Third-Quarter Earnings Conference Call Scheduled for November 3
PHOENIX--(BUSINESS WIRE)--
Pinnacle West Capital Corporation’s (NYSE: PNW) Board of Directors voted
today to raise the Company’s dividend by 4.8 percent, or 12 cents per
common share annually. This action will result in an indicated annual
dividend of $2.62 per share – or $0.655 per share quarterly. The
declared dividend is payable December 1, 2016, to shareholders of record
on November 1, 2016.
Earnings Release, Webcast and Conference Call
In addition, as previously announced, Pinnacle West plans to release its
2016 third-quarter financial results before the U.S. financial markets
open on Thursday, November 3, 2016.
That same day at 12 noon (ET), the Company also will host a live webcast
of management’s conference call to discuss the Company’s results, as
well as recent developments. A replay of the webcast can be accessed at pinnaclewest.com/presentations.
To access the live conference call by telephone, dial (877) 407-8035 or
(201) 689-8035 for international callers. A replay of the call also will
be available until 11:59 p.m. (ET), Thursday, November 10, 2016, by
calling (877) 660-6853 in the U.S. and Canada or (201) 612-7415
internationally and entering conference ID number 10086.
Pinnacle
West Capital Corp., an energy holding company based in Phoenix, has
consolidated assets of approximately $15 billion, about 6,200 megawatts
of generating capacity and 6,400 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.
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Source: Pinnacle West Capital Corp.