What does "dividends paid" mean for Pinnacle West Capital?

Dividends paid is the total cash Pinnacle West Capital distributed to all common shareholders during a period, as reported in the Cash Flow Statement under financing activities. It is an aggregate dollar amount — not a per-share figure. To find the dividend per share (DPS), divide dividends paid by the weighted-average share count for the same period.

How much did Pinnacle West Capital pay in total dividends (TTM)?

Pinnacle West Capital (PNW) paid $426M in total cash dividends to common shareholders as of the trailing twelve months (TTM) ending March 31, 2026. This is the aggregate amount from the Cash Flow Statement, not adjusted for share count.

Is Pinnacle West Capital paying more or less in total dividends than last year?

Pinnacle West Capital (PNW) total dividends paid changed +7.1% year-over-year based on the latest annual filing. An increase means the company distributed more cash in aggregate — either because the per-share dividend was raised, the share count grew, or both.

What is the long-term growth rate of Pinnacle West Capital's total dividends paid?

Pinnacle West Capital (PNW) total cash dividends paid have grown at a +3.8% compound annual rate over the most recent 5 years. This reflects both dividend-per-share growth and any changes in share count over that period.

In which year did Pinnacle West Capital pay the most in total dividends?

Pinnacle West Capital paid the highest aggregate cash dividend of $423M in 2025, based on annual Cash Flow Statement data.

How much did Pinnacle West Capital pay in total dividends in 2024?

Pinnacle West Capital (PNW) paid $395M in total cash dividends to common shareholders in 2024.

How much did Pinnacle West Capital pay in total dividends in 2025?

Pinnacle West Capital (PNW) paid $423M in total cash dividends to common shareholders in 2025.

Pinnacle West Capital (PNW) Dividends Paid

Latest period

$426M

YoY change

+7.1%

5Y CAGR

+3.8%

Peak year (FY2025)

$423M

Dividends Paid history chart for Pinnacle West Capital (PNW) from 2016 to 2025

Latest: $423M

Dividends Paid growth chart for Pinnacle West Capital (PNW) from 2016 to 2025

Latest: +7.1%

Dividends Paid history table for Pinnacle West Capital (PNW) from 1994 to 2025


FY2025	$423M	+7.1%	+$28.1M	Dec 31, 2025	Feb 25, 2026
FY2024	$395M	+2.1%	+$8.18M	Dec 31, 2024	Feb 25, 2025
FY2023	$386M	+2.0%	+$7.61M	Dec 31, 2023	Feb 27, 2024
FY2022	$379M	+2.5%	+$9.4M	Dec 31, 2022	Feb 27, 2023
FY2021	$369M	+5.4%	+$18.9M	Dec 31, 2021	Feb 25, 2022
FY2020	$351M	+6.4%	+$20.9M	Dec 31, 2020	Feb 24, 2021
FY2019	$330M	+6.7%	+$20.8M	Dec 31, 2019	Feb 21, 2020
FY2018	$309M	+6.6%	+$19.1M	Dec 31, 2018	Feb 22, 2019
FY2017	$290M	+5.7%	+$15.6M	Dec 31, 2017	Feb 23, 2018
FY2016	$274M	+5.5%	+$14.2M	Dec 31, 2016	Feb 24, 2017
FY2015	$260M	+5.4%	+$13.4M	Dec 31, 2015	Feb 19, 2016
FY2014	$247M	+4.9%	+$11.4M	Dec 31, 2014	Feb 20, 2015
FY2013	$235M	+4.5%	+$10.2M	Dec 31, 2013	Feb 21, 2014
FY2012	$225M	+1.5%	+$3.35M	Dec 31, 2012	Feb 22, 2013
FY2011	$222M	+2.2%	+$4.75M	Dec 31, 2011	Feb 24, 2012
FY2010	$217M	+5.8%	+$11.9M	Dec 31, 2010	Feb 18, 2011
FY2009	$205M	+0.4%	+$829K	Dec 31, 2009	Feb 19, 2010
FY2008	$204M	-3.0%	-$6.23M	Dec 31, 2008	Feb 20, 2009
FY2007	$210M	+4.6%	+$9.25M	Dec 31, 2007	Feb 27, 2008
FY2006	$201M	+7.8%	+$14.5M	Dec 31, 2006	Feb 28, 2007
FY2005	$187M	+11.9%	+$19.9M	Dec 31, 2005	Mar 13, 2006
FY2004	$167M	+5.9%	+$9.36M	Dec 31, 2004	Mar 16, 2005
FY2003	$157M	+14.3%	+$19.7M	Dec 31, 2003	Mar 15, 2004
FY2002	$138M	+6.6%	+$8.52M	Dec 31, 2002	Mar 31, 2003
FY2001	$129M	—	+$129M	Dec 31, 2001	Mar 27, 2002
FY2000	$0.00	-100.0%	-$112M	Dec 31, 2000	Mar 14, 2001
FY1999	$112M	+8.2%	+$8.5M	Dec 31, 1999	Mar 30, 2000
FY1998	$104M	+7.9%	+$7.6M	Dec 31, 1998	Mar 31, 1999
FY1997	$96.2M	+7.4%	+$6.6M	Dec 31, 1997	Mar 31, 1998
FY1996	$89.6M	+10.8%	+$8.7M	Dec 31, 1996	Mar 31, 1997
FY1995	$80.9M	+12.2%	+$8.8M	Dec 31, 1995	Apr 1, 1996
FY1994	$72.1M	—	—	Dec 31, 1994	Mar 31, 1995

FY2025$423M+7.1%
FY2024$395M+2.1%
FY2023$386M+2.0%
FY2022$379M+2.5%
FY2021$369M+5.4%
FY2020$351M+6.4%
FY2019$330M+6.7%
FY2018$309M+6.6%
FY2017$290M+5.7%
FY2016$274M+5.5%
FY2015$260M+5.4%
FY2014$247M+4.9%
FY2013$235M+4.5%
FY2012$225M+1.5%
FY2011$222M+2.2%
FY2010$217M+5.8%
FY2009$205M+0.4%
FY2008$204M-3.0%
FY2007$210M+4.6%
FY2006$201M+7.8%
FY2005$187M+11.9%
FY2004$167M+5.9%
FY2003$157M+14.3%
FY2002$138M+6.6%
FY2001$129M—
FY2000$0.00-100.0%
FY1999$112M+8.2%
FY1998$104M+7.9%
FY1997$96.2M+7.4%
FY1996$89.6M+10.8%
FY1995$80.9M+12.2%
FY1994$72.1M—

Dividends Paid values are taken from Pinnacle West Capital's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Dividends Paid at Pinnacle West Capital (PNW)

Dividends Paid for Pinnacle West Capital (PNW): headline value $426M · YoY +7.1%. Annual and quarterly series, chart, and tables are below.

Headline figure above is from the reporting period ending March 31, 2026 (reported May 4, 2026). Chart and table below cover the full reported history back to 1994.

Pinnacle West Capital (PNW) most recent annual dividends paid stands at $423M (2025) – grew 7.1% year-over-year.

Over 2020–2025 (5 years), Pinnacle West Capital dividends paid expanded at a +3.8% compound annual rate, sustaining 17 straight years of year-over-year growth.

2025 marks the peak dividends paid at $423M, with the historical low of $0.00 recorded in 2000.

Pinnacle West Capital Dividends Paid by Year

Pinnacle West Capital Dividends Paid 2025: $423M

2025's dividends paid for Pinnacle West Capital came in at $423M, grew 7.1% from 2024. This figure represents the highest annual value in the available history.

Pinnacle West Capital Dividends Paid 2024: $395M

Pinnacle West Capital posted dividends paid of $395M in 2024, edged up 2.1% from 2023.

Pinnacle West Capital Dividends Paid 2023: $386M

In 2023, Pinnacle West Capital reported dividends paid of $386M, edged up 2.0% from 2022.

Pinnacle West Capital Dividends Paid 2022: $379M

Pinnacle West Capital dividends paid in 2022 was $379M, edged up 2.5% from 2021.

Pinnacle West Capital Dividends Paid 2021: $369M

Pinnacle West Capital dividends paid in 2021 was $369M.

See more financial history for Pinnacle West Capital (PNW).

Sector peers by Dividends Paid

Utilities peers of Pinnacle West Capital (PNW), ranked by their latest dividends paid


NextEra Energy (NEE)	$4.68B
Duke Energy (DUK)	$3.3B
Southern Company (SO)	$3.02B
Dominion Energy (D)	$2.28B
American Electric Power Company (AEP)	$2.01B
Sempra (SRE)	$1.6B
Constellation Energy (CEG)	$486M
Vistra (VST)	$306M

NextEra Energy (NEE)
$4.68B
Duke Energy (DUK)
$3.3B
Southern Company (SO)
$3.02B
Dominion Energy (D)
$2.28B
American Electric Power Company (AEP)
$2.01B
Sempra (SRE)
$1.6B
Constellation Energy (CEG)
$486M
Vistra (VST)
$306M

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