TXNM Energy declares $0.42 dividend amid negative growth metrics

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Summary · why it matters

TXNM Energy Inc announced a total dividend of $0.42 per share, with the ex-dividend date set for 2026-08-03 and payment on 2026-08-14. The company has maintained a consistent dividend payment record since 1996 and has increased its dividend each year since 2009, earning the status of a dividend achiever. As of today, the 12-month trailing dividend yield is 2.86% and the forward yield is 2.92%, while the dividend payout ratio stands at 0.68. However, the company's 3-year revenue growth rate is approximately -6.80% per year, its 3-year EPS growth rate is approximately -5.70% per year, and its 5-year EBITDA growth rate is -7.10%, all underperforming a majority of global competitors. Despite a profitability rank of 7 out of 10 and positive net income over the past decade, these negative growth metrics raise concerns about the sustainability of future dividend increases.

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Energy Transition & Power Demand▼ · 1 stocks
TXNM Energy, Inc.
TXNM
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Dividend declared but negative growth metrics raise sustainability concerns.