PNC (PNC) Raises Qtr. Dividend 14.3% to $0.40, 2.5% Yield; Announces $250M Buyback Plan
Tweet
Share
E-mailGet Alerts PNC Hot Sheet
Join SI Premium – FREE
PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly dividend of $0.40 per share, or $1.6 annualized. This is a 14.3% increase from the prior dividend of $0.35.
The dividend will be payable on May 7, 2012, to stockholders of record on April 17, 2012, with an ex-dividend date of April 13, 2012.
The annual yield on the dividend is 2.5 percent.
For a dividend history and other dividend-related data on PNC Financial Services Group, Inc. (PNC) click here.
The company also authorized a $250 million stock buyback program.
The dividend will be payable on May 7, 2012, to stockholders of record on April 17, 2012, with an ex-dividend date of April 13, 2012.
The annual yield on the dividend is 2.5 percent.
For a dividend history and other dividend-related data on PNC Financial Services Group, Inc. (PNC) click here.
The company also authorized a $250 million stock buyback program.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Kontoor Brands raises full-year outlook, plans $400M share buyback
- Universal Music Group repurchases 3.35 million shares under €250M buyback
- Bio-Techne (TECH) Declares $0.08 Quarterly Dividend; 0.4% Yield
Create E-mail Alert Related Categories
Dividends, Stock BuybacksRelated Entities
Dividend, Stock BuybackSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
