Company: Pinnacle West Capital Corp. (PNW)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Pinnacle West is a holding company whose principal subsidiary is Arizona Public Service, a vertically integrated electric utility that serves 1.4 million customers across a 35,000-square-mile territory in central Arizona, including Phoenix. APS owns or leases more than 6 gigawatts of power generation capacity, including a 29% ownership stake in the largest nuclear plant in the US, Palo Verde. About half of the electricity that APS supplies to customers comes from clean energy sources, including nuclear. -Morningstar.com-
Symbol: PNW
Recent Price: $85.89
Dividends: $3.52
Yield: 4.10%
Sector: Utilities
Industry: Utilities-Regulated Electric
Address & Company Phone #: 400 North Fifth St. Phoenix AZ 85072-3999, 602-250-1000
Transfer Agent: Computershare 800-457-2983
Moody’s Rating: Baa1
Minimum & Maximum Investment: $1 – $150,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $50
Fees: Div.: $0 Cash: $0 Cert: $0 Sells: by Phone, Mail, Fax or Internet for $10+10¢/sh.
52 Week High & Low: $86.03, $65.20