PNW Dividend History & Analysis | 3.9% Yield

PNW has a dividend yield of 3.9% and paid 3.63 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.89%
Payout Ratio 67.8%
Growth Rate CAGR 5y 1.7%
Consistency Lifetime 100%
Yield on Cost 5y 5.3%
Payout FCF -
Streak Years 5
Dividend Rating 59.6%
Chowder Number yield + growth 5.6% below 12% target for healthy growth
Yield vs Average 5y -7% avg 4.18% vs now 3.89%
Debt / EBITDA leverage 8.8x elevated
Income per 10k invested 389 USD per year
Ex-Dividend in 8 days: Buy before Aug 3, 2026 to receive the next dividend.
Dividends Cash Amount per Share Yearly PNW annual dividends paid per share, showing the total cash Pinnacle West Capital distributed to shareholders each year.
Dividend Growth Year over Year PNW year-over-year dividend growth rate, showing how Pinnacle West Capital's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History PNW dividend yield history versus share price over the past 5 years, showing how Pinnacle West Capital's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Electric Utilities

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
CIG NYSE
Companhia Energetica de
6,122 M 10.67% 36.22%
ELPC NYSE
Companhia Paranaense de
8,812 M 8.16% 12.03%
ENGI PA
Engie S.A.
80,083 M 4.87% 17.51%
EIX NYSE
Edison International
29,725 M 5.39% 7.90%
ENEL MI
Enel
114,804 M 5.13% 8.30%
IRE MI
Iren
3,737 M 5.48% 7.24%
RED MC
Redeia Corporacion S.A.
9,579 M 5.36% 6.47%
A2A MI
A2A S.p.A
8,251 M 4.80% 7.57%
TRN MI
Terna Rete Elettrica
23,267 M 4.07% 7.36%
EDP LS
EDP - Energias de Portugal
21,378 M 4.66% 5.77%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
PCG NYSE
PG&E
47,009 M 127.67% 87.5%
ELPC NYSE
Companhia Paranaense de
8,812 M 115.99% 100.0%
CEG NASDAQ
Constellation Energy
90,129 M 29.85% 100.0%
NEE NYSE
Nextera Energy
183,533 M 10.05% 100.0%
ANA MC
Acciona
15,181 M 8.61% 100.0%
TRN MI
Terna Rete Elettrica
23,267 M 9.06% 100.0%
OTTR NASDAQ
Otter Tail
3,834 M 8.18% 100.0%
NRG NYSE
NRG Energy
28,008 M 7.89% 100.0%
HER MI
Hera S.p.A
6,560 M 7.86% 100.0%
IRE MI
Iren
3,737 M 7.45% 100.0%

PNW Dividend History

Dividend Monthly Return EX date, 5 years of data

Jan 0.73% 60
Feb 0.41% 40
Mar - -
Apr 0.69% 60
May 0.37% 40
Jun - -
Jul 0.64% 60
Aug 0.40% 40
Sep - -
Oct 0.49% 40
Nov 0.67% 60
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 21 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-08-03 2026-08-03 2026-09-01 Quarterly 0.91 0% N/A
2026-05-04 2026-05-04 2026-06-01 Quarterly 0.91 0% 0.89%
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% 1.29%
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%

PNW Dividend FAQ

What is the Dividend Yield of PNW?

As of July 2026, PNW's dividend yield is 3.89%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.63 USD by the current share price of 106.06.

Does PNW pay a dividend?

As of July 2026, PNW paid a dividend of 3.63 USD in the last 12 months. The last dividend was paid on 2026-08-03 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 2026-08-03.

PNW dividend forecast

Based on historical data, the forecasted dividends per share for PNW for the next payments are between 0.912 (+0.2%) and 0.933 (+2.5%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 3.49%.

Will PNW pay dividends in 2026?

The latest dividend paid per share was 0.91 USD with an Ex-Dividend Date of 2026-08-03. The next Ex-Dividend date for Pinnacle West Capital (PNW) is 2026-08-03.

What is the next Ex-Dividend Date for PNW?

The next Ex-Dividend date for Pinnacle West Capital (PNW) is 2026-08-03.

What is the Dividend Growth of PNW?

PNW's average dividend growth rate over the past 5 years is 1.73% 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 5.32%. If you bought PNW's shares at 68.16 USD five years ago, your current annual dividend income (3.63 USD per share, trailing 12 months) equals 5.32% of your original purchase price.

What is the Payout Consistency of PNW?

PNW Payout Consistency is 100.0%. 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. Very consistent: Pinnacle West Capital has a strong track record of consistent dividend payments over its lifetime.

Does PNW have a good Dividend Yield?

PNW's 3.89% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of PNW?

The Dividend Payout Ratio of PNW is 67.8%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of PNW?

PNW's Overall Dividend Rating is 59.63%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

PNW Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in PNW's Outstanding Shares?

Pinnacle West Capital's outstanding shares have increased by approximately 3.7% annually over the past 3 years (Trend Reliability: 93.1%). 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 0%
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 121,971,000 +6.68%
2026 123,778,000 +1.48%

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: 2026-07-19 02:06 UTC