Pinnacle West Capital Corp (PNW)

Invested in mid-June in direct stock purchase plan through BNYMELLON and no transaction fee. Pays around a 6.5% dividend yield and is discontinuing much of its non-utility related businesses which have been a drag on earnings. Also, I can't remember where, but I read an article I clicked on at the Yahoo!Finance page a while back that said they had plans to build the world's largest solar power generation plant, which is supposed to power something like 70,000 homes. I like that. Rated three stars by Standard & Poors. Nice dividend and a direct stock purchase plan with a minimum initial investment of only $50 and no transaction fee.

P/E ratio of $135.

Nice company with great consistent div. Cash and debt look great. Div should continue. Doesnt move much price wise. nice safe investment that should edge slightly higher than the S&P. The price is a bit depressed at the moment. Should beat S&P during the price recovery.

Safe High Yield

dividends pay out too much for low price

6.5% yield, well covered currently, they do raise it slowly. I don't like the real estate exposure so this will lag a little behind straight utilities will be the safe haven of choice for retirees who don't want bonds and money market accounts.

They are in a great position to capitalize on the growing alternative fuels market of SW USA. They are also priced at a value right now due to the ignorance of the Arizona Corporation Commission. This is a definate buy and hold.

Trading at the low end of it's historical price to book value, this utility offers a nice dividend and 25%+ upside potential in the next year. Stock has been overly beaten down due to it's real estate ops, but that seems to be more than factored into today's price.

Since I only do this on sundays...
I used Bates' DDM and project 50.44 for this stock. I undertook my investigation of the electric utilities sector starting with the idea that this is a mature sector, probably the first to get out of any slump.

Has possabilities energy stocks should start to rise and this co. is really moving in all Green directions wind and solar and Natural gas.

#22 yield in S & P 500 as of 04/01/08.

This CAPS account is tracking the 200 highest yielding S&P stocks.

Hilary Kramer pick 10/15/07

This stock has been beaten up so that it should outperform from here. It needs some good newa on the nuclear front which may take some time to develope but you are compensated while you wait.

High OM. Div. Yield above industry average.

At 52 week low and you'll get over 5% dividend while you wait.

overly punished by its realestate holdings. will rebound

Growth in the Southwest will continue to fuel the growth of this company for many years.

Nice boring utility company with a good dividend, currently $2/share and expected to rise to $2.13 in 2007
current yield 4.4%, 1 year dividend change 5.3%, 10 year annualized div growth 7.2% Figures from TMF dividend investor http://www.fool.com/news/commentary/2006/commentary06083011.htm Projected sales growth of 5.5% over the next 5 years.

OWNED COMPANIES
Arizona Public Service (APS) provides electricity for most of Arizona and alos sells power to other western states. Concerns are their Palo Verde nuclear plant which has already come under scrutiny after a series of operational problems in the past two years that caused prolonged outages. The outages have cost at least $45 million to buy power on the open market to make up for lost generation. "They have had a problem with human performance, and in properly identifying problems and finding resolution" over the past few years, said Nuclear Regulatory Commission spokesman Victor Dricks, referring to APS. While Dricks said the NRC may put Palo Verde on extra watch, the plant is not a danger to public safety and is operating safely. (http://biz.yahoo.com/seekingalpha/061120/20935_id.html?.v=1) PNW runs 3 of the 103 US nuclear plants with Palo verde being the largest in the US. Pending rate hike request expected for January 1, 2007 which could be catalyst for moving the stock price out of the $38-$48 range it's been stuck in the last 2 years.

"APS Energy Services offers a full complement of services ranging from consultative and design-build customized solutions to make improving your business easy and painless. Our energy experts will evaluate your business facilities' overall system and design projects to focus on a complete solution and follow through with expert installation. Services include: Energy Master Plan, Renewable technologies
Investment-grade facility analysis, Equipment sales and installation, Comprehensive engineering and design, Project Management, Energy management systems, Construction Management, Cogeneration, Customized financing, Energy Information System" http://www.apses.com
APSES recently built a Nevada's first biomass generator at at school in Ely NV as part of Fuels for Schools program. The generator uses woodchips from fire reduction programs in the state.

Suncor Development designs and builds high end residential, commercial and golf facilities integrating energy systems into the design. http://www.suncoraz.com

Eldorado is a venture capital and investment firm specializiing in the deregulated energy sector. "Our primary strategy is to invest in start-up, development stage and rapid expansion phase opportunities that complement the core electricity generating, distributing and marketing businesses of Pinnacle West. Typical investments range from $1 million to $5 million resulting in minority equity stakes in each portfolio company."
http://www.pinnaclewest.com/main/pnw/AboutUs/ElDorado/default.html