Txnm Energy (TXNM) Dividend Coverage Ratio (2010 - 2026)
Txnm Energy's Dividend Coverage Ratio was 1.37 in Q2 2024, down 4.2% from 1.43 a year earlier but up 1.8% from the prior quarter.
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Analysis
Txnm Energy (TXNM) Dividend Coverage Ratio (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Txnm Energy's Dividend Coverage Ratio was 0.62 through Jun 30, 2024, down 68.0% year-over-year; for FY2023, it was 0.69, down 51.0% from FY2022.
- Dividend Coverage Ratio has now declined for three consecutive years.
- In earlier years, Dividend Coverage Ratio was 1.41 in FY2022 (-18.4%), 1.73 in FY2021 (-1.2%), 1.75 in FY2020 (+110.7%) and 0.83 in FY2019 (-17.4%).
- Quarterly Dividend Coverage Ratio has moved between -1.59 (Q4 2023) and 4.94 (Q3 2020) over five years.
- Compared with a year earlier, Dividend Coverage Ratio was higher in four of the last seven quarters, with growth averaging 48.7%.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was Q1 2023 (growth of 225.4%); the worst was Q4 2020 (a decline of 74.0%).
- Per Business Quant data, TXNM's Dividend Coverage Ratio in the three quarters before Q2 2024 was 1.35 (Q1 2024), -1.59 (Q4 2023) and 1.19 (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 285.66 Bn | 285.66 Bn | 890.00 Mn | - |
| 2 | Nextera Energy | 159.27 Bn | 160.17 Bn | - | - |
| 3 | Southern | 96.02 Bn | 87.08 Bn | 5.92 Bn | 1.46 |
| 4 | Duke Energy | 88.50 Bn | 87.10 Bn | 6.74 Bn | 1.82 |
| 5 | National Grid | 78.31 Bn | 59.83 Bn | - | - |
| 6 | American Electric Power | 65.19 Bn | 63.57 Bn | 3.84 Bn | - |
| 7 | Dominion Energy | 53.46 Bn | 56.14 Bn | - | 0.58 |
| 8 | Sempra | 51.03 Bn | 50.16 Bn | 2.89 Bn | - |
| 9 | Entergy | 46.86 Bn | 36.05 Bn | - | 1.65 |
| 10 | Txnm Energy | 6.50 Bn | 6.48 Bn | 384.42 Mn | 1.52 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.52 |
| Mar 31, 2026 | 0.08 |
| Dec 31, 2025 | -0.22 |
| Sep 30, 2025 | 3.03 |
| Jun 30, 2025 | 0.57 |
| Mar 31, 2025 | 0.24 |
| Dec 31, 2024 | 0.45 |
| Sep 30, 2024 | 3.74 |
| Jun 30, 2024 | 1.37 |
| Mar 31, 2024 | 1.35 |
| Dec 31, 2023 | -1.59 |
| Sep 30, 2023 | 1.19 |
| Jun 30, 2023 | 1.43 |
| Mar 31, 2023 | 1.74 |
| Dec 31, 2022 | 0.53 |
| Sep 30, 2022 | 4.09 |
| Jun 30, 2022 | 0.51 |
| Mar 31, 2022 | 0.53 |
| Dec 31, 2021 | 0.40 |
| Sep 30, 2021 | 4.01 |
API Access
Txnm Energy Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=TXNM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "TXNM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=TXNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();