Pinnacle Financial Partners, Inc., together with its subsidiaries, operates as the bank holding company for Pinnacle Bank that provides various banking products and services in the United States. The company accepts various deposits, including savings, checking, noninterest-bearing and interest-bearing checking, money market, and certificate of deposit accounts. Its loan products include commercial loans, such as equipment and working capital loans; commercial real estate loans comprising investment properties and business loans secured by real estate; and loans to individuals consisting of secured and unsecured installment and term loans, lines of credit, residential first mortgage loans, and home equity loans and lines of credit, as well as provides credit cards for consumers and businesses. The company also offers various securities and other financial products; investment products; brokerage and investment advisory programs; and fiduciary and investment management services, such as personal trust, endowments, foundations, individual retirement accounts, pensions, and custody. In addition, it provides insurance agency services primarily in the property and casualty area; merger and acquisition advisory services; and private debt, equity and mezzanine, and other middle-market advisory services. Further, the company offers treasury management, telephone and online banking, mobile banking, debit cards, direct deposit and remote deposit capture, mobile deposit option, automated teller machine, and cash management services. It serves individuals, small to medium-sized businesses, and professional entities. As of December 31, 2020, the company operated 114 offices, including 48 in Tennessee, 36 in North Carolina, 20 in South Carolina, 9 in Virginia, and 1 in Georgia. Pinnacle Financial Partners, Inc. was incorporated in 2000 and is headquartered in Nashville, Tennessee.
Pinnacle Financial Partners Dividend Announcement
• Pinnacle Financial Partners announced a quarterly dividend of $0.22 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-11-01
• Pinnacle Financial Partners annual dividend for 2024 was $0.88
• Pinnacle Financial Partners annual dividend for 2023 was $0.88
• Pinnacle Financial Partners's trailing twelve-month (TTM) dividend yield is 1.06%
• Pinnacle Financial Partners's payout ratio for the trailing twelve months (TTM) is 20.08%
• Pinnacle Financial Partners's dividend growth over the last five years (2018-2023) was 8.70% year
• Pinnacle Financial Partners's dividend growth over the last ten years (2013-2023) was 27.10% year
Pinnacle Financial Partners Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-01 | $0.22 | quarterly | 2024-11-29 |
| 2024-08-02 | $0.22 | quarterly | 2024-08-30 |
| 2024-05-02 | $0.22 | quarterly | 2024-05-31 |
| 2024-02-01 | $0.22 | quarterly | 2024-02-23 |
| 2023-11-02 | $0.22 | quarterly | 2023-11-24 |
| 2023-08-03 | $0.22 | quarterly | 2023-08-25 |
| 2023-05-04 | $0.22 | quarterly | 2023-05-26 |
| 2023-02-02 | $0.22 | quarterly | 2023-02-24 |
| 2022-11-03 | $0.22 | quarterly | 2022-11-25 |
| 2022-08-04 | $0.22 | quarterly | 2022-08-26 |
| 2022-05-05 | $0.22 | quarterly | 2022-05-27 |
| 2022-02-03 | $0.22 | quarterly | 2022-02-25 |
| 2021-11-04 | $0.18 | quarterly | 2021-11-26 |
| 2021-08-05 | $0.18 | quarterly | 2021-08-27 |
| 2021-05-06 | $0.18 | quarterly | 2021-05-28 |
| 2021-02-04 | $0.18 | quarterly | 2021-02-26 |
| 2020-11-05 | $0.16 | quarterly | 2020-11-27 |
| 2020-08-06 | $0.16 | quarterly | 2020-08-28 |
| 2020-04-30 | $0.16 | quarterly | 2020-05-29 |
| 2020-02-06 | $0.16 | quarterly | 2020-02-28 |
| 2019-10-31 | $0.16 | quarterly | 2019-11-29 |
| 2019-08-01 | $0.16 | quarterly | 2019-08-30 |
| 2019-05-02 | $0.16 | quarterly | 2019-05-31 |
| 2019-01-31 | $0.16 | quarterly | 2019-02-22 |
| 2018-11-01 | $0.16 | quarterly | 2018-11-30 |
| 2018-08-02 | $0.14 | quarterly | 2018-08-31 |
| 2018-05-03 | $0.14 | quarterly | 2018-05-25 |
| 2018-02-01 | $0.14 | quarterly | 2018-02-23 |
| 2017-11-02 | $0.14 | quarterly | 2017-11-24 |
| 2017-08-02 | $0.14 | quarterly | 2017-08-25 |
| 2017-05-03 | $0.14 | quarterly | 2017-05-26 |
| 2017-02-01 | $0.14 | quarterly | 2017-02-24 |
| 2016-11-02 | $0.14 | quarterly | 2016-11-25 |
| 2016-08-03 | $0.14 | quarterly | 2016-08-26 |
| 2016-05-04 | $0.14 | quarterly | 2016-05-27 |
| 2016-02-03 | $0.14 | quarterly | 2016-02-26 |
| 2015-11-04 | $0.12 | quarterly | 2015-11-27 |
| 2015-08-05 | $0.12 | quarterly | 2015-08-28 |
| 2015-04-29 | $0.12 | quarterly | 2015-05-29 |
| 2015-02-04 | $0.12 | quarterly | 2015-02-27 |
| 2014-11-05 | $0.08 | quarterly | 2014-11-28 |
| 2014-08-06 | $0.08 | quarterly | 2014-08-29 |
| 2014-05-07 | $0.08 | quarterly | 2014-05-30 |
| 2014-02-05 | $0.08 | quarterly | 2014-02-28 |
| 2013-11-22 | $0.08 | quarterly | 2013-12-20 |
Pinnacle Financial Partners Dividend per year
Pinnacle Financial Partners Dividend growth
Pinnacle Financial Partners Dividend Yield
Pinnacle Financial Partners current trailing twelve-month (TTM) dividend yield is 1.06%. Interested in purchasing Pinnacle Financial Partners stock? Use our calculator to estimate your expected dividend yield:
Pinnacle Financial Partners Financial Ratios
P/E ratio18.97
PEG ratio2.57
P/B ratio1.25
ROE6.79%
Payout ratio20.08%
Current ratio0.69
Quick ratio1.06
Cash Ratio0.03
Pinnacle Financial Partners Dividend FAQ
How much is the next Pinnacle Financial Partners dividend?
Pinnacle Financial Partners's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Pinnacle Financial Partners dividend. The next Pinnacle Financial Partners dividend will be released in February, May, August, or November.
When is Pinnacle Financial Partners dividend paid?
Pinnacle Financial Partners pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Pinnacle Financial Partners pay?
The specific amount of Pinnacle Financial Partners dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Pinnacle Financial Partners's dividend history.
Does Pinnacle Financial Partners stock pay dividends?
Yes, Pinnacle Financial Partners does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Pinnacle Financial Partners's dividend history.
How much dividend does Pinnacle Financial Partners pay?
Pinnacle Financial Partners paid $0.88 in 2024, $0.88 in 2023, $0.88 in 2022, $0.72 in 2021, and $0.64 in 2020.
How often does Pinnacle Financial Partners pay dividends?
Pinnacle Financial Partners typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Pinnacle Financial Partners's dividend yield?
The current dividend yield for Pinnacle Financial Partners is 1.06%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Pinnacle Financial Partners's exact dividend yield.
When does Pinnacle Financial Partners go ex dividend?
Pinnacle Financial Partners's ex-dividend date for the latest dividend was on 2024-11-01. Pinnacle Financial Partners typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Pinnacle Financial Partners dividend paid?
Pinnacle Financial Partners pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Pinnacle Financial Partners increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Pinnacle Financial Partners will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Pinnacle Financial Partners dividend per share?
Pinnacle Financial Partners paid $0.88 per share in 2024 and $0.88 per share in 2023. The amount of dividend per share that Pinnacle Financial Partners pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Pinnacle Financial Partners a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Pinnacle Financial Partners a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Pinnacle Financial Partners a dividend stock?
Yes, Pinnacle Financial Partners is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Pinnacle Financial Partners a good dividend stock?
Whether Pinnacle Financial Partners is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Pinnacle Financial Partners has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Pinnacle Financial Partners as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Pinnacle Financial Partners as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Pinnacle Financial Partners pay dividends monthly?
Pinnacle Financial Partners typically pays dividends on a quarterly basis.
Does Pinnacle Financial Partners pay dividends quarterly?
Pinnacle Financial Partners currently pays dividends on a quarterly basis.
Has Pinnacle Financial Partners ever paid a dividend?
Yes, Pinnacle Financial Partners has a history of paying dividends to its shareholders. Pinnacle Financial Partners is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Pinnacle Financial Partners dividend stocks?
To buy Pinnacle Financial Partners you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Pinnacle Financial Partners stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Pinnacle Financial Partners stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Pinnacle Financial Partners pay dividends 2024?
Pinnacle Financial Partners pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-29. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Pinnacle Financial Partners increase its dividend in 2024?
Decisions regarding Pinnacle Financial Partners dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Pinnacle Financial Partners dividend overview you can look into the above table of dividend history.
How Pinnacle Financial Partners dividend works?
The Pinnacle Financial Partners dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Pinnacle Financial Partners's dividend process works:
1. Determination of Dividend: Pinnacle Financial Partners's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Pinnacle Financial Partners publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Pinnacle Financial Partners distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Pinnacle Financial Partners are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Pinnacle Financial Partners's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Pinnacle Financial Partners publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Pinnacle Financial Partners distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Pinnacle Financial Partners are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Pinnacle Financial Partners dividends paid?
Pinnacle Financial Partners dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Pinnacle Financial Partners sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Pinnacle Financial Partners distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Pinnacle Financial Partners declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Pinnacle Financial Partners sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Pinnacle Financial Partners distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Pinnacle Financial Partners declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Pinnacle Financial Partners pay dividends?
Pinnacle Financial Partners typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Pinnacle Financial Partners pay dividends?
The general pattern is that Pinnacle Financial Partners pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Pinnacle Financial Partners dividend safe?
The safety of Pinnacle Financial Partners's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Pinnacle Financial Partners's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Pinnacle Financial Partners's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Pinnacle Financial Partners's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Pinnacle Financial Partners's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.