SEC Filing Summary: PNM Resources, Inc. (Form 8-K)
Business Context and Reporting Period
This Current Report (Form 8-K) was filed on December 11, 2002, regarding events occurring on December 10, 2002. PNM Resources, Inc. is an energy holding company based in Albuquerque, New Mexico. Its principal subsidiary, PNM, provides natural gas service to 439,637 customers and electric utility service to 385,468 customers in New Mexico, while also selling power on the wholesale market in the Western U.S.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only financial data disclosed relates to dividend policy:
- Quarterly Dividend: $0.22 per share on common stock.
- Indicated Annual Dividend: $0.88 per share.
- Record Date: February 3, 2003.
- Payment Date: February 14, 2003.
Material Changes
The filing reports the declaration of a regular quarterly dividend. No material changes to operations, financial condition, or capital structure other than the dividend declaration are disclosed in this report.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future performance, specific risk factors, or contingencies. The document is limited to the announcement of the dividend payment schedule.
Key Facts for Investor Verification
- Verify the ex-dividend date to determine eligibility for the $0.22 per share payment.
- Confirm the company's ability to maintain the indicated annual dividend of $0.88 per share in subsequent quarters.
- Review the company's most recent 10-K or 10-Q for comprehensive financial health data, as this 8-K does not contain balance sheet or income statement figures.