PHOENIX--(BUSINESS WIRE)-- Pinnacle West Capital Corporation’s (NYSE: PNW) Board of Directors today declared a quarterly dividend of $0.655 per share of common stock, payable on Sept. 1, 2017, to shareholders of record on Aug. 1, 2017.

Pinnacle West Capital Corp., an energy holding company based in Phoenix, has consolidated assets of nearly $16 billion, about 6,200 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: http://www.businesswire.com/news/home/20170621006371/en/

Source: Pinnacle West Capital Corp.