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Pinnacle Financial Partners (Pinnacle Financial Partners) 3-Year Dividend Growth Rate

: 11.20% (As of Dec. 2023)
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Pinnacle Financial Partners's Dividends per Share for the three months ended in Dec. 2023 was $0.22.

The historical rank and industry rank for Pinnacle Financial Partners's 3-Year Dividend Growth Rate or its related term are showing as below:

PNFP' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 4.6   Med: 9.35   Max: 91.3
Current: 11.2

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.

PNFP's 3-Year Dividend Growth Rate is ranked better than
63.04% of 782 companies
in the Banks industry
Industry Median: 7.55 vs PNFP: 11.20

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Pinnacle Financial Partners's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.13. As of today, Pinnacle Financial Partners's Dividend Yield % is 1.12%.

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


Competitive Comparison

For the Banks - Regional subindustry, Pinnacle Financial Partners's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, Pinnacle Financial Partners's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Pinnacle Financial Partners's 3-Year Dividend Growth Rate falls into.



Pinnacle Financial Partners 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Pinnacle Financial Partners  (NAS:PNFP) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Pinnacle Financial Partners's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.22/ 1.68
=0.13

During the past 13 years, the highest Dividend Payout Ratio of Pinnacle Financial Partners was 0.19. The lowest was 0.11. And the median was 0.14.

2. 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.88/78.40
=1.12 %

Current Share Price is $78.40.
Pinnacle Financial Partners's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.88.

During the past 13 years, the highest Dividend Yield of Pinnacle Financial Partners was 1.89%. The lowest was 0.21%. And the median was 0.93%.

* 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 3-Year Dividend Growth Rate Related Terms>


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

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