PNC Declares Dividend Of 48 Cents On Common Stock

PITTSBURGH, Jan. 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 48 cents per share.  The dividend is payable on Feb. 5, 2015 to shareholders of record at the close of business Jan. 15, 2015.

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

• Series B: a quarterly dividend of 45 cents per share will be payable on March 10, 2015 to shareholders of record at the close of business Feb. 20, 2015.
• Series K: a quarterly dividend of $113.75 per share ($11.375 per each depositary share, 10 of which represent one share of Series K preferred stock) with a payment date of Feb. 21, 2015, will be payable the next business day to shareholders of record at the close of business Jan. 30, 2015.
• Series O: a semi-annual dividend of $3,375.00 per share ($33.75 per each depositary share, 100 of which represent one share of Series O preferred stock) with a payment date of Feb. 1, 2015, will be payable the next business day to shareholders of record at the close of business Jan. 15, 2015.
• Series P: a quarterly dividend of $1,531.25 per share ($.3828125 per each depositary share, 4,000 of which represent one share of Series P preferred stock) with a payment date of Feb. 1, 2015, will be payable the next business day to shareholders of record at the close of business Jan. 15, 2015.
• Series Q: a quarterly dividend of $1,343.75 per share ($.3359375 per each depositary share, 4,000 of which represent one share of Series Q preferred stock) with a payment date of March 1, 2015, will be payable the next business day to shareholders of record at the close of business Feb. 13, 2015.

The PNC Financial Services Group, Inc. (www.pnc.com) is one of the United States' 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

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SOURCE The PNC Financial Services Group, Inc.