Pinnacle West Capital Dividends and Buybacks
Dividend criteria checks 4/6
Pinnacle West Capital is a dividend paying company with a current yield of 3.83% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 4th November, 2024.
Key information
3.8%
Dividend yield
0.06%
Buyback Yield
| Total Shareholder Yield | 3.9% |
| Future Dividend Yield | 4.1% |
| Dividend Growth | 2.7% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 04 Nov 24 |
| Dividend per share | US$3.520 |
| Payout ratio | 65% |
Recent dividend and buyback updates
Recent updates
Pinnacle West Capital (NYSE:PNW) Is Paying Out A Larger Dividend Than Last Year
Oct 27
Is 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 Capital (NYSE:PNW) Is Reinvesting At Lower Rates Of Return
Dec 12Pinnacle West: With Regulatory Problems In The Past, Nearing A Strong Entry Point
Nov 13Is Pinnacle West Capital Corporation (NYSE:PNW) Trading At A 21% Discount?
Nov 09Is Pinnacle West Capital (NYSE:PNW) Using Too Much Debt?
Sep 14Pinnacle West: Stellar Outperformance Amongst Utilities
Sep 11Pinnacle West Capital (NYSE:PNW) Might Be Having Difficulty Using Its Capital Effectively
Aug 24Are Pinnacle West Capital Investors Setting Themselves Up For A Fall?
Jun 29Pinnacle West Capital (NYSE:PNW) Has No Shortage Of Debt
Jun 12Some Investors May Be Worried About Pinnacle West Capital's (NYSE:PNW) Returns On Capital
May 26Calculating The Intrinsic Value Of Pinnacle West Capital Corporation (NYSE:PNW)
May 08Pinnacle West Capital (NYSE:PNW) Seems To Be Using A Lot Of Debt
Mar 03Pinnacle West Capital Q4 2022 Earnings Preview
Feb 24Stability 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) | 3.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Electric Utilities) | 3.0% |
| Analyst forecast (PNW) (up to 3 years) | 4.1% |
Notable Dividend: PNW's dividend (3.83%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: PNW's dividend (3.83%) is low compared to the top 25% of dividend payers in the US market (4.32%).
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.