Pinnacle West Capital Dividends and Buybacks
Dividend criteria checks 4/6
Pinnacle West Capital is a dividend paying company with a current yield of 4.16% that is well covered by earnings. Next payment date is on 3rd March, 2025 with an ex-dividend date of 3rd February, 2025.
Key information
4.2%
Dividend yield
0.07%
Buyback Yield
| Total Shareholder Yield | 4.2% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | 3.1% |
| Next dividend pay date | 03 Mar 25 |
| Ex dividend date | 03 Feb 25 |
| Dividend per share | US$3.520 |
| Payout ratio | 65% |
Recent dividend and buyback updates
Recent updates
Pinnacle West Capital Corporation's (NYSE:PNW) Earnings Are Not Doing Enough For Some Investors
Dec 06
Pinnacle West Is Back To Fair Valuation
Nov 23Pinnacle West Capital (NYSE:PNW) Is Paying Out A Larger Dividend Than Last Year
Oct 27Is Pinnacle West Capital Corporation (NYSE:PNW) Trading At A 21% Discount?
Sep 28Pinnacle West Capital (NYSE:PNW) Takes On Some Risk With Its Use Of Debt
Sep 10Investors Met With Slowing Returns on Capital At Pinnacle West Capital (NYSE:PNW)
Aug 22Wait On Pinnacle West Capital For Lower Interest Rates
Aug 16Pinnacle West Capital Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Aug 04Pinnacle West Capital Corporation's (NYSE:PNW) Business Is Yet to Catch Up With Its Share Price
Jul 21Pinnacle West: Shares Look Fully Valued Now, But Growth Is On The Horizon
Jul 12An Intrinsic Calculation For Pinnacle West Capital Corporation (NYSE:PNW) Suggests It's 23% Undervalued
Jun 15Pinnacle West: Demand For Its Electricity Is Booming
Jun 10Here's Why Pinnacle West Capital (NYSE:PNW) Is Weighed Down By Its Debt Load
May 27Some Investors May Be Worried About Pinnacle West Capital's (NYSE:PNW) Returns On Capital
May 05Pinnacle West Capital Corporation's (NYSE:PNW) Share Price Not Quite Adding Up
Apr 19Pinnacle West: Equity Offering Dilution Offset By Credit Stabilization
Mar 26Earnings Update: Pinnacle West Capital Corporation (NYSE:PNW) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts
Mar 01Are Investors Undervaluing Pinnacle West Capital Corporation (NYSE:PNW) By 33%?
Feb 11Here's Why Pinnacle West Capital (NYSE:PNW) Is Weighed Down By Its Debt Load
Jan 26Pinnacle West: Highest Yield Amongst Quality Utility Plays (Rating Upgrade)
Jan 12Pinnacle West Capital Corporation's (NYSE:PNW) Business Is Yet to Catch Up With Its Share Price
Dec 27Pinnacle West: With Regulatory Problems In The Past, Nearing A Strong Entry Point
Nov 13Pinnacle West: Stellar Outperformance Amongst Utilities
Sep 11Are Pinnacle West Capital Investors Setting Themselves Up For A Fall?
Jun 29Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PNW's dividends per share have been stable in the past 10 years.
Growing Dividend: PNW's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Pinnacle West Capital Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PNW) | 4.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Electric Utilities) | 3.1% |
| Analyst forecast (PNW) (up to 3 years) | 4.4% |
Notable Dividend: PNW's dividend (4.16%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: PNW's dividend (4.16%) is low compared to the top 25% of dividend payers in the US market (4.53%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65%), PNW's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PNW is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 22:43 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Pinnacle West Capital Corporation is covered by 32 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gary Hovis | Argus Research Company |
| Daniel Ford | Barclays |
| Nicholas Campanella | Barclays |