(MENAFNEditorial) PITTSBURGH, April 4, 2018 /PRNewswire/ --The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC ) declared a quarterly cash dividend on the common stock of 75 cents per share. The dividend, with a payment date of May 5, 2018, will be payable the next business day to shareholders of record at the close of business April 16, 2018.
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 June 10, 2018, will be payable the next business day to shareholders of record at the close of business May 18, 2018. 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, 2018 to shareholders of record at the close of business April 16, 2018. 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, 2018 to shareholders of record at the close of business May 17, 2018. 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, 2018 to shareholders of record at the close of business May 17, 2018. 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, 2018 to shareholders of record at the close of business April 16, 2018. 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:
Diane Zappas
(412) 762-4550
INVESTORS:
Bryan Gill
(412) 768-4143
View original content with multimedia: http://www.prnewswire.com/news-releases/pnc-declares-dividend-of-75-cents-on-common-stock-300624368.html
SOURCE The PNC Financial Services Group, Inc.
Related Links
www.pnc.com
MENAFN0404201800701241ID1096694805
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.