PITTSBURGH, Pa. – The PNC Financial Services Group Inc. Board of Directors on Thursday declared a quarterly cash dividend of $1.60 per share on common stock.
The dividend will be payable May 5 to shareholders of record at the close of business April 16.
The PNC 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 June 10 to shareholders of record at the close of business May 16.
- 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) will be payable May 1 to shareholders of record at the close of business April 16.
- 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), with a payment date of June 15, will be payable the next business day to shareholders of record at the close of business May 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 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), with a payment date of June 15, will be payable the next business day to shareholders of record at the close of business May 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), with a payment date of June 15, will be payable the next business day to shareholders of record at the close of business May 30.