PNC Declares Dividend of 48 Cents on Common Stock

By PR Newswire,  July 03, 2014, 09:57:00 AM EDT


PITTSBURGH, July 3, 2014 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of 48 cents per share.  The dividend is payable on Aug. 5, 2014 to shareholders of record at the close of business July 15, 2014.

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 on Sept. 10, 2014 to shareholders of record at the close of business Aug. 15, 2014.
  • Series K: a quarterly dividend of $113.64 per share ($11.364 per each depositary share, 10 of which represent one share of Series K preferred stock) will be payable on Aug. 21, 2014 to shareholders of record at the close of business July 31, 2014.
  • Series O: a semi-annual dividend of $3,375.00 per share ($33.75 per each depositary share, 100 of which represent one share of Series O preferred stock) will be payable on Aug. 1, 2014 to shareholders of record at the close of business July 15, 2014.
  • Series P: a quarterly dividend of $1,531.25 per share ($.3828125 per each depositary share, 4,000 of which represent one share of Series P preferred stock) will be payable on Aug. 1, 2014 to shareholders of record at the close of business July 15, 2014.
  • Series Q: a quarterly dividend of $1,343.75 per share ($.3359375 per each depositary share, 4,000 of which represent one share of Series Q preferred stock), with a payment date of Sept. 1, 2014 will be payable the next business day to shareholders of record at the close of business Aug. 15, 2014.

The PNC Financial Services Group, Inc. (www.pnc.com) is one of the United States' largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.

CONTACTS:

MEDIA:  

Fred Solomon 

(412) 762-4550  

corporate.communications@pnc.com

INVESTORS:

William H. Callihan 

(412) 762-8257

investor.relations@pnc.com

SOURCE The PNC Financial Services Group, Inc.



This article appears in: News Headlines

Referenced Stocks: PNC


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