PNC Financial Services has declared a quarterly dividend of $0.40 per share of common stock, the company announced in an official statement. The disbursement matches that of the preceding three quarters, and will be paid on February 5 to shareholders of record as of the end of January 15.
PNC typically adjusts its common stock dividend in April of each year.
The banking group also declared dividends for a range of its preferred stock, from the $0.45 per share of series B, to $3,375 for series O.
PNC is to announce its 4Q and fiscal 2012 results on January 17. CEO James Rohr and CFO Richard Johnson will lead a conference call discussing those results.
The article PNC Declares Dividend of $0.40 Per Share originally appeared on Fool.com.
Eric Volkman has no positions in PNC Financial Services. The Motley Fool owns shares of PNC Financial Services. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.