News Release Details
Financial Press Release
PNC Appoints New Member to Board of Directors
Cohen is a senior executive vice president of Comcast Corporation, where he has held leadership roles covering a broad portfolio of responsibilities over the last 18 years, including corporate communications, legal affairs, government and regulatory affairs, public affairs, corporate administration, corporate real estate and security, and community impact. He also served as the company's first chief diversity officer. Prior to joining Comcast in 2002, Cohen served as a partner and chairman of
Cohen is active on several boards and board committees, including: chairman of the Trustees of the
"David's significant business and leadership experience across a broad range of disciplines throughout his career will provide an important and unique perspective to our board of directors. His appointment expands and complements the breadth of expertise among our current board members, and positions PNC well for ongoing strength and growth as our business continues to evolve," said
In addition, PNC's board of directors declared a quarterly cash dividend on the common stock of
The board also declared a cash dividend on the following series of preferred stocks:
- Series B: a quarterly dividend of
45 centsper share will be payable Dec. 10, 2020, to shareholders of record at the close of business Nov. 13, 2020.
- Series P: a quarterly dividend of
$1,531.25per share ( $.3828125per each depositary share, 4,000 of which represent one share of Series P preferred stock) with a payment date of Nov. 1, 2020, will be payable the next business day to shareholders of record at the close of business Oct. 16, 2020.
- Series R: a semi-annual dividend of
$2,425.00per share ( $24.25per each depositary share, 100 of which represent one share of Series R preferred stock) will be payable Dec. 1, 2020, to shareholders of record at the close of business Nov. 16, 2020.
- Series S: a semi-annual dividend of
$2,500.00per share ( $25.00per each depositary share, 100 of which represent one share of Series S preferred stock) with a payment date of Nov. 1, 2020, will be payable the next business day to shareholders of record at the close of business Oct. 16, 2020.
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