PNW Dividend History & Analysis | 5% Yield

PNW has a dividend yield of 5% and paid 3.61 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.98%
Payout Ratio 73.2%
Growth Rate CAGR 5y 1.86%
Consistency Lifetime 68.0%
Yield on Cost 5y 5.85%
Payout FCF -
Streak Years 33
Dividend Rating 60.32%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 10.8%
Total Return 5y: 51.6%

Top Dividend Payers in Electric Utilities

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
CIG 6,774 M 15.5% 39.2%
ENGI 62,932 M 8.49% 16.5%
DTW 3,961 M 5.95% 8.27%
ENIC 5,865 M 5.68% 8.67%
EIX 23,660 M 6.22% 7.37%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
PCG 36,046 M 254% 75.3%
CEG 89,507 M 40.1% 100%
ENGI 62,932 M 29.3% 81.8%
XEL 44,898 M 11.5% 97.9%
NEE 185,790 M 10.1% 80.1%

Quality Dividend Peers in Electric Utilities

ENGI
Engie S.A.
 8.49% Yield
EOAN
E.ON SE
 3.72% Yield

PNW Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-02-02 2026-02-02 2026-03-02 Quarterly 0.91 0% 0.98%
2025-11-03 2025-11-03 2025-12-01 Quarterly 0.91 1.7% 1.02%
2025-08-01 2025-08-01 2025-09-02 Quarterly 0.895 0% 0.99%
2025-05-05 2025-05-05 2025-06-02 Quarterly 0.895 0% 0.95%
2025-02-03 2025-02-03 2025-03-03 Quarterly 0.895 0% 1.05%
2024-11-04 2024-11-04 2024-12-02 Quarterly 0.895 1.7% 1.06%
2024-08-01 2024-08-01 2024-09-03 Quarterly 0.88 0% 1.02%
2024-04-30 2024-05-01 2024-06-03 Quarterly 0.88 0% 1.19%
2024-01-31 2024-02-01 2024-03-01 Quarterly 0.88 0% 1.25%
2023-10-31 2023-11-01 2023-12-01 Quarterly 0.88 1.7% 1.19%
2023-07-31 2023-08-01 2023-09-01 Quarterly 0.865 0% 1.04%
2023-04-28 2023-05-01 2023-06-01 Quarterly 0.865 0% 1.1%
2023-01-31 2023-02-01 2023-03-01 Quarterly 0.865 0% 1.18%
2022-10-31 2022-11-01 2022-12-01 Quarterly 0.865 1.8% 1.28%
2022-07-29 2022-08-01 2022-09-01 Quarterly 0.85 0% 1.17%
2022-04-29 2022-05-02 2022-06-01 Quarterly 0.85 0% 1.15%
2022-01-31 2022-02-01 2022-03-01 Quarterly 0.85 0% 1.22%
2021-11-15 2021-11-16 2021-12-01 Quarterly 0.85 2.4% 1.29%
2021-07-30 2021-08-02 2021-09-01 Quarterly 0.83 0% 0.98%
2021-04-30 2021-05-03 2021-06-01 Quarterly 0.83 0% 1%
2021-01-29 2021-02-01 2021-03-01 Quarterly 0.83 0% N/A
2020-10-30 2020-11-02 2020-12-01 Quarterly 0.83 6% N/A
2020-07-31 2020-08-03 2020-09-01 Quarterly 0.783 0% N/A
2020-05-01 2020-05-04 2020-06-01 Quarterly 0.783 0% N/A
2020-01-31 2020-02-03 2020-03-02 Quarterly 0.783 0% N/A
2019-11-01 2019-11-04 2019-12-02 Quarterly 0.783 6.1% N/A
2019-07-31 2019-08-01 2019-09-03 Quarterly 0.738 0% N/A
2019-04-30 2019-05-01 2019-06-03 Quarterly 0.738 0% N/A
2019-01-31 2019-02-01 2019-03-01 Quarterly 0.738 0% N/A
2018-10-31 2018-11-01 2018-12-03 Quarterly 0.738 6.2% N/A
2018-07-31 2018-08-01 2018-09-04 Quarterly 0.695 0% N/A
2018-04-30 2018-05-01 2018-06-01 Quarterly 0.695 0% N/A
2018-01-31 2018-02-01 2018-03-01 Quarterly 0.695 0% N/A
2017-10-31 2017-11-01 2017-12-01 Quarterly 0.695 6.1% N/A
2017-07-28 2017-08-01 2017-09-01 Quarterly 0.655 0% N/A
2017-04-27 2017-05-01 2017-06-01 Quarterly 0.655 0% N/A
2017-01-30 2017-02-01 2017-03-01 Quarterly 0.655 0% N/A
2016-10-28 2016-11-01 2016-12-01 Quarterly 0.655 4.8% N/A
2016-07-28 2016-08-01 2016-09-01 Quarterly 0.625 0% N/A
2016-04-28 2016-05-02 2016-06-01 Quarterly 0.625 0% N/A
2016-01-28 2016-02-01 2016-03-01 Quarterly 0.625 0% N/A
2015-10-29 2015-11-02 2015-12-01 Quarterly 0.625 5% N/A
2015-07-30 2015-08-03 2015-09-01 Quarterly 0.595 0% N/A
2015-04-30 2015-05-04 2015-06-01 Quarterly 0.595 0% N/A
2015-01-29 2015-02-02 2015-03-02 Quarterly 0.595 0% N/A
2014-10-30 2014-11-03 2014-12-01 Quarterly 0.595 4.8% N/A
2014-07-30 2014-08-01 2014-09-02 Quarterly 0.568 0% N/A
2014-05-01 2014-05-05 2014-06-02 Quarterly 0.568 0% N/A
2014-01-30 2014-02-03 2014-03-03 Quarterly 0.568 0% N/A
2013-10-31 2013-11-04 2013-12-02 Quarterly 0.568 0% N/A

PNW Dividend FAQ

Pinnacle West Capital Corp (NYSE:PNW) is a regulated utility that, through its subsidiary Arizona Public Service, delivers retail and wholesale electricity across Arizona. The firm operates a diversified generation mix-including nuclear, natural-gas, oil, coal and solar plants-and maintains an integrated transmission and distribution network of overhead and underground lines, substations, and energy-storage assets. Incorporated in 1985 and headquartered in Phoenix, the company’s core business is the regulated provision of reliable power to residential, commercial and industrial customers.

What is the Dividend Yield of PNW?

As of February 2026, PNW`s dividend yield is 4.98%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.61 USD by the current share price of 93.52.

Does PNW pay a dividend?

As of February 2026, PNW paid a dividend of 3.61 USD in the last 12 months. The last dividend was paid on 2026-02-02 and the payout was 0.91 USD.

How often does PNW pay dividends?

PNW pays dividends quarterly. Over the last 12 months, PNW has issued 4 dividend payments. The last dividend payment was made on 2026-02-02.

PNW dividend forecast

Based on historical data, the forecasted dividends per share for PNW for the next 4 payments are between 0.94 (+3.3%) and 0.973 (+6.9%).
This indicates a solid dividend increase compared to the last payment.

Will PNW pay dividends in 2026?

The latest dividend paid per share was 0.91 USD with an Ex-Dividend Date of 2026-02-02. The next Ex-Dividend date for Pinnacle West Capital (PNW) is currently unknown.

What is the next Ex-Dividend Date for PNW?

The next Ex-Dividend date for Pinnacle West Capital (PNW) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of PNW?

PNW's average dividend growth rate over the past 5 years is 1.86% per year.
Weak growth: PNW's Dividend growth is lower than inflation.

What is the Yield on Cost of PNW?

PNW's 5-Year Yield on Cost is 5.85%. If you bought PNW's shares at 61.70 USD five years ago, your current annual dividend income (3.61 USD per share, trailing 12 months) equals 5.85% of your original purchase price.

What is the Payout Consistency of PNW?

PNW Payout Consistency is 68.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Unstable: Pinnacle West Capital has an inconsistent track record of dividend payments over its lifetime.

Does PNW have a good Dividend Yield?

PNW`s 4.98% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of PNW?

The Dividend Payout Ratio of PNW is 73.2%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of PNW?

PNW`s Overall Dividend Rating is 60.32%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

PNW Outstanding Shares Analysis

What is the Trend in PNW's Outstanding Shares?

Pinnacle West Capital's outstanding shares have increased by approximately 3.4% annually over the past 3 years (Trend Reliability: 100.0%).

Watch carefully: The company is issuing new shares, diluting existing shareholders. Dividend growth may lag earnings growth as payouts are spread across more shares.

Has PNW ever had a Stock Split?

Yes, the last stock split was on Nov 27, 2006 with a ratio of 1:1.

This was a reverse split: Multiple shares were consolidated into fewer shares, increasing the price per share. This is sometimes used to meet exchange listing requirements and can be a warning sign if the company is struggling.

Year Number of Shares Annual Growth Rate
1985 72,747,000
1986 75,981,000 +4.45%
1987 85,188,000 +12.12%
1988 86,723,000 +1.8%
1989 86,720,000 -0%
1990 86,363,600 -0.41%
1991 87,078,700 +0.83%
1992 87,040,800 -0.04%
1993 87,575,800 +0.61%
1994 87,857,100 +0.32%
1995 86,944,400 -1.04%
1996 87,586,200 +0.74%
1997 84,054,100 -4.03%
1998 85,277,800 +1.46%
1999 84,728,000 -0.64%
2000 84,727,000 -0%
2001 84,735,000 +0.01%
2002 91,256,000 +7.7%
2003 91,294,000 +0.04%
2004 91,962,000 +0.73%
2005 99,115,000 +7.78%
2006 100,045,000 +0.94%
2007 100,521,000 +0.48%
2008 100,986,000 +0.46%
2009 101,474,000 +0.48%
2010 108,832,000 +7.25%
2011 109,299,000 +0.43%
2012 109,832,000 +0.49%
2013 110,257,000 +0.39%
2014 111,284,000 +0.93%
2015 111,296,000 +0.01%
2016 112,223,000 +0.83%
2017 112,472,000 +0.22%
2018 112,700,000 +0.2%
2019 112,815,000 +0.1%
2020 113,031,000 +0.19%
2021 113,232,000 +0.18%
2022 113,298,000 +0.06%
2023 114,060,000 +0.67%
2024 114,337,000 +0.24%
2025 121,956,000 +6.66%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-07 03:27