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PNC Financial Services (PNC) Declares $0.51 Quarterly Dividend; 2.3% Yield

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PNC Declares Dividend Of 51 Cents On Common Stock

October 1, 2015 9:34 AM EDT

PITTSBURGH, Oct. 1, 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. The dividend is payable on Nov. 5, 2015 to shareholders of record at the close of business Oct. 15, 2015.

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

Series B:... More

Optimistic U.S. Business Owners Plan More Hiring and Raises for Employees

October 1, 2015 6:00 AM EDT

PITTSBURGH, Oct. 1, 2015 /PRNewswire/ -- Small and mid-sized business owners nationwide are increasingly optimistic about the prospects for their own businesses and more expect to increase hiring and wages for their employees over the next six months, according to the latest PNC Economic Outlook Survey findings.

The fall findings of PNC's biannual telephone survey, which began in 2003, reveal that one in four (26 percent) expect to hire additional full-time employees, the most since 2012 and second highest since 2007. Forty-two percent, meanwhile, intend to increase employees' pay, which is the most since 2007. One in four businesses (26... More