PR Newswire
PITTSBURGH , Oct. 2, 2023 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.55 per share. The dividend, with a payment date of Nov. 5, 2023 , will be payable the next business day to shareholders of record at the close of business Oct. 17, 2023 .
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 Dec. 10, 2023 , will be payable the next business day to shareholders of record at the close of business Nov. 17, 2023 .
- Series O: a quarterly dividend of $2,379.61 per share ( $23.7961 per each depositary share, 100 of which represent one share of Series O preferred stock) at a quarterly rate of 2.37961% will be payable Nov. 1, 2023 , to shareholders of record at the close of business Oct. 17, 2023 .
- Series R: a quarterly dividend of $2,202.00 per share ( $22.0200 per each depositary share, 100 of which represent one share of Series R preferred stock) at a quarterly rate of 2.20200% will be payable Dec. 1, 2023 , to shareholders of record at the close of business Nov. 16, 2023 .
- Series S: a semi-annual dividend of $2,500.00 per share ( $25.00 per each depositary share, 100 of which represent one share of Series S preferred stock), will be payable Nov. 1, 2023 , to shareholders of record at the close of business Oct. 17, 2023 .
- 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 Dec. 15, 2023 , to shareholders of record at the close of business Nov. 30, 2023 .
- Series U : a quarterly dividend of $1,500.00 per share ( $15.00 per each depositary share, 100 of which represent one share of Series U preferred stock) will be payable Nov. 15, 2023 , to shareholders of record at the close of business Oct. 31, 2023 .
- Series V : a quarterly dividend of $1,550.00 per share ( $15.50 per each depositary share, 100 of which represent one share of Series V preferred stock) will be payable Dec. 15, 2023 , to shareholders of record at the close of business Nov. 30, 2023 .
- Series W: a quarterly dividend of $1,562.50 per share ( $15.6250 per each depositary share, 100 of which represent one share of Series W preferred stock) will be payable Dec. 15, 2023 , to shareholders of record at the close of business Nov. 30, 2023 .
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:
Timothy Miller
(412) 762-4550
media.relations@pnc.com
INVESTORS:
Bryan Gill
(412) 768-4143
investor.relations@pnc.com
SOURCE The PNC Financial Services Group, Inc.