January 15, 2013 at 10:03 AM EST
Cash Dividend On The Way From PNM Resources Inc (PNM)
On 1/17/13, PNM Resources Inc (PNM) will trade ex-dividend, for its quarterly dividend of $0.145, payable on 2/15/13. As a percentage of PNM's recent stock price of $20.45, this dividend works out to approximately 0.71%, so look for shares of PNM Resources Inc to trade 0.71% lower all else being equal when PNM shares open for trading on 1/17/13.
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