PITTSBURGH, Pa. – The PNC Financial Services Group Inc. Board of Directors on Friday declared a quarterly cash dividend of $2 per share on common stock.
The dividend will be payable Nov. 5 to shareholders of record at the close of business Oct. 14.
The board also declared a cash dividend on the following series of preferred stocks, which will be payable to shareholders of record as of the close of business on the respective record dates. The preferred stocks, except for Preferred Series B and X, are each represented by 100 depositary shares:
- Series B: A quarterly dividend of 45 cents per share will be payable Dec. 10 to shareholders of record at the close of business Nov. 13.
- Series T: A quarterly dividend of $1,787.75 per share ($17.87 per each depositary share) will be payable Dec. 15 to shareholders of record at the close of business Nov. 27.
- Series U: A quarterly dividend of $1,500 per share ($15 per each depositary share) with a payment date of Nov. 15, will be payable the next business day to shareholders of record at the close of business Oct. 30.
- Series V: A quarterly dividend of $1,550 per share ($15.50 per each depositary share) will be payable Dec. 15 to shareholders of record at the close of business Nov. 27.
- Series W: A quarterly dividend of $1,562.50 per share ($15.62 per each depositary share) will be payable Dec. 15 to shareholders of record at the close of business Nov. 27.
- Series X: A quarterly dividend of $18.13 per share will be payable Oct. 29 to shareholders of record at the close of business Oct. 15.