SmarterDividends
PNW

Pinnacle West Capital Corporation

PNW32 yrs growth

Utilities · Stock · quarterly payer

Forward Yield

3.62%

Annual Dividend

$3.64

Payout Ratio

67%

5-Yr Growth

2.7%

Ex-Date

May 4, 2026

Frequency

Quarterly

PNW Dividend Safety Score

88/ 100
Grade A

Very Safe

Dividend-growth streak31 consecutive years of growth
Cut historyCut its dividend in 1994
Earnings payout coverage67% of earnings paid out
Balance-sheet strengthDebt/equity of 2.13
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is PNW a good dividend stock?

Yes

Pinnacle West Capital Corporation (PNW) pays a quarterly dividend yielding 3.62% ($3.64/yr), with 32 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Dividend Aristocrat — 32 consecutive years of growth
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 1994

Key Data

Dividend Yield
3.62%
Payout Ratio
67%
Annual Dividend
$3.64
5-Yr Avg Growth
2.7%
Ex-Dividend Date
May 4, 2026
Years of Growth
32
Frequency
quarterly
Beta
0.44
Market Cap
$12.2B
P/E Ratio
18.7
5-Yr Total Return
24%
52-Week Range
$85.32 – $104.92
Dividend Safety
A · 88/100
Ever Cut?
Yes (1994)
PNW ex-dividend date & scheduleNext ex-date May 4, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $3.64 / yr per share

Per payment (quarterly)$91.00
Annual$364.00
Monthly avg$30.33