$58.50
+0.08 (+0.14%)
Dividend Overview
2.87%
Dividend Yield
+1.57% vs S&P 500 avg
$1.53
Annual Dividend
Per Payment$0.38
Frequencyquarterly
Payout Ratio57.8%
Ex-DividendApr 16, 2026
Pay DateMay 2, 2026
Stock Price$58.50
Yield on Cost
If you bought at that price, what would your yield be today?
Dividend Income Calculator
If you invest $10,000 in TXNM at $58.50/share
Monthly
$21.74
Quarterly
$65.23
Annually
$260.93
170 shares
Based on current price of $58.50 per share
To earn $100/month in dividends
You would need 782 shares
$45,747.00
investment needed
Dividend Safety
Safe
57.8% payout ratio
Safe
Moderate
High
A payout ratio under 60% suggests the dividend is well-covered by earnings with room to grow.
Dividend Comparison — Utilities
| Stock | Yield | Annual Div | Payout Ratio | Price |
|---|---|---|---|---|
| NEE | 2.70% | $2.26 | 68.5% | $91.62 |
| CEG | 0.57% | $1.55 | 21.0% | $294.85 |
| SO | 3.08% | $2.74 | 69.5% | $93.98 |
| DUK | 3.23% | $4.25 | 66.4% | $127.38 |
| AEP | 2.88% | $3.74 | 56.1% | $128.80 |
| SRE | 2.78% | $2.41 | 53.9% | $95.00 |
| D | 4.08% | $2.65 | 105.4% | $60.27 |
| EXC | 3.55% | $1.59 | 58.4% | $47.29 |
| XEL | 3.07% | $2.08 | 60.7% | $77.96 |
| ETR | 2.48% | $2.48 | 61.6% | $102.52 |