PNC Declares Dividend of $1.55 on Common Stock

PITTSBURGH, Pa. – The PNC Financial Services Group Inc. Board of Directors on Monday declared a quarterly cash dividend of $1.55 per share on its common stock. 

The dividend, with a payment date of Nov. 5, will be payable the next business day to shareholders of record at the close of business Oct. 17.

The board also declared a cash dividend on the following series of preferred stocks:

• Series B: A quarterly dividend of 45 cents per share, with a payment date of Dec. 10, will be payable the next business day to shareholders of record at the close of business Nov. 17.
• Series O: A quarterly dividend of $2,379.61 per share ($23.7961 per each depositary share, 100 of which represent one share of Series O preferred stock) at a quarterly rate of 2.37961% will be payable Nov. 1 to shareholders of record at the close of business Oct. 17.
• Series R: A quarterly dividend of $2,202 per share ($22.0200 per each depositary share, 100 of which represent one share of Series R preferred stock) at a quarterly rate of 2.20200% will be payable Dec. 1 to shareholders of record at the close of business Nov. 16.
• Series S: A semi-annual dividend of $2,500 per share ($25 per each depositary share, 100 of which represent one share of Series S preferred stock), will be payable Nov. 1 to shareholders of record at the close of business Oct. 17.
• Series T: A quarterly dividend of $850 per share ($8.50 per each depositary share, 100 of which represent one share of Series T preferred stock) will be payable Dec. 15 to shareholders of record at the close of business Nov. 30.
• Series U: A quarterly dividend of $1,500 per share ($15 per each depositary share, 100 of which represent one share of Series U preferred stock) will be payable Nov. 15 to shareholders of record at the close of business Oct. 31.
• Series V: A quarterly dividend of $1,550 per share ($15.50 per each depositary share, 100 of which represent one share of Series V preferred stock) will be payable Dec. 15 to shareholders of record at the close of business Nov. 30.
• Series W: A quarterly dividend of $1,562.50 per share ($15.6250 per each depositary share, 100 of which represent one share of Series W preferred stock) will be payable Dec. 15, 2023, to shareholders of record at the close of business Nov. 30.

Published by The Business Journal, Youngstown, Ohio.