BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 2.Dec.2025, Words: 193) — The board of directors of TXNM Energy, Inc. unanimously voted to increase the company’s annual dividend payment by $0.06, a 3.7% increase, to an indicated annual rate of $1.69 per share of common stock.
The increase, announced at a regular meeting held on 2 Dec. 2025, continues the company’s long-standing dividend growth and considers the continued underlying earnings growth of the business balanced with increased capital investment plans.
RELATED: PETROBRAS REVEALS APPROVAL OF REDETERMINATION OF TUPI SHARED RESERVOIR
The increased rate is contemplated within the proposed agreement under which affiliates of Blackstone Infrastructure will acquire the outstanding common stock of TXNM Energy.
Quarterly dividends will continue during the pendency of the proposed transaction, TXNM said on 2 Dec. 2025 in an official statement.
RELATED: MIROSÂ AND MARINE TECHNOLOGIES INK MOU TO ADVANCE NEXT-GENERATION MARINE SENSING
Additionally, the board has declared the resulting quarterly stock dividend of $0.4225 per share, payable on 13 Feb. 2026, to shareholders of record at the close of business 30 Jan. 2026, the company said.
____________________
By Steve Stewart reporting from Baton Rouge. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.
