By Stephen Nakrosis 
 

PNC Financial Services Group Inc. on Thursday said its board increased the company's declared quarterly cash dividend on common stock by 9%, to $1.25 per share.

The company said the new dividend will be payable on Aug. 5 to shareholders of record at the close of business on July 16.

PNC also said its board declared a dividend on the company's Series B, Series O and Series P preferred stocks.

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

July 01, 2021 12:54 ET (16:54 GMT)

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