Pinnacle West Capital Corporation

Pinnacle West Capital Corporation

PNWยทNYSE

$100.48

+1.1%
UtilitiesRegulated Electric

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.

At a Glance

Live Snapshot
Market Cap$12.18B
EPS5.1500
P/E Ratio19.51
Earnings Date08/05/2026
0.89%
Dividend Yield
-12%
3Y-17.0%
5Y-11.0%
10Y+18.0%
329.47%
Dividend Payout Ratio
-53%
3Y-111.0%
5Y+28.0%
10Y+490.0%
3Y+13.0%
5Y+18.0%
10Y+60.0%
Pinnacle West Capital Corporation

Pinnacle West Capital Corporation Dividend History

PNW ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

PNW Dividend Payment History

PNW ยท NYSE

Total Payments

50

Latest Dividend

$0.9100

Annual Amount

$4.5200

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 22, 2026
May 4, 2026Jun 1, 2026
$0.9100
$0.9100
Quarterly0.00%
Dec 10, 2025
Feb 2, 2026Mar 2, 2026
$0.9100
$0.9100
Quarterly0.00%
Oct 22, 2025
Nov 3, 2025Dec 1, 2025
$0.9100
$0.9100
Quarterly+1.68%
Jun 18, 2025
Aug 1, 2025Sep 2, 2025
$0.8950
$0.8950
Quarterly0.00%
Apr 23, 2025
May 5, 2025Jun 2, 2025
$0.8950
$0.8950
Quarterly0.00%
Dec 11, 2024
Feb 3, 2025Mar 3, 2025
$0.8950
$0.8950
Quarterly0.00%
Oct 23, 2024
Nov 4, 2024Dec 2, 2024
$0.8950
$0.8950
Quarterly+1.70%
Jun 19, 2024
Aug 1, 2024Sep 3, 2024
$0.8800
$0.8800
Quarterly0.00%
Apr 17, 2024
May 1, 2024Jun 3, 2024
$0.8800
$0.8800
Quarterly0.00%
Dec 13, 2023
Feb 1, 2024Mar 1, 2024
$0.8800
$0.8800
Quarterly0.00%
Oct 18, 2023
Nov 1, 2023Dec 1, 2023
$0.8800
$0.8800
Quarterly+1.73%
Jun 21, 2023
Aug 1, 2023Sep 1, 2023
$0.8650
$0.8650
Quarterly0.00%
Apr 19, 2023
May 1, 2023Jun 1, 2023
$0.8650
$0.8650
Quarterly0.00%
Dec 14, 2022
Feb 1, 2023Mar 1, 2023
$0.8650
$0.8650
Quarterly0.00%
Oct 20, 2022
Nov 1, 2022Dec 1, 2022
$0.8650
$0.8650
Quarterly+1.76%
Jun 22, 2022
Aug 1, 2022Sep 1, 2022
$0.8500
$0.8500
Quarterly0.00%
Apr 20, 2022
May 2, 2022Jun 1, 2022
$0.8500
$0.8500
Quarterly0.00%
Dec 15, 2021
Feb 1, 2022Mar 1, 2022
$0.8500
$0.8500
Quarterly0.00%
Nov 4, 2021
Nov 16, 2021Dec 1, 2021
$0.8500
$0.8500
Quarterly+2.41%
Jun 23, 2021
Aug 2, 2021Sep 1, 2021
$0.8300
$0.8300
Quarterly0.00%
Apr 21, 2021
May 3, 2021Jun 1, 2021
$0.8300
$0.8300
Quarterly0.00%
Dec 16, 2020
Feb 1, 2021Mar 1, 2021
$0.8300
$0.8300
Quarterly0.00%
Oct 22, 2020
Nov 2, 2020Dec 1, 2020
$0.8300
$0.8300
Quarterly+6.14%
Jun 17, 2020
Aug 3, 2020Sep 1, 2020
$0.7820
$0.7820
Quarterly0.00%
Apr 22, 2020
May 4, 2020Jun 1, 2020
$0.7830
$0.7820
Quarterly0.00%
Dec 19, 2019
Feb 3, 2020Mar 2, 2020
$0.7820
$0.7820
Quarterly0.00%
Oct 23, 2019
Nov 4, 2019Dec 2, 2019
$0.7830
$0.7820
Quarterly+5.96%
Jun 19, 2019
Aug 1, 2019Sep 3, 2019
$0.7380
$0.7380
Quarterly0.00%
Apr 17, 2019
May 1, 2019Jun 3, 2019
$0.7380
$0.7380
Quarterly0.00%
Dec 19, 2018
Feb 1, 2019Mar 1, 2019
$0.7380
$0.7380
Quarterly0.00%
Oct 18, 2018
Nov 1, 2018Dec 3, 2018
$0.7380
$0.7380
Quarterly+6.19%
Jun 20, 2018
Aug 1, 2018Sep 4, 2018
$0.6950
$0.6950
Quarterly0.00%
Apr 18, 2018
May 1, 2018Jun 1, 2018
$0.6950
$0.6950
Quarterly0.00%
Dec 20, 2017
Feb 1, 2018Mar 1, 2018
$0.6950
$0.6950
Quarterly0.00%
Oct 18, 2017
Nov 1, 2017Dec 1, 2017
$0.6950
$0.6950
Quarterly+6.11%
Jun 21, 2017
Aug 1, 2017Sep 1, 2017
$0.6550
$0.6550
Quarterly0.00%
Apr 20, 2017
May 1, 2017Jun 1, 2017
$0.6550
$0.6550
Quarterly0.00%
Dec 21, 2016
Feb 1, 2017Mar 1, 2017
$0.6550
$0.6550
Quarterly0.00%
Oct 20, 2016
Nov 1, 2016Dec 1, 2016
$0.6550
$0.6550
Quarterly+4.80%
Jun 22, 2016
Aug 1, 2016Sep 1, 2016
$0.6250
$0.6250
Quarterly0.00%
Apr 21, 2016
May 2, 2016Jun 1, 2016
$0.6250
$0.6250
Quarterly0.00%
Dec 16, 2015
Feb 1, 2016Mar 1, 2016
$0.6250
$0.6250
Quarterly0.00%
Oct 21, 2015
Nov 2, 2015Dec 1, 2015
$0.6250
$0.6250
Quarterly+5.04%
Jun 17, 2015
Aug 3, 2015Sep 1, 2015
$0.5950
$0.5950
Quarterly0.00%
Apr 22, 2015
May 4, 2015Jun 1, 2015
$0.5950
$0.5950
Quarterly0.00%
Dec 17, 2014
Feb 2, 2015Mar 2, 2015
$0.5950
$0.5950
Quarterly0.00%
Oct 23, 2014
Nov 3, 2014Dec 1, 2014
$0.5950
$0.5950
Quarterly+4.75%
Jun 18, 2014
Aug 1, 2014Sep 2, 2014
$0.5680
$0.5680
Quarterly0.00%
Apr 23, 2014
May 5, 2014Jun 2, 2014
$0.5680
$0.5680
Quarterly0.00%
Dec 18, 2013
Feb 3, 2014Mar 3, 2014
$0.5680
$0.5680
Quarterly-
pnw

Pinnacle West Capital Corporation Payout Ratio Analysis

PNW ยท NYSE
Dividends Paid
-422.79M
2025
Net Income
616.53M
2025
Payout Ratio
68.58%
2025

Dividend Sustainability Analysis

Payout Ratio
68.58%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
-51.6%

Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.

Dividend Growth
-7.1%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Fair

Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.