news-release-details

Pinnacle West Declares Quarterly Dividend

04/18/2018

First-Quarter Earnings Conference Call Scheduled for May 2

PHOENIX--(BUSINESS WIRE)-- Pinnacle West Capital Corporation’s (NYSE: PNW) board of directors today declared a quarterly dividend of $0.695 per share of common stock, payable on June 1, 2018, to shareholders of record on May 1, 2018.

Earnings Release, Webcast and Conference Call

In addition, as previously announced, Pinnacle West plans to release its 2018 first-quarter results before the U.S. financial markets open on Wednesday, May 2, 2018.

That same day at noon ET (9 a.m. Arizona time), the Company 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), Wednesday, May 9, 2018, by calling (877) 481-4010 in the U.S. and Canada or (919) 882-2331 internationally and entering conference ID number 27282.

Pinnacle West Capital Corp., an energy holding company based in Phoenix, has consolidated assets of about $17 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.

Source: Pinnacle West Capital Corp.

Pinnacle West Capital Corp.

Media Contact:

Alan Bunnell (602) 250-3376

Analyst Contacts:

Stefanie Layton (602) 250-4541

Chalese Haraldsen (602) 250-5643

Website: pinnaclewest.com

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