Pinnacle West Capital (PNW) Raises Quarterly Dividend 4.8% to $0.655; 3.5% Yield
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Pinnacle West Increases Quarterly Dividend
October 20, 2016 5:07 PM EDTThird-Quarter Earnings Conference Call Scheduled for November 3
PHOENIX--(BUSINESS WIRE)-- Pinnacle West Capital Corporations (NYSE: PNW) Board of Directors voted today to raise the Companys dividend by 4.8 percent, or 12 cents per common share annually. This action will result in an indicated annual dividend of $2.62 per share or $0.655 per share quarterly. The declared dividend is payable December 1, 2016, to shareholders of record on November 1, 2016.
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