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)