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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 $0.88 per ordinary share which will be made payable on 2024-09-03. Ex dividend date: 2024-08-01
Pinnacle West Capital annual dividend for 2024 was $2.64
Pinnacle West Capital annual dividend for 2023 was $3.48
Pinnacle West Capital's trailing twelve-month (TTM) dividend yield is 4.04%
Pinnacle West Capital's payout ratio for the trailing twelve months (TTM) is 63.11%
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 dateDividend amountDividend typePay date
2024-08-01$0.88quarterly2024-09-03
2024-04-30$0.88quarterly2024-06-03
2024-01-31$0.88quarterly2024-03-01
2023-10-31$0.88quarterly2023-12-01
2023-07-31$0.86quarterly2023-09-01
2023-04-28$0.86quarterly2023-06-01
2023-01-31$0.86quarterly2023-03-01
2022-10-31$0.86quarterly2022-12-01
2022-07-29$0.85quarterly2022-09-01
2022-04-29$0.85quarterly2022-06-01
2022-01-31$0.85quarterly2022-03-01
2021-11-15$0.85quarterly2021-12-01
2021-07-30$0.83quarterly2021-09-01
2021-04-30$0.83quarterly2021-06-01
2021-01-29$0.83quarterly2021-03-01
2020-10-30$0.83quarterly2020-12-01
2020-07-31$0.78quarterly2020-09-01
2020-05-01$0.78quarterly2020-06-01
2020-01-31$0.78quarterly2020-03-02
2019-11-01$0.78quarterly2019-12-02
2019-07-31$0.74quarterly2019-09-03
2019-04-30$0.74quarterly2019-06-03
2019-01-31$0.74quarterly2019-03-01
2018-10-31$0.74quarterly2018-12-03
2018-07-31$0.69quarterly2018-09-04
2018-04-30$0.69quarterly2018-06-01
2018-01-31$0.69quarterly2018-03-01
2017-10-31$0.69quarterly2017-12-01
2017-07-28$0.66quarterly2017-09-01
2017-04-27$0.66quarterly2017-06-01
2017-01-30$0.66quarterly2017-03-01
2016-10-28$0.66quarterly2016-12-01
2016-07-28$0.62quarterly2016-09-01
2016-04-28$0.62quarterly2016-06-01
2016-01-28$0.62quarterly2016-03-01
2015-10-29$0.62quarterly2015-12-01
2015-07-30$0.59quarterly2015-09-01
2015-04-30$0.59quarterly2015-06-01
2015-01-29$0.59quarterly2015-03-02
2014-10-30$0.59quarterly2014-12-01
2014-07-30$0.57quarterly2014-09-02
2014-05-01$0.57quarterly2014-06-02
2014-01-30$0.57quarterly2014-03-03
2013-10-31$0.57quarterly2013-12-02
2013-07-30$0.55quarterly2013-09-03
2013-04-29$0.55quarterly2013-06-03
2013-01-30$0.55quarterly2013-03-01

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 4.04%. Interested in purchasing Pinnacle West Capital stock? Use our calculator to estimate your expected dividend yield:

Pinnacle West Capital Financial Ratios

P/E ratio16.00
PEG ratio2.02
P/B ratio1.59
ROE9.92%
Payout ratio63.11%
Current ratio0.55
Quick ratio0.38
Cash Ratio0.00

Pinnacle West Capital Dividend FAQ

How much is the next Pinnacle West Capital dividend?
Pinnacle West Capital'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 West Capital dividend. The next Pinnacle West Capital dividend will be released in January, April, July, or October.
When is Pinnacle West Capital dividend paid?
Pinnacle West Capital pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. 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 West Capital pay?
The specific amount of Pinnacle West Capital 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 West Capital's dividend history.
Does Pinnacle West Capital stock pay dividends?
Yes, Pinnacle West Capital 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 West Capital's dividend history.
How much dividend does Pinnacle West Capital pay?
Pinnacle West Capital paid $2.64 in 2024, $3.475 in 2023, $3.415 in 2022, $3.34 in 2021, and $3.178 in 2020.
How often does Pinnacle West Capital pay dividends?
Pinnacle West Capital 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 January, April, July, and October.
What is Pinnacle West Capital's dividend yield?
The current dividend yield for Pinnacle West Capital is 4.04%. 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 West Capital's exact dividend yield.
When does Pinnacle West Capital go ex dividend?
Pinnacle West Capital's ex-dividend date for the latest dividend was on 2024-08-01. Pinnacle West Capital 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 West Capital dividend paid?
Pinnacle West Capital pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Pinnacle West Capital 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 West Capital 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 West Capital dividend per share?
Pinnacle West Capital paid $2.64 per share in 2024 and $3.475 per share in 2023. The amount of dividend per share that Pinnacle West Capital 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 West Capital 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 West Capital 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 West Capital a dividend stock?
Yes, Pinnacle West Capital is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Pinnacle West Capital a good dividend stock?
Whether Pinnacle West Capital 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 West Capital has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Pinnacle West Capital pay dividends monthly?
Pinnacle West Capital typically pays dividends on a quarterly basis.
Does Pinnacle West Capital pay dividends quarterly?
Pinnacle West Capital currently pays dividends on a quarterly basis.
Has Pinnacle West Capital ever paid a dividend?
Yes, Pinnacle West Capital has a history of paying dividends to its shareholders. Pinnacle West Capital is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Pinnacle West Capital dividend stocks?
To buy Pinnacle West Capital 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 West Capital 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 West Capital pay dividends 2024?
Pinnacle West Capital pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-03. 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 West Capital increase its dividend in 2024?
Decisions regarding Pinnacle West Capital 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 West Capital dividend overview you can look into the above table of dividend history.
How Pinnacle West Capital dividend works?
The Pinnacle West Capital 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 West Capital's dividend process works:

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.
How are Pinnacle West Capital dividends paid?
Pinnacle West Capital dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Pinnacle West Capital pay dividends?
Pinnacle West Capital 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 West Capital pay dividends?
The general pattern is that Pinnacle West Capital pays dividends around January, April, July, and October. 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 West Capital dividend safe?
The safety of Pinnacle West Capital'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 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.