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Pinnacle West Declares Quarterly Dividend

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Pinnacle West Capital Corporation (NYSE: PNW) declares a quarterly dividend of $0.88 per share of common stock, payable on March 1, 2024. The energy holding company, based in Phoenix, has consolidated assets of approximately $24 billion.
Positive
  • The quarterly dividend of $0.88 per share shows a commitment to rewarding shareholders.
  • The consolidated assets of approximately $24 billion indicate a strong financial position for the company.
Negative
  • None.

PHOENIX--(BUSINESS WIRE)-- Pinnacle West Capital Corporation’s (NYSE: PNW) board of directors today declared a quarterly dividend of $0.88 per share of common stock, payable on March 1, 2024, to shareholders of record at the close of business on Feb. 1, 2024.

Pinnacle West Capital Corp., an energy holding company based in Phoenix, has consolidated assets of approximately $24 billion, about 6,500 megawatts of generating capacity and nearly 5,900 employees in Arizona and New Mexico. Through its principal subsidiary, Arizona Public Service, the company provides retail electricity service to approximately 1.4 million Arizona homes and businesses. For more information about Pinnacle West, visit the company’s website at pinnaclewest.com.

Media Contact: Alan Bunnell (602) 250-3376

Analyst Contact: Amanda Ho (602) 250-3334

Website: pinnaclewest.com

Source: Pinnacle West Capital Corporation

FAQ

What is the latest dividend declared by Pinnacle West Capital Corporation (NYSE: PNW)?

Pinnacle West Capital Corporation (NYSE: PNW) has declared a quarterly dividend of $0.88 per share of common stock, payable on March 1, 2024.

When will the latest dividend be payable to shareholders of Pinnacle West Capital Corporation (NYSE: PNW)?

The latest dividend declared by Pinnacle West Capital Corporation (NYSE: PNW) will be payable on March 1, 2024.

What are the consolidated assets of Pinnacle West Capital Corporation (NYSE: PNW)?

Pinnacle West Capital Corporation (NYSE: PNW) has consolidated assets of approximately $24 billion.

Where is Pinnacle West Capital Corporation (NYSE: PNW) based?

Pinnacle West Capital Corporation (NYSE: PNW) is an energy holding company based in Phoenix.

Pinnacle West Capital Corporation

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3.59%
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