Phoenix's Pinnacle West Capital Corp. declares quarterly dividend


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Pinnacle West Capital Corporation recently announced a quarterly dividend of $0.625 per share of common stock, payable Sept. 1 this year, to shareholders of record on Aug. 1.

Pinnacle West Capital Corp., an energy holding company based in Phoenix, holds consolidated assets of approximately $15 billion, The company generates approximately 6,200 megawatts of capacity and has 6,400 employees in Arizona and New Mexico.

Through Arizona Public Service, its principal subsidiary, Pinnacle West provides electricity to nearly 1.2 million Arizona homes and businesses.

For more than 125 years, Pinnacle West and its affiliates have provided energy and related products and services throughout Arizona. Most revenues are derived from Arizona Public Service (APS), which provides retail or wholesale electric service to most of Arizona. APS also co-owns and operates the Palo Verde Nuclear Generating Station.

For more information about Pinnacle West, visit the company’s website at pinnaclewest.com.

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Organizations in this Story

Arizona Investment Council Pinnacle West Capital

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