PNC Declares $1.55 Dividend on Common Stock
PITTSBURGH, Pa. – The board of directors of PNC Financial Services Group Inc. on Wednesday declared a $1.55 per share cash dividend on common stock.
The dividend will be payable May 5 to shareholders of record at the close of business April 15.
The board also declared cash dividends for the following preferred stocks:
- Series B: A quarterly dividend of 45 cents per share, payable June 10 to shareholders of record at close of business May 17.
- Series R: A quarterly dividend of $2,208.73 per share ($22.0873 per each depositary share, 100 of which represent one share of Series R preferred stock), payable June 1 to shareholders of record at close of business May 17.
- Series S: A semiannual dividend of $2,500 per share ($25 per each depositary share, 100 of which represent one share of Series S preferred stock), payable May 1 to shareholders of record at the close of business April 15.
- 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), payable June 15 to shareholders of record at close of business May 31.
- Series U: A quarterly dividend of $1,550 per share ($15 per each depositary share, 100 of which represent one share of Series U preferred stock), payable May 15 to shareholders of record at the close of business April 30.
- 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), payable June 15 to shareholders of record at close of business May 31.
- 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), payable June 15 to shareholders of record at close of business May 31.
Published by The Business Journal, Youngstown, Ohio.
