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BRIEF-PNM Resources increases FY dividend by 10 percent
December 13, 2016 / 12:08 PM / 9 months ago

BRIEF-PNM Resources increases FY dividend by 10 percent

Dec 13 (Reuters) - PNM Resources Inc :

* PNM Resources board increases dividend payment, declares quarterly common stock dividend

* Sets quarterly dividend of $0.2425 per share

* Increase by 10 percent to an indicated annual rate of $0.97 per share of common stock

* Increases FY dividend by 10 percent

* Narrowed PNM Resources 2016 consolidated ongoing earnings guidance to $1.60 to $1.65 per diluted share

* Fy2016 earnings per share view $1.59 -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

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