PNW Pinnacle West Capital dividend history, payout ratio & dates
Pinnacle West Capital's latest cash dividend of $0.895 per share was issued to shareholders on record before Nov 4, 2024. The dividend distribution stands at $3.54 per share annually, which comes to a dividend yield of 4.16%. The latest PNW dividend of $0.895 is an increase from the previous $0.88 payout, representing a growth of 1.7%.
Key dates
- PNW last dividend date: Nov 4, 2024
PNW dividend stats
vs. Utilities sector
Dividend yield
Pinnacle West Capital's dividend yield of 4.16% is above the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 3.23%, Pinnacle West Capital's dividend yield is 29% higher. The current dividend yield is similar to the historical average of 4.4% of the last 5 years.
Dividend history
Pinnacle West Capital has been paying dividends for the last 30 years. Our records show that PNW has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 1.7% for the last twelve months. However with the price of the stock up by 20% from a year ago, the dividend yield has decreased by 15%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 4, 2024 | $0.895 | 4.12% |
| Aug 1, 2024 | $0.88 | 4% |
| Apr 30, 2024 | $0.88 | 4.76% |
| Jan 31, 2024 | $0.88 | 5.07% |
| Oct 31, 2023 | $0.88 | 4.68% |
| Jul 31, 2023 | $0.865 | 4.18% |
| Apr 28, 2023 | $0.865 | 4.39% |
| Jan 31, 2023 | $0.865 | 4.6% |
| Oct 31, 2022 | $0.865 | 5.08% |
| Jul 29, 2022 | $0.85 | 4.63% |
| Apr 29, 2022 | $0.85 | 4.75% |
| Jan 31, 2022 | $0.85 | 4.83% |
| Nov 15, 2021 | $0.85 | 5.07% |
| Jul 30, 2021 | $0.83 | 3.97% |
| Apr 30, 2021 | $0.83 | 3.87% |
| Jan 29, 2021 | $0.83 | 4.29% |
| Oct 30, 2020 | $0.83 | 3.9% |
| Jul 31, 2020 | $0.783 | 3.77% |
| May 1, 2020 | $0.783 | 4.16% |
| Jan 31, 2020 | $0.783 | 3.11% |
| Nov 1, 2019 | $0.783 | 3.2% |
| Jul 31, 2019 | $0.738 | 3.23% |
| Apr 30, 2019 | $0.738 | 3.05% |
| Jan 31, 2019 | $0.738 | 3.25% |
| Oct 31, 2018 | $0.738 | 3.43% |
| Jul 31, 2018 | $0.695 | 3.46% |
| Apr 30, 2018 | $0.695 | 3.4% |
| Jan 31, 2018 | $0.695 | 3.38% |
| Oct 31, 2017 | $0.695 | 3.03% |
| Jul 28, 2017 | $0.655 | 3.04% |
| Apr 27, 2017 | $0.655 | 3.01% |
| Jan 30, 2017 | $0.655 | 3.35% |
| Oct 28, 2016 | $0.655 | 3.39% |
| Jul 28, 2016 | $0.625 | 3.19% |
| Apr 28, 2016 | $0.625 | 3.45% |
| Jan 28, 2016 | $0.625 | 3.77% |
| Oct 29, 2015 | $0.625 | 3.82% |
| Jul 30, 2015 | $0.595 | 3.88% |
| Apr 30, 2015 | $0.595 | 3.84% |
| Jan 29, 2015 | $0.595 | 3.25% |
Pinnacle West Capital dividend payout ratio
Payout ratio
Pinnacle West Capital's payout ratio of 65.3% is above the Utilities sector average but below the industry and its peers average. But compared to its Utilities sector average of 63.3%, Pinnacle West Capital's payout ratio is only 3.2% higher.
Total amount of dividends paid per financial year (from cash flow)
PNW dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AVA Avista Corp | 5.25% | $1.9 | 75.4% |
| NWE Northwestern Corp | 4.94% | $2.6 | 70.1% |
| PNW Pinnacle West Capital Corp | 4.16% | $3.54 | 65.3% |
| EIX Edison International | 3.92% | $3.12 | 91.2% |
| XEL Xcel Energy Inc | 3.21% | $2.16 | 64.2% |
| IDA Idacorp Inc | 3.08% | $3.35 | 61.8% |
Frequently asked questions
Does Pinnacle West Capital pay a dividend?
Yes, Pinnacle West Capital has paid four dividends in the last twelve months. PNW has been paying dividends since 1994.
When was PNW's last dividend?
Pinnacle West Capital's last regular dividend was on Nov 4, 2024 (ex-date) with the amount of $0.895 per share.
How much dividend does Pinnacle West Capital pay (per share)?
PNW has paid dividend of $3.54 per share in the last year.
What is Pinnacle West Capital's dividend yield?
Currently Pinnacle West Capital's dividend yield is 4.16%.
How often does Pinnacle West Capital pay dividends?
Pinnacle West Capital pays four dividends per year.
What is Pinnacle West Capital's dividend payout ratio?
Pinnacle West Capital's dividend payout ratio is 65.3%.
Does Pinnacle West Capital pay a good dividend?
Pinnacle West Capital's dividend yield is above the Utilities sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.