Pinnacle West Capital Corp (PNW) Dividend Analysis
Comprehensive dividend yield, safety, growth, and income analysis for PNW.
Pinnacle West Capital Corp (PNW) pays a solid 3.69% dividend yield, or $3.64 per share annually at a stock price of $98.66. The payout ratio of 67% is moderate. The dividend is currently covered by earnings but leaves less room for growth. Earnings cover the dividend 1.5x. Dividend growth has been steady, with a 3-year CAGR of 1.7% and a 5-year CAGR of 2.1% (10-year: 3.9%). The most recent ex-dividend date was May 4, 2026.
Dividend Overview
Pinnacle West Capital Corp (PNW) pays a solid 3.69% dividend yield, or $3.64 per share annually at a stock price of $98.66.
Dividend Safety
The payout ratio of 67% is moderate. The dividend is currently covered by earnings but leaves less room for growth.
DRIP Projection
$10,000 invested in PNW with dividends reinvested would grow to approximately $14,872 after 10 years, generating roughly $672/year in dividend income. This projection assumes the current 3.69% yield and a 2.1% annual dividend growth rate with all dividends reinvested.
| Year | Portfolio Value | Annual Income | Total Return |
|---|---|---|---|
| Year 1 | $10,369 | $390 | +4% |
| Year 5 | $12,075 | $493 | +21% |
| Year 10 | $14,872 | $672 | +49% |
| Year 15 | $18,721 | $937 | +87% |
| Year 20 | $24,142 | $1,339 | +141% |
Assumes constant share price and reinvestment at current price. Actual results will vary. Try our DRIP Calculator for a customized projection with real historical data.
Payment Schedule
You must own shares before the ex-dividend date to receive the upcoming payment. Payment typically arrives 2-4 weeks after the ex-date.
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