PNM Resources Board Declares Quarterly Common Stock Dividend

ALBUQUERQUE, N.M.--(BUSINESS WIRE)--

At its regular meeting held today, the Board of Directors of PNM Resources PNM declared the regular quarterly dividend of $0.185 per share on the company's common stock. The dividend is payable Nov. 14, 2014, to shareholders of record at the close of business Oct. 31, 2014.

Background:

PNM Resources PNM is an energy holding company based in Albuquerque, N.M., with 2013 consolidated operating revenues of $1.4 billion. Through its regulated utilities, PNM and TNMP, PNM Resources has approximately 2,572 megawatts of generation capacity and provides electricity to more than 746,000 homes and businesses in New Mexico and Texas. For more information, visit the company's website at www.PNMResources.com.