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PNC Raises Common Stock Dividend To 55 Cents Per Share
"Today's board action provides an expanded and well-deserved return to our shareholders," said
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 ofSept. 10, 2016 , will be payable the next business day to shareholders of record at the close of businessAug. 19, 2016 . - 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, 2016 to shareholders of record at the close of businessJuly 18, 2016 . - 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, 2016 to shareholders of record at the close of businessJuly 18, 2016 . - 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 payableSept. 1, 2016 to shareholders of record at the close of businessAug. 17, 2016 .
The
CONTACTS:
MEDIA:
(412) 762-4550
corporate.communications@pnc.com
INVESTORS:
(412) 768-4143
investor.relations@pnc.com
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