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PNC Raises Common Stock Dividend To $1.15 Per Share
"The significant increase to our dividend is a result of PNC's consistent performance, strong capital levels and our board's confidence in our business model as a
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 payableSept. 10, 2019 to shareholders of record at the close of businessAug. 16, 2019 . - Series O: a semi-annual dividend of
$3,375.00 per share ($33.75 per each depositary share, 100 of which represent one share of Series O preferred stock) will be payableAug. 1, 2019 to shareholders of record at the close of businessJuly 19, 2019 . - 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 payableAug. 1, 2019 to shareholders of record at the close of businessJuly 19, 2019 . - 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) with a payment date ofSept. 1, 2019 will be payable the next business day to shareholders of record at the close of businessAug. 16, 2019 .
The
CONTACTS:
MEDIA:
(412) 762-4550
media.relations@pnc.com
INVESTORS:
(412) 768-4143
investor.relations@pnc.com
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