Pinnacle West Declares Quarterly Dividend
PHOENIX--(BUSINESS WIRE)-- Pinnacle West Capital Corporations (NYSE: PNW) Board of Directors today declared a quarterly dividend of $0.525 per share of common stock, payable on September 4, 2012, to shareholders of record on August 1, 2012.
Pinnacle West Capital (PNW), an energy holding company based in Phoenix, has consolidated assets of about $13.2 billion, more than 6,300 megawatts of generating capacity and about 6,700 employees in Arizona and New Mexico. Through its principal subsidiary, Arizona Public Service , the Company provides retail electricity service to more than 1.1 million Arizona homes and businesses. For more information about Pinnacle West, visit the Companys website at pinnaclewest.com.
Pinnacle West Capital Corp.
Dan Wool, 602-250-3127
Rebecca Hickman, 602-250-5668
Source: Pinnacle West Capital Corp.Copyright Business Wire 2012