PNC Declares Dividend of $1.50 on Common Stock

PITTSBURGH – PNC Financial Services Group Inc. today declared a quarterly cash dividend on the common stock of $1.50 per share.

The dividend will be payable Feb. 5 to shareholders of record at the close of business Jan. 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 will be payable March 10 to shareholders of record at the close of business Feb. 17.
• Series O: A quarterly dividend of $2,074.49 per share ($20.7449 per each depositary share, 100 of which represent one share of Series O preferred stock) at a quarterly rate of 2.07449% will be payable Feb. 1 to shareholders of record at the close of business Jan. 17.
• Series T: A quarterly dividend of $850.00 per share ($8.50 per each depositary share, 100 of which represent one share of Series T preferred stock) will be payable March 15 to shareholders of record at the close of business Feb. 28.
• Series U: A quarterly dividend of $1,500.00 per share ($15.00 per each depositary share, 100 of which represent one share of Series U preferred stock) will be payable Feb. 15 to shareholders of record at the close of business Jan. 31.
• Series V: A quarterly dividend of $1,550.00 per share ($15.50 per each depositary share, 100 of which represent one share of Series V preferred stock) will be payable March 15 to shareholders of record at the close of business Feb. 28.

Published by The Business Journal, Youngstown, Ohio.