Press Release: PNC Declares Dividend of $1.60 on Common Stock

Dow Jones
03 Apr

PNC Declares Dividend of $1.60 on Common Stock

PR Newswire

PITTSBURGH, April 3, 2025

PITTSBURGH, April 3, 2025 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. $(PNC)$ declared a quarterly cash dividend on the common stock of $1.60 per share. The dividend will be payable May 5, 2025, to shareholders of record at the close of business April 16, 2025.

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 June 
      10, 2025, to shareholders of record at the close of business May 16, 
      2025. 
 
   -- 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 May 1, 2025, to shareholders of record at the 
      close of business April 16, 2025. 
 
   -- 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 June 15, 2025, will be payable the next 
      business day to shareholders of record at the close of business May 30, 
      2025. 
 
   -- 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 May 15, 2025, to shareholders of record at the 
      close of business April 30, 2025. 
 
   -- 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 June 15, 2025, will be payable the next 
      business day to shareholders of record at the close of business May 30, 
      2025. 
 
   -- 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, 2025, will be payable the next 
      business day to shareholders of record at the close of business May 30, 
      2025. 

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.

 

(END) Dow Jones Newswires

April 03, 2025 11:18 ET (15:18 GMT)

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