PITTSBURGH, Pa. – PNC Financial Services Group Inc. shareholders will receive a $1.60 quarterly cash dividend per share of common stock, as declared Friday by the board of directors.
The dividend will be payable Feb. 5 to shareholders of record at the close of business Jan. 15.
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, payable March 10, to shareholders of record at the close of business Feb. 14.
- 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 March 15 payment date, payable the next business day to shareholders of record at the close of business Feb. 28.
- 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) with a payment date of Feb. 15, payable the next business day to shareholders of record at the close of business Jan. 31.
- 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 March 15, payable the next business day to shareholders of record at the close of business Feb. 28.
- 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 March 15, payable the next business day to shareholders of record at the close of business Feb. 28.