Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include approximately 5,814 pole miles of overhead lines and approximately 74 miles of underground lines; and distribution facilities comprise approximately 11,258 miles of overhead lines and approximately 22,821 miles of underground primary cable, as well as owns and maintains 475 transmission and distribution substations. The company also owns or leases approximately 6,323 megawatts of regulated generation capacity. It serves approximately 1.3 million customers. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.
Pinnacle West Capital Dividend Announcement
• Pinnacle West Capital announced a quarterly dividend of $0.90 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-04
• Pinnacle West Capital annual dividend for 2024 was $3.53
• Pinnacle West Capital annual dividend for 2023 was $3.48
• Pinnacle West Capital's trailing twelve-month (TTM) dividend yield is 4.82%
• Pinnacle West Capital's payout ratio for the trailing twelve months (TTM) is 63.78%
• Pinnacle West Capital's dividend growth over the last five years (2018-2023) was 4.25% year
• Pinnacle West Capital's dividend growth over the last ten years (2013-2023) was 4.67% year
Pinnacle West Capital Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-04 | $0.90 | quarterly | 2024-12-02 |
2024-08-01 | $0.88 | quarterly | 2024-09-03 |
2024-04-30 | $0.88 | quarterly | 2024-06-03 |
2024-01-31 | $0.88 | quarterly | 2024-03-01 |
2023-10-31 | $0.88 | quarterly | 2023-12-01 |
2023-07-31 | $0.86 | quarterly | 2023-09-01 |
2023-04-28 | $0.86 | quarterly | 2023-06-01 |
2023-01-31 | $0.86 | quarterly | 2023-03-01 |
2022-10-31 | $0.86 | quarterly | 2022-12-01 |
2022-07-29 | $0.85 | quarterly | 2022-09-01 |
2022-04-29 | $0.85 | quarterly | 2022-06-01 |
2022-01-31 | $0.85 | quarterly | 2022-03-01 |
2021-11-15 | $0.85 | quarterly | 2021-12-01 |
2021-07-30 | $0.83 | quarterly | 2021-09-01 |
2021-04-30 | $0.83 | quarterly | 2021-06-01 |
2021-01-29 | $0.83 | quarterly | 2021-03-01 |
2020-10-30 | $0.83 | quarterly | 2020-12-01 |
2020-07-31 | $0.78 | quarterly | 2020-09-01 |
2020-05-01 | $0.78 | quarterly | 2020-06-01 |
2020-01-31 | $0.78 | quarterly | 2020-03-02 |
2019-11-01 | $0.78 | quarterly | 2019-12-02 |
2019-07-31 | $0.74 | quarterly | 2019-09-03 |
2019-04-30 | $0.74 | quarterly | 2019-06-03 |
2019-01-31 | $0.74 | quarterly | 2019-03-01 |
2018-10-31 | $0.74 | quarterly | 2018-12-03 |
2018-07-31 | $0.69 | quarterly | 2018-09-04 |
2018-04-30 | $0.69 | quarterly | 2018-06-01 |
2018-01-31 | $0.69 | quarterly | 2018-03-01 |
2017-10-31 | $0.69 | quarterly | 2017-12-01 |
2017-07-28 | $0.66 | quarterly | 2017-09-01 |
2017-04-27 | $0.66 | quarterly | 2017-06-01 |
2017-01-30 | $0.66 | quarterly | 2017-03-01 |
2016-10-28 | $0.66 | quarterly | 2016-12-01 |
2016-07-28 | $0.62 | quarterly | 2016-09-01 |
2016-04-28 | $0.62 | quarterly | 2016-06-01 |
2016-01-28 | $0.62 | quarterly | 2016-03-01 |
2015-10-29 | $0.62 | quarterly | 2015-12-01 |
2015-07-30 | $0.59 | quarterly | 2015-09-01 |
2015-04-30 | $0.59 | quarterly | 2015-06-01 |
2015-01-29 | $0.59 | quarterly | 2015-03-02 |
2014-10-30 | $0.59 | quarterly | 2014-12-01 |
2014-07-30 | $0.57 | quarterly | 2014-09-02 |
2014-05-01 | $0.57 | quarterly | 2014-06-02 |
2014-01-30 | $0.57 | quarterly | 2014-03-03 |
2013-10-31 | $0.57 | quarterly | 2013-12-02 |
2013-07-30 | $0.55 | quarterly | 2013-09-03 |
2013-04-29 | $0.55 | quarterly | 2013-06-03 |
2013-01-30 | $0.55 | quarterly | 2013-03-01 |
Pinnacle West Capital Dividend per year
Pinnacle West Capital Dividend growth
Pinnacle West Capital Dividend Yield
Pinnacle West Capital current trailing twelve-month (TTM) dividend yield is 4.82%. Interested in purchasing Pinnacle West Capital stock? Use our calculator to estimate your expected dividend yield:
Pinnacle West Capital Financial Ratios
Pinnacle West Capital Dividend FAQ
Other factors to consider when evaluating Pinnacle West Capital 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.
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1. Determination of Dividend: Pinnacle West Capital'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 West Capital 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 West Capital 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 West Capital 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. Record Date: Pinnacle West Capital 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 West Capital 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 West Capital 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.
To assess the safety of Pinnacle West Capital'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 West Capital'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.