Pinnacle West Capital (PNW) Raises Quarterly Dividend 5% to $0.625; 3.8% Yield

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Pinnacle West Increases Quarterly Dividend

October 21, 2015 5:00 PM EDT

Third-Quarter Earnings Conference Call Scheduled for Oct. 30

PHOENIX--(BUSINESS WIRE)-- Pinnacle West Capital Corporations (NYSE: PNW) Board of Directors voted today to raise the Companys dividend by 5.04 percent, or 12 cents per common share annually. This action will result in an indicated annual dividend of $2.50 per share or $0.6250 per share quarterly. The declared dividend is payable December 1, 2015, to shareholders of record on November 2, 2015.

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