PNC Declares $1.55 Dividend on Common Stock

PITTSBURGH, Pa. – The board of directors of PNC Financial Services Group Inc. on Thursday declared a $1.55 per share cash dividend on common stock.

The dividend will be payable Feb. 5 to shareholders of record at the close of business Jan. 16.

The amount was the same as was declared for the previous quarters in October and July.

In addition, the board declared cash dividends on several preferred stocks:

• Series B: A quarterly dividend of 45 cents per share, paid March 10 to shareholders of record at the close of business Feb. 16.

• Series R: A quarterly dividend of $2,193.78 per share ($21.9378 per each depositary share, 100 of which represent one share of Series R preferred stock). The quarterly rate of 2.19378% will be payable March 1 to shareholders of record at the close of business Feb. 15.

• Series T: A quarterly dividend on $850 per share ($8.50 per each depositary share) payable March 15 to shareholders of record at close of business Feb. 29.

• Series U: A quarterly dividend of $1,500 per share ($15 per depositary share) payable Feb. 15 to shareholders of record at close of business Jan. 31.

• Series V: A quarterly dividend of $1,550 per share ($15.50 per depositary share) payable March 15 to shareholders of record at close of business Feb. 29.

• Series W: A quarterly dividend of $1,562.50 per share ($15.6250 per depositary share) payable March 15 to shareholders of record at close of business Feb. 29.

Published by The Business Journal, Youngstown, Ohio.