DIVIDEND ANNOUNCEMENT: Pinnacle West Capital Corp (NYSE:PNW) on 10/18/2023 declared a dividend of $0.8800 per share

Pinnacle West Capital Corp (NYSE:PNW) on 10/18/2023 declared a dividend of $ 0.8800 per share payable on December 01, 2023 to shareholders of record as of November 01, 2023. Dividend amount recorded is an increase of $ 0.015 from last dividend Paid.

Pinnacle West Capital Corp (NYSE:PNW) has paid dividends since 1993, has a current dividend yield of 4.5211029053% and has increased its dividends for 11 successive years.

Pinnacle West Capital Corp's market cap is $ 8,661,359,280 and has a PE ratio of 21.44. The stock price closed yesterday at $ 76.53 and has a 52 week low/high of $ 62.39 and $ 86.03.

Pinnacle West Capital is a holding company. Through its subsidiary, Arizona Public Service Company, a vertically-integrated electric utility, Co. provides either retail or wholesale electric service to several of the state of Arizona, with the main exceptions of about one-half of the Phoenix metropolitan area, the Tucson metropolitan area and Mohave County in northwestern Arizona. Co.'s reportable business segment is its regulated electricity segment, which consists of regulated retail and wholesale electricity businesses (primarily sales supplied under traditional cost-based rate regulation) and related activities and includes electricity generation, transmission and distribution.

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