PNW Dividend History & Yield

Pinnacle West Capital Corporation · NYSE

Stock Utilities Quarterly payer Dividend growthUtility
$98.04
+0.53% today
as of Sep 8, 2026
TTM yield
3.71%
$3.64/share over the last 12 months
Forward yield
3.71%
$3.64/share indicated annual rate
Annual dividend
$3.64
per share, forward
Per payment
$0.91
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Nov 2, 2026 Estimated
in 55 days
Next pay date
Nov 16, 2026
in 69 days
Last ex-dividend date
Aug 3, 2026
$0.91 per share
Payout ratio
70%
of earnings
Market cap
11.9B
P/E 18.8
5y dividend CAGR
+1.9%
annualised, regular payments
Growth streak
14 yrs
consecutive annual raises
Years paying
53.4
since Apr 25, 1973
1y total return
+13.8%
price +9.7% + dividends 4.1%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Mon, Nov 2, 2026 (in 55 days) Nov 16, 2026 $0.91 $91.00 Estimated
Mon, Feb 1, 2027 (in 146 days) Feb 15, 2027 $0.91 $91.00 Estimated
Mon, May 3, 2027 (in 237 days) May 17, 2027 $0.91 $91.00 Estimated
Mon, Aug 2, 2027 (in 328 days) Aug 16, 2027 $0.91 $91.00 Estimated

Estimated dates and amounts are projected from PNW's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $3.64 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Oct 28, 2016 to Aug 3, 2026; most recent $0.91$0.00$0.50$1.00Oct 28, 2016: $0.655Oct '16Jan 30, 2017: $0.655Apr 27, 2017: $0.655Jul 28, 2017: $0.655Oct 31, 2017: $0.695Jan 31, 2018: $0.695Jan '18Apr 30, 2018: $0.695Jul 31, 2018: $0.695Oct 31, 2018: $0.738Jan 31, 2019: $0.738Apr 30, 2019: $0.738Apr '19Jul 31, 2019: $0.738Nov 1, 2019: $0.783Jan 31, 2020: $0.783May 1, 2020: $0.783Jul 31, 2020: $0.783Jul '20Oct 30, 2020: $0.83Jan 29, 2021: $0.83Apr 30, 2021: $0.83Jul 30, 2021: $0.83Nov 15, 2021: $0.85Nov '21Jan 31, 2022: $0.85Apr 29, 2022: $0.85Jul 29, 2022: $0.85Oct 31, 2022: $0.865Jan 31, 2023: $0.865Jan '23Apr 28, 2023: $0.865Jul 31, 2023: $0.865Oct 31, 2023: $0.88Jan 31, 2024: $0.88Apr 30, 2024: $0.88Apr '24Aug 1, 2024: $0.88Nov 4, 2024: $0.895Feb 3, 2025: $0.895May 5, 2025: $0.895Aug 1, 2025: $0.895Aug '25Nov 3, 2025: $0.91Feb 2, 2026: $0.91May 4, 2026: $0.91Aug 3, 2026: $0.91

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$2.00$4.002017: $2.66$2.6620172018: $2.823$2.82320182019: $2.997$2.99720192020: $3.179$3.17920202021: $3.34$3.3420212022: $3.415$3.41520222023: $3.475$3.47520232024: $3.535$3.53520242025: $3.595$3.59520252026 (YTD): $2.73$2.732026 YTD

How much PNW do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month330$32,321$1,200
$500 / month1,649$161,604$6,000
$1,000 / month3,297$323,209$12,000

Based on the forward yield of 3.71%. $10,000 in PNW would currently pay about $371 a year ($31 a month on average). Model reinvestment and growth →

PNW dividend history

Ex-datePay dateAmountChange
Aug 3, 2026 $0.91 +0.0%
May 4, 2026 $0.91 +0.0%
Feb 2, 2026 $0.91 +0.0%
Nov 3, 2025 $0.91 +1.7%
Aug 1, 2025 $0.895 +0.0%
May 5, 2025 $0.895 +0.0%
Feb 3, 2025 $0.895 +0.0%
Nov 4, 2024 $0.895 +1.7%
Aug 1, 2024 $0.88 +0.0%
Apr 30, 2024 $0.88 +0.0%
Jan 31, 2024 $0.88 +0.0%
Oct 31, 2023 $0.88 +1.7%
Jul 31, 2023 $0.865 +0.0%
Apr 28, 2023 $0.865 +0.0%
Jan 31, 2023 $0.865 +0.0%
Oct 31, 2022 $0.865 +1.8%
Jul 29, 2022 $0.85 +0.0%
Apr 29, 2022 $0.85 +0.0%
Jan 31, 2022 $0.85 +0.0%
Nov 15, 2021 $0.85 +2.4%
Jul 30, 2021 $0.83 +0.0%
Apr 30, 2021 $0.83 +0.0%
Jan 29, 2021 $0.83 +0.0%
Oct 30, 2020 $0.83 +6.0%

Payout risk check

Yield-trap heuristicLow risk

PNW scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Pinnacle West Capital Corporation

Pinnacle West Capital Corporation, through its subsidiary, provides retail and wholesale electric services in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using nuclear, gas, oil, coal, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities consist of overhead lines and underground primary cables. The company also owns and maintains substations, including transmission and distribution yards; and owns energy storage facilities. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.

Sector: Utilities. Industry: Utilities - Regulated Electric. First dividend on our records: Apr 25, 1973. 143 payments tracked. Data last refreshed Sep 8, 2026. Spotted a mistake? Report it and we'll fix it.

PNW dividend FAQ

When is PNW's next ex-dividend date?

PNW's next ex-dividend date is Nov 2, 2026 (in 55 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.91 per share, expected on Nov 16, 2026.

How often does PNW pay dividends?

PNW pays dividends every quarter, 4 times a year. The most recent payment was $0.91 per share with an ex-date of Aug 3, 2026.

What is PNW's dividend yield?

PNW's trailing 12-month dividend yield is 3.71%, based on $3.64 per share paid over the last year and a share price of $98.04. The forward yield, using the indicated annual rate of $3.64 per share, is 3.71%.

How much does PNW pay per share?

PNW pays about $0.91 per share each quarter, which works out to roughly $3.64 per share a year. 100 shares would collect about $364.00 a year.

Has PNW grown or cut its dividend?

PNW has raised its annual dividend for 14 consecutive years. Over the last 5 years the regular payout has grown at 1.9% a year (+1.7% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of PNW do I need to earn $100 a month?

At the current forward yield of 3.71%, you would need about 330 shares of PNW (roughly $32,321 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

Similar dividend stocks