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PNC Bank Declares 40 Cents Dividends for Common Stock

(Source: The PNC Financial Services Group, Inc.) – The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 40 cents per share.  The dividend is payable on Feb. 5, 2013 to shareholders of record as of the close of business Jan. 15, 2013.

The board also declared a quarterly cash dividend on the following series of preferred stocks:

Series B: a dividend of 45 cents per share, with a payment date of March 10, 2013, will be payable the next business day to shareholders of record as of the close of business Feb. 14, 2013.
Series L: a dividend of $2,468.75 per share ($.6171875 per each depositary share, 4,000 of which represent one share of Series L preferred stock), will be payable on Feb. 1, 2013 to shareholders of record as of the close of business Jan. 15, 2013.
Series O: a dividend of $3,375.00 per share ($33.75 per each depositary share, 100 of which represent one share of Series O preferred stock), will be payable on Feb. 1, 2013 to shareholders of record as of the close of business Jan. 15, 2013.
Series P: a dividend of $1,531.25 per share ($.3828125 per each depositary share, 4,000 of which represent one share of Series P preferred stock), will be payable on Feb. 1, 2013 to shareholders of record as of the close of business Jan. 15, 2013.
Series Q: a dividend of $1,343.75 per share ($.3359375 per each depository share, 4,000 of which represent one share of Series Q preferred stock), will be payable on March 1, 2013 to shareholders of record as of the close of business Feb. 14, 2013.

The PNC Financial Services Group, Inc. (www.pnc.com) is one of the nation’s largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.

CONTACTS:

MEDIA:
Fred Solomon
(412) 762-4550
corporate.communications@pnc.com

INVESTORS:
William H. Callihan
(412) 762-8257
investor.relations@pnc.com

Source: The PNC Financial Services Group, Inc.


About Alex Ferreras

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