Business Wire | Jun 23, 2021 07:43PM EDT

Pinnacle West Declares Quarterly Dividend

Jun. 23, 2021

PHOENIX--(BUSINESS WIRE)--Jun. 23, 2021--Pinnacle West Capital Corporation's (NYSE: PNW) board of directors today declared a quarterly dividend of $0.83 per share of common stock, payable on September 1, 2021, to shareholders of record on August 2, 2021.

Pinnacle West Capital Corp., an energy holding company based in Phoenix, has consolidated assets of approximately $20 billion, about 6,300 megawatts of generating capacity and more than 6,000 employees in Arizona and New Mexico. Through its principal subsidiary, Arizona Public Service, the company provides retail electricity service to more than 1.3 million Arizona homes and businesses. For more information about Pinnacle West, visit the company's website at pinnaclewest.com.

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CONTACT: Media Contact: Alan Bunnell (602) 250-3376 Analyst Contact: Stefanie Layton (602) 250-4541 Website: pinnaclewest.com