APS declares quarterly dividends on preferred stock.PHOENIX--(BUSINESS WIRE)--June 18, 1996--The APS board of directors declared quarterly dividends at the regular rate on 11 outstanding issues of cumulative preferred stock Cumulative preferred stock Preferred stock whose dividends accrue, should the issuer not make timely dividend payments. Related: Non-cumulative preferred stock. Tuesday (June 18). Additionally, a quarterly dividend of $1.5000 per share was declared on the company's adjustable rate cumulative preferred stock, Series Q. Preferred dividends are payable Sept. 1, 1996, to shareholders of record at the close of business Aug. 1, 1996. APS is a subsidiary of Pinnacle West Capital Corp. (NYSE NYSE See: New York Stock Exchange :PNW PNW Pacific Northwest PNW Palestinian Airlines (ICAO code) PNW Probes Northwest (Ford Probe owners club) PNW Prescott and Northwestern Railroad Company PNW Printer Not Working PNW Personal Netware ), a Phoenix based holding company. CONTACT: Arizona Public Service Arizona Public Service Company is the largest electric utility in Arizona and the principal subsidiary of publicly-traded S&P 500 member Pinnacle West Capital Corporation (NYSE: PNW), which in turn had been formerly named AZP Group , Phoenix Sally Stewart, 602/250-3261 |
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