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

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 Nasdaq, Inc.


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

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