PNC Financial Services (PNC) Raises Quarterly Dividend 8.7% to $1.25; 2.6% Yield

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PNC Raises Common Dividend To $1.25 Per Share

July 1, 2021 11:53 AM EDT

PITTSBURGH, July 1, 2021 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.25 per share, an increase of $0.10 per share, or 9%, from the second quarter dividend of $1.15 per share. The dividend will be payable Aug. 5, 2021, to shareholders of record at the close of business July 16, 2021.

The board also... More