In addition, last November PNM formed a new firm with Cascade Investment, BillGatesBill Gates' investment company, which will own and operate unregulated power plants in the Southwest, including Texas.

FORBES: Magazine Article

In addition, last November PNM formed a new firm with Cascade Investment, Bill Gates ' investment company, which will own and operate unregulated power plants in the Southwest, including Texas.

FORBES: TXU Has Competitors

Below is a long-term dividend history chart for PNM, which Dividend Channel stressed as being of key importance.

FORBES: This Utility Has A 3.22% Yield And Sells For Less Than Book