Pinnacle West Capital (PNW) Raises Quarterly Dividend 6.1% to $0.695; 3.2% Yield

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Pinnacle West Increases Quarterly Dividend

October 18, 2017 5:52 PM EDT

Third-Quarter Earnings Conference Call Scheduled for Nov. 3

PHOENIX--(BUSINESS WIRE)-- Pinnacle West Capital Corporations (NYSE: PNW) board of directors voted today to raise the Companys dividend by 6.1 percent, or 16 cents per common share annually. This action will result in an indicated annual dividend of $2.78 per share or $0.695 per share quarterly. The declared quarterly dividend is payable Dec. 1, 2017, to shareholders of record on Nov. 1, 2017.... More