Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for Pinnacle West Capital Corporation (NYSE: PNW) is Monday, April 29, 2013. Owners of shares as of market close today will be eligible for a dividend of 55 cents per share. At a price of $60.77 as of 9:31 a.m. ET, the dividend yield is 3.6%. The average volume for Pinnacle West has been 686,600 shares per day over the past 30 days. Pinnacle West has a market cap of $6.63 billion and is part of the utilities sector and utilities industry. Shares are up 19.2% year to date as of the close of trading on Thursday. Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the State of Arizona. The company has a P/E ratio of 17.2, below the S&P 500 P/E ratio of 17.7.
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