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PNC Declares Dividend of 10 Cents on Common Stock

PITTSBURGH, April 2 /PRNewswire-FirstCall/ -- The PNC Financial Services Group, Inc. today announced that the board of directors declared a quarterly cash dividend of 10 cents per share on the common stock. The dividend is payable April 24, 2009 to shareholders of record at the close of business April 13, 2009.

The board also declared a quarterly cash dividend on the following preferred stocks:

  • Series A and B: a dividend of 45 cents per share will be payable June 10, 2009 to shareholders of record at the close of business May 19, 2009.

  • Series C: a dividend of 40 cents per share will be payable July 1, 2009 to shareholders of record at the close of business June 5, 2009.

  • Series D: a dividend of 45 cents per share will be payable July 1, 2009 to shareholders of record at the close of business June 5, 2009.

  • Series K: a dividend of $412.50 per share, ($41.25 per each depositary share representing one-tenth of a share of the Series K preferred stock), will be payable on May 21, 2009 to shareholders of record at the close of business April 30, 2009.

  • Series L: a dividend of $2,468.75 per share ($.6171875 per each depositary share, 4,000 of which represent one share of Series L preferred stock), payable on May 1, 2009 to shareholders of record as of the close of business April 15, 2009.

  • Series N: a dividend of $1,250.00 per share, payable on May 15, 2009 to holders of record as of the close of business April 30, 2009.

The PNC Financial Services Group, Inc. (www.pnc.com) is one of the nation's largest diversified financial services organizations providing retail and business banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management; asset management and global fund services.

    CONTACTS:

    MEDIA:
    Brian E. Goerke
    (412) 762-4550
    corporate.communications@pnc.com

    INVESTORS:
    William H. Callihan
    (412) 762-8257
    investor.relations@pnc.com

SOURCE: The PNC Financial Services Group, Inc.

Web site: http://www.pnc.com/