#United States #Pittsburgh #Common Stock #Dividend Declaration #PNC Financial

PNC Financial Services Group Declares Quarterly Dividend

On April 3, 2025, the board of directors of The PNC Financial Services Group, Inc., a major player in the financial sector, declared a quarterly cash dividend of $1.60 per share on its common stock. This significant announcement reaffirms PNC's commitment to delivering value to its shareholders. The dividend is set to be paid on May 5, 2025, to shareholders who hold shares of record by the close of business on April 16, 2025.

PNC isn’t just stopping with the common stock dividend. The company has also declared cash dividends for several series of preferred stocks, showcasing a robust strategy for rewarding investors with diverse interests. Here’s a breakdown of the preferred stock dividends:

• - Series B: A quarterly dividend of 45 cents per share, payable on June 10, 2025 for shareholders on record as of May 16, 2025.
• - Series S: A semi-annual dividend of $2,500.00 per share (equivalent to $25.00 per each depositary share, where 100 depositary shares represent one share of Series S preferred stock), due on May 1, 2025, for those recorded at the close of business on April 16, 2025.
• - Series T: Quarterly dividend set at $850.00 per share (or $8.50 for each depositary share, also based on the 100 shares representation). This will be payable on June 15, 2025, for those recorded by May 30, 2025.
• - Series U: A dividend of $1,500.00 per share (or $15.00 for each depositary share) is also scheduled for payment on May 15, 2025, pending records as of April 30, 2025.
• - Series V: Shareholders will receive $1,550.00 per share (or $15.50 for each depositary share), with payment on June 15, 2025, after records on May 30, 2025.
• - Series W: This series is set to reward holders with a dividend of $1,562.50 per share (or $15.6250 per each depositary share), payable on June 15, 2025 for those who are recorded as of May 30, 2025.

The declared dividends reflect PNC’s strong financial position and commitment to enhancing shareholder value amid an ever-changing economic landscape. The PNC Financial Services Group stands as one of the largest diversified financial institutions in the United States, focusing on the needs of its customers while fostering strong relationships through local delivery of services. PNC offers a comprehensive suite of retail and business banking solutions, inclusive of various lending products, and specialized services catering to corporations and governmental entities. Moreover, the company provides wealth and asset management services, designed to create significant value for clients. For further updates and detailed information about PNC, stakeholders and potential investors are encouraged to visit www.pnc.com.

In light of these recent announcements, it’s clear that PNC is poised for sustained growth, underscoring its commitment to its shareholders, while navigating the landscape of modern banking and finance with resilience and foresight. With proactive measures in place, PNC continues to be a cornerstone in the financial services industry, proud of its role and impact on communities across the nation.