Pinnacle West Capital (PNW) Dividend
Pinnacle West Capital (PNW) currently pays a dividend yield of 3.60%, distributing $3.64 per share annually ($0.91 per quarter). The company operates in the Utilities sector.
PNW has raised its dividend for 12 consecutive years.
PNW dividend at a glance
| Dividend Yield | 3.60% |
|---|---|
| Annual Dividend | $3.64 per share |
| Per Payment | $0.91 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | November 3, 2026 |
| Next Payment Date | December 4, 2026 |
| Payout Ratio | 72% |
| Consecutive Years of Dividend Growth | 12 |
| Sector | Utilities |
| Implied Share Price (from yield) | $101.11 |
What PNW pays on a $10,000 investment
At a 3.60% yield, $10,000 invested in PNW generates about $360.00 per year, or roughly $90.00 every quarter. Share counts below use an implied price of $101.11, derived from the $3.64 annual dividend and the 3.60% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 9.9 | $36.00 | $9.00 |
| $5,000 | 49.5 | $180.00 | $45.00 |
| $10,000 | 98.9 | $360.00 | $90.00 |
| $25,000 | 247.3 | $900.00 | $225.00 |
| $100,000 | 989 | $3,600.00 | $900.00 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
PNW dividend payment schedule
PNW pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is November 3, 2026, with payment on December 4, 2026. Later rows are projected forward at the same interval and will shift when Pinnacle West Capital declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| November 3, 2026 | December 4, 2026 | $0.91 | Confirmed |
| February 3, 2027 | March 6, 2027 | $0.91 | Projected |
| May 3, 2027 | June 3, 2027 | $0.91 | Projected |
| August 3, 2027 | September 3, 2027 | $0.91 | Projected |
To collect a PNW dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How PNW's dividend compares
Across the 587 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.81%. PNW's 3.60% is 0.21 percentage points below that median, ranking 306th of 587 by yield.
Within Utilities, where we track 26 names, the median yield is 3.21% — putting PNW above its sector.
Its 12-year run of dividend increases ranks 140th out of the 362 names in our data with an active growth streak.
What the numbers mean
PNW pays out roughly 72% of its earnings as dividends. That is on the higher side — still common for utilities and consumer staples, but it leaves less cushion if earnings dip.
Like most US dividend payers, PNW distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
PNW dividend FAQ
When is the next PNW ex-dividend date?
The next PNW ex-dividend date is November 3, 2026, with the payment scheduled for December 4, 2026. You must own shares before the ex-dividend date to receive that payment.
What is PNW's dividend yield?
PNW currently yields 3.60%, based on $3.64 in dividends per share over the past year.
How often does PNW pay dividends?
PNW pays quarterly, which works out to 4 payments per year of about $0.91 per share.
How much dividend income would $10,000 of PNW generate?
At the current 3.60% yield, $10,000 invested in PNW would produce roughly $360.00 per year, or about $90.00 per quarter, before taxes and assuming the dividend holds.
Has PNW increased its dividend?
Yes — PNW has raised its dividend for 12 consecutive years.
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Similar yields to PNW
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Track PNW dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.