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Pinnacle West Capital (PNW) Dividend Yield, Date & History

Pinnacle West Capital logo
$85.61 +0.61 (+0.72%)
(As of 12/24/2024 05:10 PM ET)

Pinnacle West Capital Dividend Summary

Dividend Yield
4.18%
Annual Dividend
$3.58
Next
Dividend Payment
Mar. 3
Dividend Increase
Track Record
13 Years
Annualized 3-Year
Dividend Growth
3.03%
Dividend Payout Ratio
67.80%

Pinnacle West Capital (PNW) pays an annual dividend of $3.58 per share, with a dividend yield of 4.18%. The next quarterly payment of $0.8950 per share is scheduled for Monday, March 3, to investors who own the stock before the ex-dividend date of Monday, February 3. PNW has grown its dividend for 13 consecutive years, with an average annual increase of 1.00%. The company currently pays out 67.80% of its earnings and 22.16% of its cash flow as dividends.

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PNW Dividend Payments by Quarter

The chart below displays up to four years of Pinnacle West Capital's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

PNW Dividend Yield Over Time

The chart below tracks Pinnacle West Capital's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Pinnacle West Capital vs. The Competition

Compare Pinnacle West Capital's annual dividend, yield, and 3-year growth rate with averages for Utilities and NYSE companies to evaluate its performance against the market.

TypePinnacle West CapitalUtilities CompaniesNYSE Companies
Annual Dividend$3.58$0.04$1.39
Dividend Yield4.18%4.13%3.66%
Annualized 3-Year Dividend Growth3.03%1.19%15.74%
Track Record13 years27 years25 years

Pinnacle West Capital Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings67.80%
Based on This Year's Estimate69.65%
Based on Next Year's Estimate79.38%
Based on Cashflow22.16%

Pinnacle West Capital Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/11/2024quarterly$0.8950 - 4.03%2/3/20252/3/20253/3/2025
10/23/2024quarterly$0.8950+$0.0150
1.70%
4.01%11/4/202411/4/202412/2/2024
6/19/2024quarterly$0.88 - 4.71%8/1/20248/1/20249/3/2024
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4/17/2024quarterly$0.88 - 4.89%4/30/20245/1/20246/3/2024
12/13/2023quarterly$0.88 - 4.56%1/31/20242/1/20243/1/2024
10/18/2023quarterly$0.88+$0.0150
1.73%
4.65%10/31/202311/1/202312/1/2023
6/21/2023quarterly$0.8650 - 4.16%7/31/20238/1/20239/1/2023
4/19/2023quarterly$0.8650 - 4.3%4/28/20235/1/20236/1/2023

This table shows Pinnacle West Capital's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Pinnacle West Capital Dividend - Frequently Asked Questions

The current dividend yield for Pinnacle West Capital is 4.18%. Learn more on PNW's dividend yield history.

The annual dividend for PNW shares is $3.58. Learn more on PNW's annual dividend history.

Pinnacle West Capital pays quarterly dividends to shareholders.

Pinnacle West Capital's next quarterly dividend payment of $0.8950 per share will be made to shareholders on Monday, March 3, 2025.

Pinnacle West Capital's most recent quarterly dividend payment of $0.8950 per share was made to shareholders on Monday, December 2, 2024.

Pinnacle West Capital's next ex-dividend date is Monday, February 3, 2025.

Pinnacle West Capital's most recent ex-dividend date was Monday, November 4, 2024.

Over the past three years, the company's dividend has grown by an average of 3.03% per year.

Pinnacle West Capital has increased its dividend for the past 13 consecutive years.

The most recent change in the company's dividend was an increase of $0.0150 on Wednesday, October 23, 2024.

The dividend payout ratio for PNW is:
  • 67.80% based on the trailing year of earnings
  • 69.65% based on this year's estimates
  • 79.38% based on next year's estimates
  • 22.16% based on cash flow

Pinnacle West Capital's dividend yield of 4.23% is higher than the average Utilities company that issues a dividend. The company's 13 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Pinnacle West Capital's dividend payout ratio of 67.80% is at a healthy, sustainable level, below 75% of its earnings. However, based on EPS estimates, PNW will have a less sustainable dividend payout ratio of 79.38% in the coming year.

Looking at the stock as a whole, market analysts rate Pinnacle West Capital stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:PNW) was last updated on 12/25/2024 by MarketBeat.com Staff
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