Pinnacle West Increases Quarterly Dividend
October 18 2017 - 5:52PM
Business Wire
Third-Quarter Earnings Conference Call
Scheduled for Nov. 3
Pinnacle West Capital Corporation’s (NYSE: PNW) board of
directors voted today to raise the Company’s 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.
Earnings Release, Webcast and Conference CallIn addition,
as previously announced, Pinnacle West plans to release its 2017
third-quarter results before the U.S. financial markets open on
Friday, Nov. 3, 2017.
That same day at noon ET (9 a.m. Arizona time), the Company will
host a live webcast of management’s conference call to discuss the
Company’s results, as well as recent developments. A replay of the
webcast can be accessed at pinnaclewest.com/presentations. To
access the live conference call by telephone, dial (877) 407-8035
or (201) 689-8035 for international callers. A replay of the call
also will be available until 11:59 p.m. (ET), Friday, Nov. 10,
2017, by calling (877) 481-4010 in the U.S. and Canada or (919)
882-2331 internationally and entering conference ID number
20278.
Pinnacle West Capital Corp., an energy holding company based in
Phoenix, has consolidated assets of nearly $17 billion, about 6,200
megawatts of generating capacity and 6,300 employees in Arizona and
New Mexico. Through its principal subsidiary, Arizona Public
Service, the Company provides retail electricity service to nearly
1.2 million Arizona homes and businesses. For more information
about Pinnacle West, visit the Company’s website at
pinnaclewest.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171018006650/en/
Pinnacle West Capital CorporationMedia Contact:Alan Bunnell,
602-250-3376Analyst Contacts:Stefanie Layton, 602-250-4541Chalese
Haraldsen, 602-250-5643Website: pinnaclewest.com
Pinnacle West Capital (NYSE:PNW)
Historical Stock Chart
From Mar 2024 to Apr 2024
Pinnacle West Capital (NYSE:PNW)
Historical Stock Chart
From Apr 2023 to Apr 2024