PR Newswire
PITTSBURGH , July 1, 2022 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.50 per share. The dividend will be payable Aug. 5, 2022 , to shareholders of record at the close of business July 13, 2022 .
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 of Sept. 10, 2022 , will be payable the next business day to shareholders of record at the close of business Aug. 19, 2022 .
- Series O: a quarterly dividend of $1,268.58 per share ( $12.6858 per each depositary share, 100 of which represent one share of Series O preferred stock) at a quarterly rate of 1.26858% will be payable Aug. 1, 2022 , to shareholders of record at the close of business July 13, 2022 .
- Series P : a quarterly dividend of $1,368.12 per share ( $0.34203 per each depositary share, 4,000 of which represent one share of Series P preferred stock) at a quarterly rate of 1.36812% will be payable Aug. 1, 2022 , to shareholders of record at the close of business July 13, 2022 .
- 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, 2022 , to shareholders of record at the close of business Aug. 31, 2022 .
- Series U: a quarterly dividend of $1,816.67 per share ( $18.1667 per each depositary share, 100 of which represent one share of Series U preferred stock) will be payable Aug. 15, 2022 , to shareholders of record at the close of business Aug. 1, 2022 .
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:
Marcey Zwiebel
(412) 762-4550
media.relations@pnc.com
INVESTORS:
Bryan Gill
(412) 768-4143
investor.relations@pnc.com
SOURCE PNC Financial Services Group