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Pinnacle West Declares Quarterly Dividend

December 19, 2019 GMT

PHOENIX--(BUSINESS WIRE)--Dec 19, 2019--

Pinnacle West Capital Corporation’s (NYSE: PNW) board of directors today declared a quarterly dividend of $0.7825 per share of common stock, payable on Mar. 2, 2020, to shareholders of record on Feb. 3, 2020.

Pinnacle West Capital Corp., an energy holding company based in Phoenix, has consolidated assets of about $18 billion, about 6,000 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:https://www.businesswire.com/news/home/20191218005838/en/

CONTACT: Media Contact:

Jenna Rowell, (602) 250-3379Analyst Contact:

Stefanie Layton, (602) 250-4541Website:pinnaclewest.com

KEYWORD: ARIZONA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: ENERGY OTHER ENERGY UTILITIES

SOURCE: Pinnacle West Capital Corporation

Copyright Business Wire 2019.

PUB: 12/19/2019 12:47 AM/DISC: 12/19/2019 12:47 AM

http://www.businesswire.com/news/home/20191218005838/en