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Corporate Score 30 Bullish

Pinnacle West Capital Announces Quarterly Dividend Distribution

Apr 30, 2026 14:56 UTC
PNW, FXU
Short term

Pinnacle West Capital Corp (PNW) has scheduled its ex-dividend date for May 4, 2026. Shareholders will receive a quarterly payment of $0.91 per share on June 1.

  • Ex-dividend date: May 4, 2026
  • Dividend amount: $0.91 per share
  • Payment date: June 1, 2026
  • Estimated annualized yield: 3.54%
  • Current price $103.14 is near 52-week high of $104.92
  • 4.17% weighting in First Trust Utilities AlphaDEX Fund ETF (FXU)

Pinnacle West Capital Corp (PNW) is moving forward with its quarterly shareholder distributions, establishing May 4, 2026, as the ex-dividend date. The company has declared a dividend of $0.91 per share, which is scheduled for payment on June 1, 2026. This distribution supports an estimated annualized yield of 3.54%. The dividend payment comes as the company maintains a steady valuation, with shares recently trading at $103.14. This price point sits near the top of the stock's 52-week range, which has fluctuated between a low of $85.323 and a high of $104.92. In recent trading sessions, PNW shares saw a modest increase of approximately 1.1%. This upward movement mirrored the performance of the First Trust Utilities AlphaDEX Fund ETF (FXU), in which Pinnacle West Capital holds a 4.17% weighting. The FXU ETF also rose by roughly 1.1% during the same period. For income-focused investors, the consistency of these payments remains a key metric for evaluating the stock's long-term value proposition within the utilities sector.

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