PNC Raises Common Stock Dividend To $1.70 Per Share
3 juli, 17:23
PNC Raises Common Stock Dividend To $1.70 Per Share
PR Newswire
PITTSBURGH, July 3, 2025
PITTSBURGH , July 3, 2025 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.70 per share, an increase of $0.10 cents per share, or 6%, from the second quarter dividend of $1.60 per share. The dividend will be payable Aug. 5, 2025 , to shareholders of record at the close of business July 15, 2025 .
"The increase in our dividend reflects our continued financial strength and our board's confidence in our strategy and outlook," said William S. Demchak , PNC chairman and chief executive officer.
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, 2025 , to shareholders of record at the close of business Aug. 15, 2025 .
- 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 Sept. 15, 2025 , to shareholders of record at the close of business Aug. 29, 2025 .
- 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 Aug. 15, 2025 , to shareholders of record at the close of business July 31, 2025 .
- 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 Sept. 15, 2025 , to shareholders of record at the close of business Aug. 29, 2025 .
- 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 Sept. 15, 2025 , to shareholders of record at the close of business Aug. 29, 2025 .
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:
Kristen Pillitteri
(412) 762-4550
media.relations@pnc.com
INVESTORS:
Bryan Gill
(412) 768-4143
investor.relations@pnc.com
SOURCE The PNC Financial Services Group, Inc.
Ämnen i artikeln
PNC Raises Common Stock Dividend To $1.70 Per Share
3 juli, 17:23
PNC Raises Common Stock Dividend To $1.70 Per Share
PR Newswire
PITTSBURGH, July 3, 2025
PITTSBURGH , July 3, 2025 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.70 per share, an increase of $0.10 cents per share, or 6%, from the second quarter dividend of $1.60 per share. The dividend will be payable Aug. 5, 2025 , to shareholders of record at the close of business July 15, 2025 .
"The increase in our dividend reflects our continued financial strength and our board's confidence in our strategy and outlook," said William S. Demchak , PNC chairman and chief executive officer.
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, 2025 , to shareholders of record at the close of business Aug. 15, 2025 .
- 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 Sept. 15, 2025 , to shareholders of record at the close of business Aug. 29, 2025 .
- 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 Aug. 15, 2025 , to shareholders of record at the close of business July 31, 2025 .
- 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 Sept. 15, 2025 , to shareholders of record at the close of business Aug. 29, 2025 .
- 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 Sept. 15, 2025 , to shareholders of record at the close of business Aug. 29, 2025 .
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:
Kristen Pillitteri
(412) 762-4550
media.relations@pnc.com
INVESTORS:
Bryan Gill
(412) 768-4143
investor.relations@pnc.com
SOURCE The PNC Financial Services Group, Inc.
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