PNC DECLARES A DIVIDEND OF $1.50

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PITTSBURGH, July 1, 2022 /PRNewswire/ — The Board of Directors of The PNC Financial Services Group, Inc. (NYSE:PNC) has declared a quarterly cash dividend on the common stock of $1.50 per share. The dividend will be payable August 5, 2022to shareholders of record at the close of business July 13, 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, with a payment date of September 10, 2022will be payable the following business day to shareholders of record at the close of business August 19, 2022.
  • O-Series: a quarterly dividend of $1,268.58 per share ($12.6858 for each Custodian Share, 100 of which represent a Series O Preferred Share) at a quarterly rate of 1.26858% will be payable August 1, 2022to shareholders of record at the close of business July 13, 2022.
  • P-Series: a quarterly dividend of $1,368.12 per share ($0.34203 per Depository Share, of which 4,000 represents a Series P Preferred Share) at a quarterly rate of 1.36812% will be payable August 1, 2022to shareholders of record at the close of business July 13, 2022.
  • T-Series: a quarterly dividend of $850.00 per share ($8.50 for each Custodian Share, of which 100 represents a Series T Preferred Share) will be payable September 15, 2022to shareholders of record at the close of business August 31, 2022.
  • Serious : a quarterly dividend of $1,816.67 per share ($18.1667 for each Custodian Share, of which 100 represents a Series U Preferred Share) will be payable August 15, 2022to shareholders of record at the close of business August 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 a local offering of personal and business banking services, including a full range of lending products; specialized services for businesses and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For more information about PNC, visit www.pnc.com.

CONTACTS

MEDIA:
Marcey Zwiebel
(412) 762-4550
[email protected]

INVESTORS:
Bryan Gill
(412) 768-4143
[email protected]

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SOURCE PNC Financial Services Group

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