PITTSBURGH, Oct. 3, 2024
/PRNewswire/ -- The board of directors of The PNC Financial
Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend
on the common stock of $1.60 per
share. The dividend will be payable Nov. 5,
2024, to shareholders of record at the close of business
Oct. 16, 2024.
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 Dec. 10, 2024, to shareholders of record at the
close of business Nov. 15, 2024.
- Series R: a quarterly dividend of $2,102.43 per share ($21.0243 per each depositary share, 100 of which
represent one share of Series R preferred stock) at a quarterly
rate of 2.10243%, with a payment date of Dec. 1, 2024, will be payable the next business
day to shareholders of record at the close of business Nov. 15, 2024.
- Series S: a semi-annual dividend of $2,500.00 per share ($25.00 per each depositary share, 100 of which
represent one share of Series S preferred stock) will be payable
Nov. 1, 2024, to shareholders of
record at the close of business Oct.16, 2024.
- 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) with a payment
date of Dec.15, 2024, will be payable the next business day to
shareholders of record at the close of business Nov. 29, 2024.
- 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
Nov. 15, 2024, to shareholders of
record at the close of business Oct. 31,
2024.
- 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) with a payment
date of Dec. 15, 2024, will be
payable the next business day to shareholders of record at the
close of business Nov. 29, 2024.
- 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 Dec. 15, 2024, will be
payable the next business day to shareholders of record at the
close of business Nov. 29, 2024.
The PNC Financial Services Group, Inc. is one of the largest
diversified financial services institutions in the United States, organized around its
customers and communities for strong relationships and local
delivery of retail and business banking including a full range of
lending products; specialized services for corporations and
government entities, including corporate banking, real estate
finance and asset-based lending; wealth management and asset
management. For information about PNC, visit www.pnc.com.
CONTACTS
MEDIA:
Kristen
Pillitteri
(412) 762-4550
media.relations@pnc.com
INVESTORS:
Bryan
Gill
(412) 768-4143
investor.relations@pnc.com
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SOURCE The PNC Financial Services Group, Inc.