Pinnacle West Capital Corp (PNW) has declared a dividend of $0.91 per share, payable to shareholders of record. The ex-dividend date is set for November 2, 2025, meaning investors must own shares before this date to receive the dividend. The payment date is scheduled for November 30, 2025.
This increase of 1.7% from the previous dividend of $0.90 per share highlights the company's ongoing commitment to returning capital to shareholders. With a current dividend yield of 4.14%, Pinnacle West provides regular quarterly income to its investors.
The company operates in the utilities sector, primarily through its regulated electricity segment, which includes electricity generation, transmission, and distribution. Pinnacle West serves approximately 1.4 million customers through its subsidiary, Arizona Public Service (APS), which co-owns the Palo Verde nuclear power plant, a key electricity source for the Southwest United States.
As of November 8, 2025, Pinnacle West has a market capitalization of $10.5 billion, a P/E ratio of 18.21, and an EPS of 4.85. Upcoming earnings are expected on August 3, 2026, with an estimated EPS of $1.63 and revenue of $1.4 billion.
These dividend announcements provide insight into the company’s cash flow generation and capital allocation strategy, which can be appealing to income-focused investors. However, dividends are not guaranteed and may be adjusted based on business performance and management decisions.