Pinnacle West Capital Corporation (PNW) Ex-Dividend Date Scheduled for July 30, 2013

By
A A A

Pinnacle West Capital Corporation ( PNW ) will begin trading ex-dividend on July 30, 2013. A cash dividend payment of $0.545 per share is scheduled to be paid on September 03, 2013. Shareholders who purchased PNW stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that PNW has paid the same dividend. At the current stock price of $59.67, the dividend yield is 3.65%.

The previous trading day's last sale of PNW was $59.67, representing a -3.59% decrease from the 52 week high of $61.89 and a 22.45% increase over the 52 week low of $48.73.

PNW is a part of the Public Utilities sector, which includes companies such as Southern Company ( SO ) and NextEra Energy, Inc. ( NEE ). PNW's current earnings per share, an indicator of a company's profitability, is $3.74. Zacks Investment Research reports PNW's forecasted earnings growth in 2013 as 3.38%, compared to an industry average of 5.8%.

For more information on the declaration, record and payment dates, visit the PNW Dividend History page.

Interested in gaining exposure to PNW through an Exchange Traded Fund [ETF]?
The following ETF(s) have PNW as a top-10 holding:

  • First Trust Utilities AlphaDEX Fund ( FXU )
  • Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU )
  • PowerShares S&P 500 Low Volatility Portfolio ETF ( SPLV )
  • First Trust Value Line Dividend Index Fund ( FVD ).

The top-performing ETF of this group is FVD with an increase of 9.02% over the last 100 days. FXU has the highest percent weighting of PNW at 3.11%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Stocks

Referenced Stocks: FVD , FXU , NEE , PNW , RYU , SO , SPLV

NASDAQ.com News

NASDAQ.com News

More from NASDAQ.com News:

Related Videos

Stocks

Referenced

Most Active by Volume

48,099,947
  • $16.09 ▲ 0.50%
40,277,806
  • $102.50 ▲ 0.24%
40,236,499
  • $19.57 ▲ 2.35%
31,092,510
  • $49.75 ▲ 0.65%
30,795,218
  • $34.92 ▲ 0.78%
29,910,855
  • $3.63 ▲ 0.83%
24,019,154
  • $13.06 ▼ 0.38%
23,753,906
  • $74.82 ▲ 1.31%
As of 8/29/2014, 04:04 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com