Pinnacle West Capital (PNW) Raises Quarterly Dividend 2.4% to $0.85; 5.3% Yield
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Pinnacle West Declares Quarterly Dividend
November 4, 2021 6:29 PM EDTCompany to Provide Update to Long-Term Financial Outlook on Nov. 5 Earnings Call
PHOENIX--(BUSINESS WIRE)-- Pinnacle West Capital Corporations (NYSE: PNW) board of directors voted today to raise the Companys dividend by 2.4 percent, or 8 cents per common share annually. This action will result in an indicated annual dividend of $3.40 per share or $0.85 per share quarterly. The declared quarterly dividend is payable Dec. 1, 2021, to shareholders of record at the close of business Nov. 16, 2021.
Despite recent state regulatory decisions and uncertainty that has made it difficult to deliver... More
