Pinnacle West Capital Corporation (PNW) Dividend History
PNW latest dividend
$0.91last dividend per share
Ex-dividend dateAug 3Monday, 2026
Payment dateSep 1Tuesday, 2026
The next dividend has not been announced yet.
- 14 yearsof dividend increases
- 1993paying since
- Quarterly4 payments a year
- +2.5%5-year growth a year
- 3.52%forward yield
PNW dividend income calculator
- Dividend income a year
- $364
- Each payment
- $91
- Value of the shares
- $10,342
- Dividend yield
- 3.52%
At the latest close; forward annual dividend $3.64 per share, before tax.
PNW dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
PNW dividend safety
Payout ratio (earnings)69.7%
Stretched · of trailing twelve-month earnings paid as dividends
Dividend growth (5 years)+2.5%
Slow growth · a year on average
Years of increases14
Long record · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
PNW yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $93.15 | 3.91% | $3.64 | 3.9% |
| 3 years ago | $75.72 | 4.81% | $10.74 | 14.2% |
| 5 years ago | $67.01 | 5.43% | $17.60 | 26.3% |
| 10 years ago | $75.12 | 4.85% | $32.40 | 43.1% |
| 20 years ago | $47.38 | 7.68% | $54.34 | 114.7% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
PNW dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
PNW dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $3.60 | +1.7% | 4.05% | 4 |
| 2024 | $3.54 | +1.7% | 4.17% | 4 |
| 2023 | $3.48 | +1.8% | 4.84% | 4 |
| 2022 | $3.42 | +2.2% | 4.49% | 4 |
| 2021 | $3.34 | +5.1% | 4.73% | 4 |
| 2020 | $3.18 | +6.1% | 3.98% | 4 |
| 2019 | $3.00 | +6.2% | 3.33% | 4 |
| 2018 | $2.82 | +6.1% | 3.31% | 4 |
| 2017 | $2.66 | +5.1% | 3.12% | 4 |
| 2016 | $2.53 | +5.0% | 3.24% | 4 |
| 2015 | $2.41 | +4.8% | 3.74% | 4 |
| 2014 | $2.30 | +4.4% | 3.37% | 4 |
| 2013 | $2.20 | +3.9% | 4.16% | 4 |
| 2012 | $2.12 | +1.0% | 4.16% | 4 |
| 2011 | $2.10 | 0.0% | 4.36% | 4 |
| 2010 | $2.10 | 0.0% | 5.07% | 4 |
| 2009 | $2.10 | 0.0% | 5.74% | 4 |
| 2008 | $2.10 | 0.0% | 6.54% | 4 |
| 2007 | $2.10 | +3.7% | 4.95% | 4 |
| 2006 | $2.02 | — | 3.99% | 4 |
PNW dividend history
151 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-08-03 | 2026-09-01 | $0.91 | — | Quarterly |
| 2026-05-04 | 2026-06-01 | $0.91 | — | Quarterly |
| 2026-02-02 | 2026-03-02 | $0.91 | — | Quarterly |
| 2025-11-03 | 2025-12-01 | $0.91 | +1.7% | Quarterly |
| 2025-08-01 | 2025-09-02 | $0.895 | — | Quarterly |
| 2025-05-05 | 2025-06-02 | $0.895 | — | Quarterly |
| 2025-02-03 | 2025-03-03 | $0.895 | — | Quarterly |
| 2024-11-04 | 2024-12-02 | $0.895 | +1.7% | Quarterly |
| 2024-08-01 | 2024-09-03 | $0.88 | — | Quarterly |
| 2024-04-30 | 2024-06-03 | $0.88 | — | Quarterly |
| 2024-01-31 | 2024-03-01 | $0.88 | — | Quarterly |
| 2023-10-31 | 2023-12-01 | $0.88 | +1.7% | Quarterly |
| 2023-07-31 | 2023-09-01 | $0.865 | — | Quarterly |
| 2023-04-28 | 2023-06-01 | $0.865 | — | Quarterly |
| 2023-01-31 | 2023-03-01 | $0.865 | — | Quarterly |
| 2022-10-31 | 2022-12-01 | $0.865 | +1.8% | Quarterly |
Show all 151 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-07-29 | 2022-09-01 | $0.85 | — | Quarterly |
| 2022-04-29 | 2022-06-01 | $0.85 | — | Quarterly |
| 2022-01-31 | 2022-03-01 | $0.85 | — | Quarterly |
| 2021-11-15 | 2021-12-01 | $0.85 | +2.4% | Quarterly |
| 2021-07-30 | 2021-09-01 | $0.83 | — | Quarterly |
| 2021-04-30 | 2021-06-01 | $0.83 | — | Quarterly |
| 2021-01-29 | 2021-03-01 | $0.83 | — | Quarterly |
| 2020-10-30 | 2020-12-01 | $0.83 | +6.0% | Quarterly |
| 2020-07-31 | 2020-09-01 | $0.783 | — | Quarterly |
| 2020-05-01 | 2020-06-01 | $0.783 | — | Quarterly |
| 2020-01-31 | 2020-03-02 | $0.783 | — | Quarterly |
| 2019-11-01 | 2019-12-02 | $0.783 | +6.1% | Quarterly |
| 2019-07-31 | 2019-09-03 | $0.738 | — | Quarterly |
| 2019-04-30 | 2019-06-03 | $0.738 | — | Quarterly |
| 2019-01-31 | 2019-03-01 | $0.738 | — | Quarterly |
| 2018-10-31 | 2018-12-03 | $0.738 | +6.2% | Quarterly |
| 2018-07-31 | 2018-09-04 | $0.695 | — | Quarterly |
| 2018-04-30 | 2018-06-01 | $0.695 | — | Quarterly |
| 2018-01-31 | 2018-03-01 | $0.695 | — | Quarterly |
| 2017-10-31 | 2017-12-01 | $0.695 | +6.1% | Quarterly |
| 2017-07-28 | 2017-09-01 | $0.655 | — | Quarterly |
| 2017-04-27 | 2017-06-01 | $0.655 | — | Quarterly |
| 2017-01-30 | 2017-03-01 | $0.655 | — | Quarterly |
| 2016-10-28 | 2016-12-01 | $0.655 | +4.8% | Quarterly |
| 2016-07-28 | 2016-09-01 | $0.625 | — | Quarterly |
| 2016-04-28 | 2016-06-01 | $0.625 | — | Quarterly |
| 2016-01-28 | 2016-03-01 | $0.625 | — | Quarterly |
| 2015-10-29 | 2015-12-01 | $0.625 | +5.0% | Quarterly |
| 2015-07-30 | 2015-09-01 | $0.595 | — | Quarterly |
| 2015-04-30 | 2015-06-01 | $0.595 | — | Quarterly |
| 2015-01-29 | 2015-03-02 | $0.595 | — | Quarterly |
| 2014-10-30 | 2014-12-01 | $0.595 | +4.8% | Quarterly |
| 2014-07-30 | 2014-09-02 | $0.568 | — | Quarterly |
| 2014-05-01 | 2014-06-02 | $0.568 | — | Quarterly |
| 2014-01-30 | 2014-03-03 | $0.568 | — | Quarterly |
| 2013-10-31 | 2013-12-02 | $0.568 | +4.2% | Quarterly |
| 2013-07-30 | 2013-09-03 | $0.545 | — | Quarterly |
| 2013-04-29 | 2013-06-03 | $0.545 | — | Quarterly |
| 2013-01-30 | 2013-03-01 | $0.545 | — | Quarterly |
| 2012-10-31 | 2012-12-03 | $0.545 | +3.8% | Quarterly |
| 2012-07-30 | 2012-09-04 | $0.525 | — | Quarterly |
| 2012-04-27 | 2012-06-01 | $0.525 | — | Quarterly |
| 2012-01-30 | 2012-03-01 | $0.525 | — | Quarterly |
| 2011-10-28 | 2011-12-01 | $0.525 | — | Quarterly |
| 2011-07-28 | 2011-09-01 | $0.525 | — | Quarterly |
| 2011-04-28 | 2011-06-01 | $0.525 | — | Quarterly |
| 2011-01-28 | 2011-03-01 | $0.525 | — | Quarterly |
| 2010-10-28 | 2010-12-01 | $0.525 | — | Quarterly |
| 2010-07-29 | 2010-09-01 | $0.525 | — | Quarterly |
| 2010-04-29 | 2010-06-01 | $0.525 | — | Quarterly |
| 2010-01-28 | 2010-03-01 | $0.525 | — | Quarterly |
| 2009-10-29 | 2009-12-01 | $0.525 | — | Quarterly |
| 2009-07-30 | 2009-09-01 | $0.525 | — | Quarterly |
| 2009-04-29 | 2009-06-01 | $0.525 | — | Quarterly |
| 2009-01-29 | 2009-03-02 | $0.525 | — | Quarterly |
| 2008-10-30 | 2008-12-01 | $0.525 | — | Quarterly |
| 2008-07-30 | 2008-09-02 | $0.525 | — | Quarterly |
| 2008-04-29 | 2008-06-02 | $0.525 | — | Quarterly |
| 2008-01-30 | 2008-03-03 | $0.525 | — | Quarterly |
| 2007-10-30 | 2007-12-03 | $0.525 | — | Quarterly |
| 2007-07-30 | 2007-09-04 | $0.525 | — | Quarterly |
| 2007-04-27 | 2007-06-01 | $0.525 | — | Quarterly |
| 2007-01-30 | 2007-03-01 | $0.525 | — | Quarterly |
| 2006-10-30 | 2006-12-01 | $0.525 | +5.0% | Quarterly |
| 2006-07-28 | 2006-09-01 | $0.5 | — | Quarterly |
| 2006-04-27 | 2006-06-01 | $0.5 | — | Quarterly |
| 2006-01-30 | 2006-03-01 | $0.5 | — | Quarterly |
| 2005-10-28 | 2005-12-01 | $0.5 | +5.3% | Quarterly |
| 2005-07-28 | 2005-09-01 | $0.475 | — | Quarterly |
| 2005-04-28 | 2005-06-01 | $0.475 | — | Quarterly |
| 2005-01-28 | 2005-03-01 | $0.475 | — | Quarterly |
| 2004-10-28 | 2004-12-01 | $0.475 | +5.6% | Quarterly |
| 2004-07-29 | 2004-09-01 | $0.45 | — | Quarterly |
| 2004-04-29 | 2004-06-01 | $0.45 | — | Quarterly |
| 2004-01-29 | 2004-03-01 | $0.45 | — | Quarterly |
| 2003-10-30 | 2003-12-01 | $0.45 | +5.9% | Quarterly |
| 2003-07-30 | 2003-09-01 | $0.425 | — | Quarterly |
| 2003-04-29 | 2003-06-01 | $0.425 | — | Quarterly |
| 2003-01-30 | 2003-03-01 | $0.425 | — | Quarterly |
| 2002-10-30 | 2002-12-01 | $0.425 | +6.2% | Quarterly |
| 2002-07-30 | 2002-09-01 | $0.4 | — | Quarterly |
| 2002-04-29 | 2002-06-01 | $0.4 | — | Quarterly |
| 2002-01-30 | 2002-03-01 | $0.4 | — | Quarterly |
| 2001-10-30 | 2001-12-01 | $0.4 | +6.7% | Quarterly |
| 2001-07-30 | 2001-09-01 | $0.375 | — | Quarterly |
| 2001-04-27 | 2001-06-01 | $0.375 | — | Quarterly |
| 2001-01-30 | 2001-03-01 | $0.375 | — | Quarterly |
| 2000-10-30 | 2000-12-01 | $0.375 | +7.1% | Quarterly |
| 2000-07-28 | 2000-09-01 | $0.35 | — | Quarterly |
| 2000-04-27 | 2000-06-01 | $0.35 | — | Quarterly |
| 2000-01-28 | 2000-03-01 | $0.35 | — | Quarterly |
| 1999-10-28 | 1999-12-01 | $0.35 | +7.7% | Quarterly |
| 1999-07-29 | 1999-09-01 | $0.325 | — | Quarterly |
| 1999-04-29 | 1999-06-01 | $0.325 | — | Quarterly |
| 1999-01-28 | 1999-03-01 | $0.325 | — | Quarterly |
| 1998-10-29 | 1998-12-01 | $0.325 | +8.3% | Quarterly |
| 1998-07-30 | 1998-09-01 | $0.3 | — | Quarterly |
| 1998-04-29 | 1998-06-01 | $0.3 | — | Quarterly |
| 1998-01-29 | 1998-03-01 | $0.3 | — | Quarterly |
| 1997-10-30 | 1997-12-01 | $0.3 | +9.1% | Quarterly |
| 1997-07-30 | 1997-09-01 | $0.275 | — | Quarterly |
| 1997-04-30 | 1997-06-01 | $0.275 | — | Quarterly |
| 1997-01-30 | 1997-03-01 | $0.275 | — | Quarterly |
| 1996-10-30 | 1996-12-01 | $0.275 | +10.0% | Quarterly |
| 1996-07-30 | 1996-09-01 | $0.25 | — | Quarterly |
| 1996-04-29 | 1996-06-01 | $0.25 | — | Quarterly |
| 1996-01-30 | 1996-03-01 | $0.25 | — | Quarterly |
| 1995-10-30 | 1995-12-01 | $0.25 | +11.1% | Quarterly |
| 1995-07-28 | 1995-09-01 | $0.225 | — | Quarterly |
| 1995-04-25 | 1995-06-01 | $0.225 | — | Quarterly |
| 1995-01-26 | 1995-03-01 | $0.225 | — | Quarterly |
| 1994-10-26 | 1994-12-01 | $0.225 | +12.5% | Quarterly |
| 1994-07-26 | 1994-09-01 | $0.2 | — | Quarterly |
| 1994-04-26 | 1994-06-01 | $0.2 | — | Quarterly |
| 1994-01-26 | 1994-03-01 | $0.2 | — | Quarterly |
| 1993-10-26 | 1993-12-01 | $0.2 | −50.0% | |
| 1989-07-26 | 1989-09-01 | $0.4 | — | Quarterly |
| 1989-04-25 | 1989-06-01 | $0.4 | — | Quarterly |
| 1989-01-26 | 1989-03-01 | $0.4 | −42.9% | Quarterly |
| 1988-10-26 | 1988-12-01 | $0.7 | — | Quarterly |
| 1988-07-26 | 1988-09-01 | $0.7 | — | Quarterly |
| 1988-04-26 | 1988-06-01 | $0.7 | — | Quarterly |
| 1988-01-26 | 1988-03-01 | $0.7 | — | Quarterly |
| 1987-10-27 | 1987-12-01 | $0.7 | — | Quarterly |
| 1987-07-28 | 1987-09-01 | $0.7 | — | Quarterly |
| 1987-04-28 | 1987-06-01 | $0.7 | +2.9% | Quarterly |
| 1987-01-27 | 1987-03-01 | $0.68 | — | |
| 1986-10-28 | — | $0.68 | — | |
| 1986-07-29 | — | $0.68 | — | |
| 1986-04-29 | — | $0.68 | — | |
| 1986-01-28 | — | $0.68 | — | |
| 1985-10-29 | — | $0.68 | — | |
| 1985-07-26 | — | $0.68 | — | |
| 1985-05-01 | — | $0.68 | +134.5% | |
| 1973-04-25 | — | $0.29 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
PNW stock split history
Pinnacle West has no stock splits on record.
PNW dividend overview
Pinnacle West pays an annual dividend of $3.64 per share, a yield of 3.52% at the latest close, paid quarterly. It paid $3.60 per share in 2025, up 1.7% from 2024. It has raised its dividend for 14 consecutive years. Over five years the dividend grew 2.5% a year on average and over ten years 4.1% a year. The payout ratio is 69.7% of trailing earnings.
Related: PNW cash flow statement, PNW key metrics, PNW chart. See the PNW stock overview for the latest quote and news.
PNW dividends FAQ
Does Pinnacle West pay a dividend?
Yes. Pinnacle West has paid a regular dividend since 1993, quarterly, most recently $0.91 per share with an ex-dividend date of August 3, 2026. It also paid dividends from 1973 to 1989.
What is Pinnacle West's dividend yield?
Pinnacle West's forward annual dividend is $3.64 per share, a dividend yield of 3.52% at the latest close of $103.42.
How often does Pinnacle West pay dividends?
Pinnacle West pays dividends quarterly.
How fast is Pinnacle West's dividend growing?
Pinnacle West's dividend per share grew from $3.18 in 2020 to $3.60 in 2025, 2.5% a year on average over five years; it has increased for 14 years in a row.
What is Pinnacle West's dividend payout ratio?
Pinnacle West pays out 69.7% of its trailing earnings as dividends.
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