GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pinnacle Financial Partners Inc (NAS:PNFP) » Definitions » Forward Dividend Yield %

Pinnacle Financial Partners (Pinnacle Financial Partners) Forward Dividend Yield % : 1.10% (As of Apr. 27, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Pinnacle Financial Partners Forward Dividend Yield %?

As of today (2024-04-27), the Forward Annual Dividend Yield of Pinnacle Financial Partners is 1.10%.

As of today (2024-04-27), the Trailing Annual Dividend Yield of Pinnacle Financial Partners is 1.10%.

PNFP's Forward Dividend Yield % is ranked worse than
93.85% of 1170 companies
in the Banks industry
Industry Median: 4.16 vs PNFP: 1.10

Pinnacle Financial Partners's Dividends per Share for the three months ended in Dec. 2023 was $0.22.

During the past 3 years, the average Dividends Per Share Growth Rate was 11.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 17.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Pinnacle Financial Partners was 91.30% per year. The lowest was 4.60% per year. And the median was 9.35% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Pinnacle Financial Partners's Forward Dividend Yield %

For the Banks - Regional subindustry, Pinnacle Financial Partners's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pinnacle Financial Partners's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Pinnacle Financial Partners's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Pinnacle Financial Partners's Forward Dividend Yield % falls into.



Pinnacle Financial Partners Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Pinnacle Financial Partners Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2202024-02-012024-02-022024-02-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.2202023-11-022023-11-032023-11-24Cash DividendquarterlyUSD:USD 1.000000
USD 0.2202023-08-032023-08-042023-08-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.2202023-05-042023-05-052023-05-26Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Pinnacle Financial Partners's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.88/80.29
=1.10 %

Current Share Price is $80.29.
Pinnacle Financial Partners's Dividends per Share for the forward twelve months is calculated as $0.22 * 4 = $0.88.

Pinnacle Financial Partners's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.88/80.29
=1.10 %

Current Share Price is $80.29.
Pinnacle Financial Partners's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.88.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Pinnacle Financial Partners  (NAS:PNFP) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Pinnacle Financial Partners Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Pinnacle Financial Partners's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Pinnacle Financial Partners (Pinnacle Financial Partners) Business Description

Traded in Other Exchanges
Address
150 Third Avenue South, Suite 900, Nashville, TN, USA, 37201
Pinnacle Financial Partners Inc is a financial holding company. The company operates through its wholly-owned subsidiary, Pinnacle Bank. The bank provides a full range of lending products, including commercial, real estate, and consumer loans to individuals and small to medium-sized businesses. Pinnacle operates as a community bank primarily in the urban markets of Nashville, Knoxville, Memphis, and Chattanooga, Tennessee, as well as surrounding counties. Its strategy relies heavily on mergers and acquisitions. A majority of its loan portfolio is in commercial loans, primarily real estate, as well as industrial loans. The bank generates a majority of its net revenue through net interest income.
Executives
Mccabe Robert A Jr director 500 CHURCH ST, STE 200, NASHVILLE TN 37219
Harold R Carpenter officer: CFO
Charles E Brock director PO BOX 2007, DALTON GA 30722
Hugh M Queener other: Former CAO
Gregory L Burns director 203 LYNWOOD BLVD, C/O BASS BERRY & SIMS, NASHVILLE TN 37205
Joseph C Galante director 111 TENTH AVENUE, SUITE 200, NASHVILLE TN 37203
M Terry Turner officer: President & CEO
Smith Reese L Iii director
Gary L Scott director C/O MID-AMERICA BANCSHARES, INC, 7651 HIGHWAY 70 SOUTH, NASHVILLE TN 37221
Decosta Jenkins director 150 THIRD AVENUE SOUTH STE 900, NASHVILLE TN 37201
Callicutt Richard D Ii director, officer: Chairman-Carolinas & Virginia 3980 PREMIER DRIVE, SUITE 210, HIGH POINT NC 27265
Ronald L Samuel director, officer: Vice Chairman 111 TENTH AVENUE SOUTH, SUITE 200, NASHVILLE TN 37203
David B Ingram director TWO INGRAM BLVD, LA VERGNE TN 37089
Farnsworth Thomas C Iii director 101 WEST CHICKASAW PKWY., MEMPHIS TN 38111
G Kennedy Thompson director 3000 HANOVER STREET, PALO ALTO CA 94304