PITTSBURGH, Jan. 4, 2024
/PRNewswire/ -- The board of directors of The PNC Financial
Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend
on the common stock of $1.55 per
share. The dividend will be payable Feb. 5,
2024, to shareholders of record at the close of business
Jan. 16, 2024.
The board also declared a cash dividend on the following series
of preferred stocks:
- Series B: a quarterly dividend of 45 cents per share, with a payment date of
March 10, 2024, will be payable the
next business day to shareholders of record at the close of
business Feb. 16, 2024.
- Series R: a quarterly dividend of $2,193.78 per share ($21.9378 per each depositary share, 100 of which
represent one share of Series R preferred stock) at a quarterly
rate of 2.19378% will be payable March 1,
2024, to shareholders of record at the close of business
Feb. 15, 2024.
- 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) will be payable
March 15, 2024, to shareholders of
record at the close of business Feb. 29,
2024.
- 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
Feb. 15, 2024, to shareholders of
record at the close of business Jan. 31,
2024.
- 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) will be payable
March 15, 2024, to shareholders of
record at the close of business Feb. 29,
2024.
- 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) will be payable
March 15, 2024, to shareholders of
record at the close of business Feb. 29,
2024.
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:
Timothy
Miller
(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, Inc.