Pinnacle West Capital (PNW) Raises Quarterly Dividend 6.1% to $0.7375; 3.5% Yield

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Pinnacle West Increases Quarterly Dividend

October 18, 2018 4:42 PM EDT

Third-Quarter Earnings Conference Call Scheduled for Nov. 8

PHOENIX--(BUSINESS WIRE)-- Pinnacle West Capital Corporations (NYSE: PNW) board of directors voted today to raise the Companys dividend by 6.1 percent, or 17 cents per common share annually. This action will result in an indicated annual dividend of $2.95 per share or $0.7375 per share quarterly. The declared quarterly dividend is payable Dec. 3, 2018, to shareholders of record on Nov. 1,... More