Pinnacle West Capital's latest cash dividend of $0.88 per share was issued to shareholders on record before Aug 1, 2024. The dividend distribution stands at $3.52 per share annually, which comes to a dividend yield of 4.07%.
Pinnacle West Capital's dividend yield of 4.07% is above the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 3.19%, Pinnacle West Capital's dividend yield is 28% higher. The current dividend yield is below the historical average of 4.3% of the last 5 years.
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 14% from a year ago, the dividend yield has decreased by 11%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
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's payout ratio of 64.6% is below the Utilities sector, the industry and its peers average. But compared to its Utilities sector average of 65%, Pinnacle West Capital's payout ratio is only 0.6% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
AVA Avista Corp | 4.88% | $1.89 | 76% |
NWE Northwestern Corp | 4.53% | $2.59 | 75.5% |
PNW Pinnacle West Capital Corp | 4.02% | $3.52 | 64.6% |
EIX Edison International | 3.65% | $3.12 | 125.3% |
XEL Xcel Energy Inc | 3.4% | $2.16 | 64.6% |
IDA Idacorp Inc | 3.18% | $3.32 | 61.8% |
Yes, Pinnacle West Capital has paid four dividends in the last twelve months. PNW has been paying dividends since 1994.
Pinnacle West Capital's last regular dividend was on Aug 1, 2024 (ex-date) with the amount of $0.88 per share.
PNW has paid dividend of $3.52 per share in the last year.
Currently Pinnacle West Capital's dividend yield is 4.07%.
Pinnacle West Capital pays four dividends per year.
Pinnacle West Capital's dividend payout ratio is 64.6%.
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.