend in 2009
- Elevated payout ratio (117%)
Key Data
- Dividend Yield
- 2.85%
- Payout Ratio
- 117%
- Annual Dividend
- $1.69
- 5-Yr Avg Growth
- 5.8%
- Ex-Dividend Date
- Apr 27, 2026
- Years of Growth
- 16
- Frequency
- quarterly
- Beta
- 0.17
- Market Cap
- $6.6B
- P/E Ratio
- 42.0
- 5-Yr Total Return
- 22%
- 52-Week Range
- $56.17 – $59.53
- Dividend Safety
- B · 75/100
- Ever Cut?
- Yes (2009)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 27, 2026 | — | $0.4230 | regular |
| Jan 30, 2026 | — | $0.4230 | regular |
| Oct 24, 2025 | — | $0.4080 | regular |
| Aug 8, 2025 | — | $0.4080 | regular |
| Apr 25, 2025 | — | $0.4080 | regular |
| Jan 31, 2025 | — | $0.4080 | regular |
| Oct 28, 2024 | — | $0.3880 | regular |
| Jul 26, 2024 | — | $0.3880 | regular |
| Apr 25, 2024 | — | $0.3880 | regular |
| Feb 1, 2024 | — | $0.3880 | regular |
| Oct 26, 2023 | — | $0.3680 | regular |
| Aug 10, 2023 | — | $0.3680 | regular |
| Apr 27, 2023 | — | $0.3680 | regular |
| Feb 2, 2023 | — | $0.3680 | regular |
Income Calculator
At $1.69 / yr per share
Per payment (quarterly)$42.25
Annual$169.00
Monthly avg$14.08
