PNC Financial Services Group Inc (NYSE:PNC) Declares Dividend of 48 Cents on Common Stock

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PNC Financial Services Group Inc (NYSE:PNC), a diversified financial services organization, will pay a quarterly cash dividend of $0.48 per common share on August 5, 2014 to shareholders of record at the close of business July 15, 2014.The board also declared a cash dividend on a series of preferred stocks. This included a quarterly dividend of $0.45 per share on Series B, payable on September 10, 2014, to shareholders of record at the close of business August 15, 2014.

A quarterly dividend of $113.64 per share on Series K ($11.364 per each depositary share, 10 of which represent one share of Series K preferred stock) will be payable on Aug. 21, 2014 to shareholders of record at the close of business July 31, 2014.

A semi-annual dividend of $3,375.00 per share on Series O ($33.75 per each depositary share, 100 of which represent one share of Series O preferred stock) will be payable on August 1, 2014 to shareholders of record at the close of business July 15, 2014.

A quarterly dividend of $1,531.25 per share on Series P ($.3828125 per each depositary share, 4,000 of which represent one share of Series P preferred stock) will be payable on Aug. 1, 2014 to shareholders of record at the close of business July 15, 2014.

Also, a quarterly dividend of $1,343.75 per share on Series Q ($.3359375 per each depositary share, 4,000 of which represent one share of Series Q preferred stock), with a payment date of September 1, 2014 will be payable the next business day to shareholders of record at the close of business August 15, 2014.

Shares in PNC Financial Services Group were up 0.81% to $89.67 on Thursday morning. Over the past 52 weeks, the company has traded between $70.63 and $89.96.

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