PITTSBURGH, April 2, 2020 /PRNewswire/ -- The board of
directors of The PNC Financial Services Group, Inc. (NYSE: PNC)
declared a quarterly cash dividend on the common stock of
$1.15 per share. The dividend will be
payable May 5, 2020 to shareholders
of record at the close of business April 16,
2020.
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, 2020 to shareholders of record at the
close of business May 15, 2020.
- 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 May 1, 2020 to shareholders
of record at the close of business April 16,
2020.
- 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) will be
payable June 1, 2020 to shareholders
of record at the close of business May 15,
2020.
- Series R: a semi-annual dividend of $2,425.00 per share ($24.25 per each depositary share, 100 of which
represent one share of Series R preferred stock) will be payable
June 1, 2020 to shareholders of
record at the close of business May 15,
2020.
- 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, 2020 to shareholders of record
at the close of business April 16,
2020.
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:
Marcey Zwiebel
(412) 762-4550
media.relations@pnc.com
INVESTORS:
Bryan
Gill
(412) 768-4143
investor.relations@pnc.com
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SOURCE PNC Financial Services Group