Feb 23, 2018   SOURCE: PR NewsWire

PNM Resources Board Declares Quarterly Common Stock Dividend

ALBUQUERQUE, N.M., Feb. 23, 2018 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of PNM Resources (NYSE: PNM) declared the regular quarterly dividend of $0.265 per share on the company's common stock. The dividend is payable May 16, 2018, to shareholders of record at the close of business May 2, 2018.

Background:
PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2016 consolidated operating revenues of $1.4 billion. Through its regulated utilities, PNM and TNMP, PNM Resources has approximately 2,791 megawatts of generation capacity and provides electricity to more than 767,000 homes and businesses in New Mexico and Texas. For more information, visit the company's website at www.PNMResources.com.

    CONTACTS:


    Analysts                             Media

    Jimmie Blotter                       Pahl Shipley

    (505) 241-2227                       (505) 241-2782

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SOURCE PNM Resources, Inc.