PNC Declares Dividend of $0.40 Per Share


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.

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