Pinnacle West Capital Corporati

PNW
Utilities
$97.36
3.74%Overvalued

Pinnacle West Capital Corporati (PNW) is a Utilities company that currently yields 3.74% — historically overvalued based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $66.07 and the overvaluation threshold at $90.30. Pinnacle West Capital Corporati holds a quality score of 45/100 (Average), reflecting 14 consecutive years of dividend growth with a 70% payout ratio. The 5-year dividend CAGR stands at 2.5%.

PNW Dividend Yield History — Weiss Valuation

Underval. $66.07Overval. $90.30

Distance to undervalued

Entry price is stretched

Needs 32.1% downside to reach the Weiss buy zone

Undervaluation starts near $66.07, where the annual dividend would imply roughly 5.51% yield. That is 1.77% above today's yield.

Buy-zone price

$66.07

Target yield

5.51%

Research checklist

What to clear before buying the yield

Updated Aug 23, 2026

Dividend durability

14Y

Long dividend history supports a deeper look.

Earnings payout

70%

Earnings coverage leaves room for noise.

Cash payout

N/A

Confirm cash conversion and one-off effects.

Dividend growth

2.5%

Lower growth changes the return trade-off.

What changed

What changed since the last update

2026-08-222026-08-23

No major change in signal, yield, price, quality, or payout since the last update.

Why Now?

Pinnacle West Capital Corporati is trading near its historical overvaluation band.

Current yield 3.7% vs historical max 6.8% (55% of maximum).

14 consecutive years without a dividend cut.

Reasonable payout ratio of 70%.

What matters now

Read the signal before the headline yield

Valuation is the brake here: the yield is compressed versus its own history.

The 45/100 quality score says the headline yield needs extra skepticism.

Start by checking whether payout coverage and business durability still support the dividend.

PNW Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$383

Year 10 Income

$695

Yield on Cost

7.29%

Total Income

$5,225

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

Track actual vs. projected

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More research

Full price history & technical analysis

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Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

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PNW Dividend Quality Score

Quality Score

45/ 100

Average

Payout Ratio12/25
Dividend Streak20/25
Growth (CAGR 5Y)8/20
Yield vs History5/15
FCF Coverage0/15

Key Metrics

Current Price$97.36
Annual Dividend$3.64
Current Yield3.74%
Yield — Max (10Y)6.78%
Yield — Min (10Y)4.09%
Undervalued Below$66.07
Overvalued Above$90.30
Payout Ratio69.58%
CAGR Dividend 5Y2.5%
CAGR Dividend 10Y4.1%
Years No Cut14y

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14
consecutive years of dividend growth