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Pinnacle West Capital Corporation (PNW)
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Pinnacle West Capital Corporation (PNW) Dividend Payout Ratio: 67.62%

Is Pinnacle West Capital Corporation’s dividend payout ratio high or low?

Pinnacle West Capital Corporation's dividend payout ratio of 67.62% is in line with its 5-year average of 72.75%, around the middle of its 5-year range (48.54%–97.07%).

As of Wednesday, June 24, 2026. 6.35% below its 12-month average of 72.20%.

Dividend Payout Ratio (67.62%) = TTM Dividends/Share ($3.63) / TTM EPS ($5.36)

PNW Dividend Payout Ratio

PNW Dividend Payout Ratio Chart

67.62%
-4.61% 1Y
PNW Dividend Payout Ratio

PNW Average Dividend Payout Ratio Chart

PNW Dividend Payout Ratio

PNW Current vs Average Dividend Payout Ratio Chart

PNW Dividend Payout Ratio Metrics

DIVIDEND PAYOUT RATIO

67.62%

DIVIDEND PAYOUT RATIO AVG TTM

72.20%

DIVIDEND PAYOUT RATIO AVG 3Y

73.14%

DIVIDEND PAYOUT RATIO AVG 5Y

71.77%

DIVIDEND PAYOUT RATIO AVG 10Y

67.62%

DIVIDEND PAYOUT RATIO AVG 15Y

66.76%

DIVIDEND PAYOUT RATIO AVG 20Y

68.34%

CURRENT VS TTM AVG

-6.35%

CURRENT VS 3Y AVG

-7.54%

CURRENT VS 5Y AVG

-5.78%

CURRENT VS 10Y AVG

+0.01%

CURRENT VS 15Y AVG

+1.29%

CURRENT VS 20Y AVG

-1.05%

Annual Payout Ratio History

YearEPSDividendPayout Ratio
2025$5.15$3.6069.8%
2024$5.35$3.5466.1%
2023$4.42$3.4778.6%
2022$4.27$3.4280.0%
2021$5.48$3.3460.9%
2020$4.89$3.1865.0%
2019$4.79$3.0062.5%
2018$4.56$2.8261.9%
2017$4.37$2.6660.9%
2016$3.97$2.5363.7%
2015$3.94$2.4161.2%
2014$3.59$2.3064.0%
2013$3.69$2.2059.7%
2012$3.48$2.1260.9%
2011$3.11$2.1067.5%
2010$3.28$2.1064.0%
2009$0.68$2.10308.8%
2008$2.40$2.1087.5%
2007$3.06$2.1068.6%
2006$3.29$2.0261.6%
2005$1.83$1.92105.2%
2004$2.66$1.8368.6%
2003$2.64$1.7265.3%
2002$1.76$1.6392.3%
2001$3.68$1.5241.4%
2000$3.57$1.4239.9%
1999$1.98$1.3366.9%
1998$2.87$1.2242.7%
1997$2.76$1.1340.8%
1996$2.07$1.0249.5%

Pinnacle West Capital Corporation Dividend Payout Ratio Formula & Definition

The payout ratio shows the share of trailing-12-month earnings paid out as dividends. Lower leaves more room to grow the dividend; a ratio persistently above 100% means dividends exceed earnings.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Pinnacle West Capital Corporation Dividend Payout Ratio FAQ

What is the dividend payout ratio for Pinnacle West Capital Corporation (PNW)?
The dividend payout ratio for PNW stock is 67.62%.
Is Pinnacle West Capital Corporation's dividend payout ratio high or low?
Pinnacle West Capital Corporation's dividend payout ratio of 67.62% is in line with its 5-year average of 72.75%, around the middle of its 5-year range (48.54%–97.07%).
What is the TTM average dividend payout ratio for Pinnacle West Capital Corporation (PNW)?
The TTM average dividend payout ratio for PNW stock is 72.20%.
What is the 3Y average dividend payout ratio for Pinnacle West Capital Corporation (PNW)?
The 3Y average dividend payout ratio for PNW stock is 73.14%.
What is the 5Y average dividend payout ratio for Pinnacle West Capital Corporation (PNW)?
The 5Y average dividend payout ratio for PNW stock is 71.77%.
What is the 10Y average dividend payout ratio for Pinnacle West Capital Corporation (PNW)?
The 10Y average dividend payout ratio for PNW stock is 67.62%.
What is the 15Y average dividend payout ratio for Pinnacle West Capital Corporation (PNW)?
The 15Y average dividend payout ratio for PNW stock is 66.76%.
What is the 20Y average dividend payout ratio for Pinnacle West Capital Corporation (PNW)?
The 20Y average dividend payout ratio for PNW stock is 68.34%.

Pinnacle West Capital Corporation Dividend Payout Ratio History

DATEDIVIDEND PAYOUT RATIO
2026-06-2367.62%
2026-06-1867.63%
2026-06-1667.61%
2026-06-1267.64%
2026-06-1067.65%
2026-06-0867.64%
2026-06-0467.64%
2026-06-0267.64%
2026-05-2967.64%
2026-05-2767.63%
2026-05-2267.65%
2026-05-2067.64%
2026-05-1867.62%
2026-05-1467.62%
2026-05-1267.61%
2026-05-0867.64%
2026-05-0667.64%
2026-05-0484.34%
2026-04-3071.49%
2026-04-2871.49%
2026-04-2471.49%
2026-04-2271.48%
2026-04-2071.50%
2026-04-1671.49%
2026-04-1471.47%
2026-04-1071.48%
2026-04-0871.49%
2026-04-0671.48%
2026-04-0171.47%
2026-03-3071.48%
2026-03-2671.50%
2026-03-2471.48%
2026-03-2071.48%
2026-03-1871.47%
2026-03-1671.48%
2026-03-1271.50%
2026-03-1071.48%
2026-03-0671.50%
2026-03-0471.47%
2026-03-0271.50%
2026-02-2671.48%
2026-02-2474.11%
2026-02-2074.12%
2026-02-1874.12%
2026-02-1374.13%
2026-02-1174.14%
2026-02-0974.13%
2026-02-0574.12%
2026-02-0374.14%
2026-01-3073.81%
2026-01-2873.83%
2026-01-2673.80%
2026-01-2273.83%
2026-01-2073.83%
2026-01-1573.81%
2026-01-1373.83%
2026-01-0973.82%
2026-01-0773.83%
2026-01-0573.83%
2025-12-3173.80%
2025-12-2973.83%
2025-12-2473.80%
2025-12-2273.84%
2025-12-1873.81%
2025-12-1673.81%
2025-12-1273.82%
2025-12-1073.81%
2025-12-0873.82%
2025-12-0473.83%
2025-12-0273.82%
2025-11-2873.83%
2025-11-2573.83%
2025-11-2173.84%
2025-11-1973.83%
2025-11-1773.83%
2025-11-1373.83%
2025-11-1173.83%
2025-11-0773.80%
2025-11-0573.80%
2025-11-0392.21%
2025-10-3073.80%
2025-10-2873.83%
2025-10-2473.80%
2025-10-2273.83%
2025-10-2073.82%
2025-10-1673.83%
2025-10-1473.82%
2025-10-1073.80%
2025-10-0873.82%
2025-10-0673.83%
2025-10-0273.81%
2025-09-3073.83%
2025-09-2673.82%
2025-09-2473.83%
2025-09-2273.83%
2025-09-1873.83%
2025-09-1673.81%
2025-09-1273.80%
2025-09-1073.83%
2025-09-0873.81%
2025-09-0473.82%
2025-09-0273.82%
2025-08-2873.83%
2025-08-2673.82%
2025-08-2273.83%
2025-08-2073.80%
2025-08-1873.80%
2025-08-1473.81%
2025-08-1273.81%
2025-08-0873.83%
2025-08-0673.80%
2025-08-0471.18%
2025-07-3170.89%
2025-07-2970.89%
2025-07-2570.86%
2025-07-2370.88%
2025-07-2170.88%
2025-07-1770.87%
2025-07-1570.86%
2025-07-1170.88%
2025-07-0970.86%
2025-07-0770.86%
2025-07-0270.89%
2025-06-3070.89%
2025-06-2670.88%
2025-06-2470.89%
2025-06-2070.88%
2025-06-1770.87%
2025-06-1370.89%
2025-06-1170.89%
2025-06-0970.89%
2025-06-0570.87%
2025-06-0370.87%
2025-05-3070.89%
2025-05-2870.86%
2025-05-2370.87%
2025-05-2170.87%
2025-05-1970.89%
2025-05-1570.89%
2025-05-1370.88%
2025-05-0970.86%
2025-05-0770.87%
2025-05-0570.87%
2025-05-0153.08%
2025-04-2967.99%
2025-04-2568.01%
2025-04-2368.02%
2025-04-2168.00%
2025-04-1667.99%
2025-04-1468.00%
2025-04-1068.03%
2025-04-0868.03%
2025-04-0468.01%
2025-04-0268.00%
2025-03-3168.02%
2025-03-2768.01%
2025-03-2568.01%
2025-03-2168.00%
2025-03-1968.02%
2025-03-1768.02%
2025-03-1368.01%
2025-03-1168.02%
2025-03-0768.00%
2025-03-0568.01%
2025-03-0368.00%
2025-02-2768.02%
2025-02-2568.02%
2025-02-2167.26%
2025-02-1967.23%
2025-02-1467.25%
2025-02-1267.24%
2025-02-1067.26%
2025-02-0667.24%
2025-02-0467.23%
2025-01-3150.29%
2025-01-2966.96%
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2025-01-2166.96%
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2024-12-3166.97%
2024-12-2766.95%
2024-12-2466.93%
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2024-12-0666.96%
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2024-11-1966.97%
2024-11-1566.94%
2024-11-1366.96%
2024-11-1166.96%
2024-11-0766.96%
2024-11-0565.35%
2024-11-0148.81%
2024-10-3048.80%
2024-10-2865.07%
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2024-07-3157.53%
2024-07-2976.36%
2024-07-2576.36%
2024-07-2376.37%
2024-07-1976.35%
2024-07-1776.38%
2024-07-1576.36%
2024-07-1176.36%
2024-07-0976.35%
2024-07-0576.38%
2024-07-0276.34%
2024-06-2876.36%
2024-06-2676.36%
2024-06-2476.37%
2024-06-2076.38%
2024-06-1776.38%
2024-06-1376.37%
2024-06-1176.34%
2024-06-0776.36%
2024-06-0576.37%
2024-06-0376.37%
2024-05-3076.36%
2024-05-2876.35%

Showing the most recent 260 of 2,515 data points. The chart above shows the full history.

About Pinnacle West Capital Corporation

Pinnacle West Capital Corporation (PNW), primarily operating through its Arizona Public Service Company (APS) subsidiary, delivers retail and wholesale electricity services predominantly within Arizona. The company manages the full scope of electricity provision, encompassing generation, transmission, and distribution, leveraging a diverse energy portfolio that includes coal, nuclear, natural gas, oil, and solar power facilities. Its robust infrastructure for power delivery features approximately 5,814 pole miles of overhead transmission lines and roughly 74 miles of subterranean transmission lines. For distribution, the company maintains about 11,258 miles of overhead lines and an estimated 22,821 miles of underground primary cabling. This network is further supported by 475 owned and managed transmission and distribution substations. PNW possesses or leases roughly 6,323 megawatts of regulated power generation capacity and supplies electricity to an estimated 1.3 million customers. Established in 1985, Pinnacle West Capital Corporation's corporate headquarters are situated in Phoenix, Arizona.

Phoenix, AZ
94 employees
Utilities / Regulated Electric
Sector
Utilities
Industry
Regulated Electric
CEO
Theodore N. Geisler