PNC Financial Services (PNC) Raises Quarterly Dividend 6.3% to $0.51; 2.2% Yield
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PNC Raises Common Stock Dividend To 51 Cents Per Share
April 2, 2015 9:50 AM EDTPITTSBURGH, April 2, 2015 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 51 cents per share, an increase of 3 cents per share, or 6 percent, from the first quarter dividend of 48 cents per share. The dividend is payable on May 5, 2015 to shareholders of record at the close of business April 15, 2015.
"Today's board action reflects our strong capital levels and commitment to enhancing shareholder value," said William S. Demchak, PNC's chairman, president and chief executive officer. "We have... More
Optimistic Business Owners Expect Increased Sales With Limited Price Hikes
April 2, 2015 8:00 AM EDTPITTSBURGH, April 2, 2015 /PRNewswire/ --Â Small business owners nationwide are increasingly optimistic about their sales and profits amid recent benefits from lower energy prices and growing enthusiasm about the U.S. economy, according to the latest PNC Economic Outlook Survey findings.
The spring findings of PNC's biannual survey, which began in 2003, reveal that the majority (83 percent) of business owners are optimistic about their company's overall prospects while 70 percent, the most since 2007, are optimistic about the U.S. economy. Further, 57 percent expect sales to increase and 51 percent anticipate profits to climb during the next six months, the most since... More
Harris Williams & Co. Examines Long-Term Growth in the M&A Market
March 31, 2015 11:51 AM EDTComing Out of A Record Year in 2014, the Firm Has an Optimistic Outlook for 2015.
RICHMOND, Va.--(BUSINESS WIRE)-- Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, examines the long-term growth in the M&A market in its latest video released today titled... More
