PNFP Pinnacle Financial Partners dividend history, payout ratio & dates
Pinnacle Financial Partners's most recent dividend was on Nov 1, 2024 (ex-date) with a cash dividend payment of $0.22 per share. On an annualized basis, the company has a current payout of $0.88 per share. This brings the dividend yield to 0.78% based on its recent close price.
Key dates
- PNFP last dividend date: Nov 1, 2024
PNFP dividend stats
vs. Financial Services sector
Dividend yield
PNFP has a dividend yield of 0.78% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.77%, Pinnacle Financial Partners's dividend yield is 72% lower. The historical 5-year average of PNFP's dividend yield is 1.1%, which is higher than the current one.
Dividend history
Pinnacle Financial Partners has been paying dividends since 2013. PNFP has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. But since the stock price has gone up by 31% from a year ago, the dividend yield has decreased by 24%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 1, 2024 | $0.22 | 0.84% |
| Aug 2, 2024 | $0.22 | 1% |
| May 2, 2024 | $0.22 | 1.09% |
| Feb 1, 2024 | $0.22 | 1.07% |
| Nov 2, 2023 | $0.22 | 1.33% |
| Aug 3, 2023 | $0.22 | 1.19% |
| May 4, 2023 | $0.22 | 1.91% |
| Feb 2, 2023 | $0.22 | 1.07% |
| Nov 3, 2022 | $0.22 | 1.09% |
| Aug 4, 2022 | $0.22 | 1.06% |
| May 5, 2022 | $0.22 | 1.01% |
| Feb 3, 2022 | $0.22 | 0.79% |
| Nov 4, 2021 | $0.18 | 0.73% |
| Aug 5, 2021 | $0.18 | 0.76% |
| May 6, 2021 | $0.18 | 0.77% |
| Feb 4, 2021 | $0.18 | 0.9% |
| Nov 5, 2020 | $0.16 | 1.41% |
| Aug 6, 2020 | $0.16 | 1.58% |
| Apr 30, 2020 | $0.16 | 1.59% |
| Feb 6, 2020 | $0.16 | 1.05% |
| Oct 31, 2019 | $0.16 | 1.09% |
| Aug 1, 2019 | $0.16 | 1.11% |
| May 2, 2019 | $0.16 | 1.06% |
| Jan 31, 2019 | $0.16 | 1.12% |
| Nov 1, 2018 | $0.16 | 1.1% |
| Aug 2, 2018 | $0.14 | 0.88% |
| May 3, 2018 | $0.14 | 0.89% |
| Feb 1, 2018 | $0.14 | 0.88% |
| Nov 2, 2017 | $0.14 | 0.85% |
| Aug 2, 2017 | $0.14 | 0.87% |
| May 3, 2017 | $0.14 | 0.87% |
| Feb 1, 2017 | $0.14 | 0.85% |
| Nov 2, 2016 | $0.14 | 1.13% |
| Aug 3, 2016 | $0.14 | 1.04% |
| May 4, 2016 | $0.14 | 1.1% |
| Feb 3, 2016 | $0.14 | 1.05% |
| Nov 4, 2015 | $0.12 | 0.89% |
| Aug 5, 2015 | $0.12 | 0.84% |
| Apr 29, 2015 | $0.12 | 0.82% |
| Feb 4, 2015 | $0.12 | 0.96% |
Pinnacle Financial Partners dividend payout ratio
Payout ratio
PNFP has a payout ratio of 16.6% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 44.2%, Pinnacle Financial Partners's payout ratio is 62% lower.
Total amount of dividends paid per financial year (from cash flow)
PNFP dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| RF Regions Financial Corp | 4.12% | $0.98 | 55.4% |
| FHN First Horizon Corp | 3.01% | $0.6 | 43.2% |
| CFR Cullen/Frost Bankers Inc | 2.81% | $3.74 | 46.4% |
| TRMK Trustmark Corp | 2.58% | $0.92 | 27.7% |
| RNST Renasant Corp | 2.49% | $0.88 | 28.7% |
| WFC Wells Fargo & Company | 2.13% | $1.5 | 30.7% |
| PNFP Pinnacle Financial Partners Inc | 0.78% | $0.88 | 16.6% |
Frequently asked questions
Does Pinnacle Financial Partners pay a dividend?
Yes, Pinnacle Financial Partners has paid four dividends in the last twelve months. PNFP has been paying dividends since 2013.
When was PNFP's last dividend?
Pinnacle Financial Partners's last dividend ex-date was on Nov 1, 2024. The dividend amount was $0.22 per share.
How much dividend does Pinnacle Financial Partners pay (per share)?
On an annual basis PNFP pays $0.88 per share.
What is Pinnacle Financial Partners's dividend yield?
Currently Pinnacle Financial Partners's dividend yield is 0.78%.
How often does Pinnacle Financial Partners pay dividends?
Pinnacle Financial Partners has a quarterly dividend frequency.
What is Pinnacle Financial Partners's dividend payout ratio?
Pinnacle Financial Partners's dividend payout ratio is 16.6%.
Does Pinnacle Financial Partners pay a good dividend?
Pinnacle Financial Partners's dividend yield is lower than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.