Txnm Energy Inc (TXNM) Dividend Coverage Ratio (2010 - 2024)

Txnm Energy (TXNM) has reported Dividend Coverage Ratio for 15 consecutive years, with 1.37 the latest figure, recorded in Q2 2024.

• For the quarter ending Q2 2024, Dividend Coverage Ratio fell 4.24% year-over-year to 1.37; the trailing twelve-month figure through Jun 2024 stood at 0.25 (down 86.99% YoY), and the FY2023 full-year result was 0.27, down 80.72% from the prior year.
• Dividend Coverage Ratio climbed to 1.37 in Q2 2024 per TXNM's latest filing, from 1.35 in the prior quarter.
• Across five years, Dividend Coverage Ratio topped out at 4.94 in Q3 2020 and bottomed at 0.62 in Q1 2020.
• Historically, Dividend Coverage Ratio has averaged 1.47 across 5 years, with a median of 1.27 in 2024.
• The sharpest annual moves came in 2020 and 2023: Dividend Coverage Ratio plunged 176.99% in 2020, then surged 225.38% in 2023.
• Over 5 years, Dividend Coverage Ratio stood at 0.36 in 2020, then advanced by 11.45% to 0.4 in 2021, then surged by 32.29% to 0.53 in 2022, then tumbled by 142.13% to 0.22 in 2023, then soared by 718.61% to 1.37 in 2024.
• According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 1.37, 1.35, and 0.22 for Q2 2024, Q1 2024, and Q4 2023 respectively.