Pinnacle West Declares Quarterly Dividend; Announces Third-Quarter Conference Call

• Press Release
• Source: Pinnacle West Capital Corporation
• On 5:00 pm EDT, Wednesday October 21, 2009

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corporation’s (NYSE: PNW - News) Board of Directors today declared a quarterly dividend of $0.525 per share of common stock, payable on December 1, 2009, to shareholders of record on November 2, 2009.

Related Quotes

Symbol	Price	Change
PNW	35.35	+0.38

{"s" : "pnw","k" : "c10,l10,p20,t10","o" : "","j" : ""}

In addition, Pinnacle West plans to release its 2009 third-quarter results on Thursday, October 29, 2009. That same day at 12:00 noon (ET), the Company invites interested parties to listen to a live web cast of management’s conference call to discuss results and recent developments.

The web cast can be accessed at www.pinnaclewest.com/presentations and will be available for replay on the web site for 30 days. To access the live conference call by telephone, dial (877) 356-3961 and enter Conference ID 16246283. A replay of the call also will be available until 11:55 p.m. (ET), Friday, November 6, 2009, by calling (800) 642-1687 in the U.S. and Canada or (706) 645-9291 internationally and entering the same Conference ID number as above.

Pinnacle West is a Phoenix-based company with consolidated assets of about $12 billion. Through its subsidiaries, the Company generates, sells and delivers electricity and sells energy-related products and services to retail and wholesale customers in the western United States.

Pinnacle West Capital Corporation
Media Contact:
Alan Bunnell, 602-250-3376
or
Analyst Contact:
Rebecca Hickman, 602-250-5668
Web site: www.pinnaclewest.com