PNC DECLARES A DIVIDEND OF $ 1.25 ON COMMON SHARES
PITTSBURGH, January 5, 2022 / PRNewswire / – The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) has declared a quarterly cash dividend on the common shares of $ 1.25 per share. The dividend, with a payment date of February 5, 2022, will be payable the following business day to shareholders of record at the close of business January 18, 2022.
The board also declared a cash dividend on the following series of preferred shares:
- B series: a quarterly dividend of 45 cents per share will be payable March 10, 2022, to shareholders of record at the close of business February 11, 2022.
- O Series: a quarterly dividend of $ 973.57 per share ($ 9.7357 per Custodian share, of which 100 are Series O preferred shares) at a quarterly rate of 0.97357%, will be payable February 1, 2022, to shareholders of record at the close of business January 18, 2022.
- P series: a quarterly dividend of $ 1,531.25 per share ($ .3828125 per Custodian Share, of which 4,000 are Series P Preferred Share) will be payable February 1, 2022, to shareholders of record at the close of business January 18, 2022.
- T series: a quarterly dividend of $ 850.00 per share ($ 8.50 per Custodian Share, of which 100 are Series T Preferred Share) will be payable March 15, 2022, to shareholders of record at the close of business February 28, 2022.
PNC Financial Services Group, Inc. is one of the largest diversified financial services institutions in United States, organized around its customers and communities for strong relationships and a local offering of banking services to individuals and businesses, including a full range of lending products; specialized services for businesses and government entities, including business banking, real estate financing and asset backed loans; wealth management and asset management. For more information on PNC, visit www.pnc.com.
CONTACTS
MEDIA:
Marcey Zwiebel
(412) 762-4550
[email protected]
INVESTORS:
Bryan gill
(412) 768-4143
[email protected]
SOURCE PNC Financial Services Group, Inc.