PNC Declares Dividend of 40 Cents on Common Stock

News provided by

The PNC Financial Services Group, Inc.

Jul 05, 2012, 10:12 ET

PITTSBURGH, July 5, 2012 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 40 cents per share. The dividend payment date is Aug. 5, 2012, payable the next business day, to shareholders of record at the close of business July 17, 2012.

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

Series B: a dividend of 45 cents per share will be payable on Sept. 10, 2012 to shareholders of record at the close of business Aug. 16, 2012.
Series L: a dividend of $2,468.75 per share ($.6171875 per each depositary share, 4,000 of which represent one share of Series L preferred stock), will be payable on Aug. 1, 2012 to shareholders of record as of the close of business July 17, 2012.
Series O: a dividend of $3,375 per share ($33.75 per each depositary share, 100 of which represent one share of Series O preferred stock), will be payable on Aug. 1, 2012 to shareholders of record as of the close of business July 17, 2012.
Series P: a dividend of approximately $1,650.35 per share ($.4125868 per each depositary share, 4,000 of which represent one share of Series P preferred stock), will be payable on Aug. 1, 2012 to shareholders of record as of the close of business July 17, 2012.

The PNC Financial Services Group, Inc. (www.pnc.com) is one of the nation's 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
[email protected]

INVESTORS:
William H. Callihan
(412) 762-8257
[email protected]

SOURCE The PNC Financial Services Group, Inc.