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PHOENIX, October 21, 2026--Pinnacle West Capital Corp.'s board voted today to raise the Company’s dividend by 1.6%, or 6 cents per common share annually.

Pinnacle West Capital Corporation’s (NYSE: PNW) board of directors voted today to raise the Company’s dividend by 1.6%, or 6 cents per common share annually. This action will result in an indicated annual dividend of

Jefferies analyst Julien Dumoulin-Smith maintains Pinnacle West Capital (NYSE:PNW) with a Buy and lowers the price target from $129 to $109.

Truist Securities analyst Richard Sunderland maintains Pinnacle West Capital (NYSE:PNW) with a Hold and lowers the price target from $101 to $99.

Scotiabank analyst Ian Rapp initiates coverage on Pinnacle West Capital (NYSE:PNW) with a Sector Outperform rating and announces Price Target of $104.

Reaves W H & Co Inc’s second-quarter 2026 investor letter reports a 0.25% net increase for its “Reaves Dividend Income Strategy”, outperforming the MSCI USA Infrastructure benchmark, while year-to-date performance reached 13.85%, also ahead of the index. The letter can be downloaded here. Cash distributions from portfolio companies grew by a weighted average 5.3% over […]
Pinnacle West Capital (PNW) is back on investors’ radar after sector data highlighted its year to date return of 10.8%, ahead of the broader utilities group, with improved earnings expectations supporting the recent attention. Over the past month Pinnacle West Capital’s share price has pulled back, with a 30 day share price return of 7.91% down and a 7 day move of 2.48% down. This tempers the year to date gain of 10.81% and longer term total shareholder returns of 12.77% over one year and...

Super Micro Computer, State Street and Pinnacle West Capital have been highlighted in this Screen of The Week article.
Here is how MDU Resources (MDU) and Pinnacle West (PNW) have performed compared to their sector so far this year.
Super Micro Computer, State Street and Pinnacle West Capital stand out for sustainable sales growth and financial strength going forward.

