AP NEWS

Pinnacle West Declares Quarterly Dividend

December 19, 2018

PHOENIX--(BUSINESS WIRE)--Dec 19, 2018--Pinnacle West Capital Corporation’s (NYSE: PNW) Board of Directors today declared a quarterly dividend of $0.7375 per share of common stock, payable on March 1, 2019, to shareholders of record on Feb. 1, 2019.

Pinnacle West Capital Corp., an energy holding company based in Phoenix, has consolidated assets of almost $18 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:https://www.businesswire.com/news/home/20181219005794/en/

CONTACT: Media Contact: Alan Bunnell (602) 250-3376

Analyst Contact: Stefanie Layton (602) 250-4541

Website:pinnaclewest.com

KEYWORD: ARIZONA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: UTILITIES ENERGY

SOURCE: Pinnacle West Capital Corporation

Copyright Business Wire 2018.

PUB: 12/19/2018 04:00 PM/DISC: 12/19/2018 04:01 PM

http://www.businesswire.com/news/home/20181219005794/en

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