PITTSBURGH, July 1, 2021 /PRNewswire/ -- The board of
directors of The PNC Financial Services Group, Inc. (NYSE: PNC)
declared a quarterly cash dividend on the common stock of
$1.25 per share, an increase of
$0.10 per share, or 9%, from the
second quarter dividend of $1.15 per
share. The dividend will be payable Aug. 5,
2021, to shareholders of record at the close of business
July 16, 2021.
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 Sept.
10, 2021, to shareholders of record at the close of business
Aug. 20, 2021.
- 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) with a payment
date of Aug. 1, 2021, will be payable
the next business day to shareholders of record at the close of
business July 16, 2021.
- 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) with a
payment date of Aug. 1, 2021, will be
payable the next business day to shareholders of record at the
close of business July 16, 2021.
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 The PNC Financial Services Group, Inc.