Pinnacle West Capital (PNW) Raises Quarterly Dividend 7.3% to $0.88; 4.6% Yield

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Pinnacle West Declares Quarterly Dividend

October 18, 2023 4:30 PM EDT

Third-Quarter Financial Results, Conference Call Scheduled for Nov. 2

PHOENIX--(BUSINESS WIRE)-- Pinnacle West Capital Corporations (NYSE: PNW) board of directors voted today to raise the Companys dividend by about 1.7%, or 6 cents per common share annually. This action will result in an indicated annual dividend of $3.52 per share or $0.88 per share quarterly. The declared quarterly dividend is payable Dec. 1, 2023, to shareholders of record at the... More