The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. The company's Retail Banking segment offers checking, savings, and money market accounts, as well as certificates of deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insurance, and investment and cash management services. This segment serves consumer and small business customers through a network of branches, ATMs, call centers, and online and mobile banking channels. Its Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, and equipment leases; cash and investment management services, receivables and disbursement management services, funds transfer services, international payment services, and access to online/mobile information management and reporting; foreign exchange, derivatives, fixed income, securities underwriting, loan syndications, and mergers and acquisitions and equity capital markets advisory related services; and commercial loan servicing and technology solutions. It serves mid-sized and large corporations, and government and not-for-profit entities. The company's Asset Management Group segment offers investment and retirement planning, customized investment management, credit and cash management solutions, and trust management and administration services for high net worth and ultra high net worth individuals, and their families; and multi-generational family planning services for ultra high net worth individuals and their families. It also provides outsourced chief investment officer, custody, private real estate, cash and fixed income client solutions, and fiduciary retirement advisory services for institutional clients. The company has 2,591 branches and 9,502 ATMs. The company was founded in 1852 and is headquartered in Pittsburgh, Pennsylvania.
PNC Financial Services Dividend Announcement
• PNC Financial Services announced a quarterly dividend of $1.60 per ordinary share which will be made payable on 2024-11-05. Ex dividend date: 2024-10-16
• PNC Financial Services annual dividend for 2024 was $6.30
• PNC Financial Services annual dividend for 2023 was $6.10
• PNC Financial Services's trailing twelve-month (TTM) dividend yield is 3.11%
• PNC Financial Services's payout ratio for the trailing twelve months (TTM) is 56.25%
• PNC Financial Services's dividend growth over the last five years (2018-2023) was 12.40% year
• PNC Financial Services's dividend growth over the last ten years (2013-2023) was 13.50% year
PNC Financial Services Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-16 | $1.60 | quarterly | 2024-11-05 |
| 2024-07-15 | $1.60 | quarterly | 2024-08-05 |
| 2024-04-12 | $1.55 | quarterly | 2024-05-05 |
| 2024-01-12 | $1.55 | quarterly | 2024-02-05 |
| 2023-10-16 | $1.55 | quarterly | 2023-11-05 |
| 2023-07-14 | $1.55 | quarterly | 2023-08-05 |
| 2023-04-17 | $1.50 | quarterly | 2023-05-05 |
| 2023-01-13 | $1.50 | quarterly | 2023-02-05 |
| 2022-10-14 | $1.50 | quarterly | 2022-11-05 |
| 2022-07-12 | $1.50 | quarterly | 2022-08-05 |
| 2022-04-12 | $1.50 | quarterly | 2022-05-05 |
| 2022-01-14 | $1.25 | quarterly | 2022-02-05 |
| 2021-10-14 | $1.25 | quarterly | 2021-11-05 |
| 2021-07-15 | $1.25 | quarterly | 2021-08-05 |
| 2021-04-15 | $1.15 | quarterly | 2021-05-05 |
| 2021-01-15 | $1.15 | quarterly | 2021-02-05 |
| 2020-10-15 | $1.15 | quarterly | 2020-11-05 |
| 2020-07-16 | $1.15 | quarterly | 2020-08-05 |
| 2020-04-15 | $1.15 | quarterly | 2020-05-05 |
| 2020-01-16 | $1.15 | quarterly | 2020-02-05 |
| 2019-10-16 | $1.15 | quarterly | 2019-11-05 |
| 2019-07-18 | $1.15 | quarterly | 2019-08-05 |
| 2019-04-15 | $0.95 | quarterly | 2019-05-05 |
| 2019-01-16 | $0.95 | quarterly | 2019-02-05 |
| 2018-10-16 | $0.95 | quarterly | 2018-11-05 |
| 2018-07-16 | $0.95 | quarterly | 2018-08-05 |
| 2018-04-13 | $0.75 | quarterly | 2018-05-05 |
| 2018-01-16 | $0.75 | quarterly | 2018-02-05 |
| 2017-10-16 | $0.75 | quarterly | 2017-11-05 |
| 2017-07-13 | $0.75 | quarterly | 2017-08-07 |
| 2017-04-12 | $0.55 | quarterly | 2017-05-05 |
| 2017-01-12 | $0.55 | quarterly | 2017-02-05 |
| 2016-10-13 | $0.55 | quarterly | 2016-11-07 |
| 2016-07-14 | $0.55 | quarterly | 2016-08-05 |
| 2016-04-13 | $0.51 | quarterly | 2016-05-05 |
| 2016-01-14 | $0.51 | quarterly | 2016-02-05 |
| 2015-10-13 | $0.51 | quarterly | 2015-11-05 |
| 2015-07-13 | $0.51 | quarterly | 2015-08-05 |
| 2015-04-13 | $0.51 | quarterly | 2015-05-05 |
| 2015-01-13 | $0.48 | quarterly | 2015-02-05 |
| 2014-10-10 | $0.48 | quarterly | 2014-11-05 |
| 2014-07-11 | $0.48 | quarterly | 2014-08-05 |
| 2014-04-11 | $0.48 | quarterly | 2014-05-05 |
| 2014-01-13 | $0.44 | quarterly | 2014-02-05 |
| 2013-10-10 | $0.44 | quarterly | 2013-11-05 |
| 2013-07-11 | $0.44 | quarterly | 2013-08-05 |
| 2013-04-12 | $0.44 | quarterly | 2013-05-05 |
| 2013-01-11 | $0.40 | quarterly | 2013-02-05 |
PNC Financial Services Dividend per year
PNC Financial Services Dividend growth
PNC Financial Services Dividend Yield
PNC Financial Services current trailing twelve-month (TTM) dividend yield is 3.11%. Interested in purchasing PNC Financial Services stock? Use our calculator to estimate your expected dividend yield:
PNC Financial Services Financial Ratios
P/E ratio15.70
PEG ratio-13.15
P/B ratio1.45
ROE9.76%
Payout ratio56.25%
Current ratio0.21
Quick ratio0.21
Cash Ratio0.13
PNC Financial Services Dividend FAQ
How much is the next PNC Financial Services dividend?
PNC Financial Services's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next PNC Financial Services dividend. The next PNC Financial Services dividend will be released in January, April, July, or October.
When is PNC Financial Services dividend paid?
PNC Financial Services pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does PNC Financial Services pay?
The specific amount of PNC Financial Services dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find PNC Financial Services's dividend history.
Does PNC Financial Services stock pay dividends?
Yes, PNC Financial Services does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find PNC Financial Services's dividend history.
How much dividend does PNC Financial Services pay?
PNC Financial Services paid $6.3 in 2024, $6.1 in 2023, $5.75 in 2022, $4.8 in 2021, and $4.6 in 2020.
How often does PNC Financial Services pay dividends?
PNC Financial Services typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is PNC Financial Services's dividend yield?
The current dividend yield for PNC Financial Services is 3.11%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate PNC Financial Services's exact dividend yield.
When does PNC Financial Services go ex dividend?
PNC Financial Services's ex-dividend date for the latest dividend was on 2024-10-16. PNC Financial Services typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next PNC Financial Services dividend paid?
PNC Financial Services pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will PNC Financial Services increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether PNC Financial Services will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is PNC Financial Services dividend per share?
PNC Financial Services paid $6.3 per share in 2024 and $6.1 per share in 2023. The amount of dividend per share that PNC Financial Services pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is PNC Financial Services a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is PNC Financial Services a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is PNC Financial Services a dividend stock?
Yes, PNC Financial Services is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is PNC Financial Services a good dividend stock?
Whether PNC Financial Services is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. PNC Financial Services has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating PNC Financial Services as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating PNC Financial Services as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does PNC Financial Services pay dividends monthly?
PNC Financial Services typically pays dividends on a quarterly basis.
Does PNC Financial Services pay dividends quarterly?
PNC Financial Services currently pays dividends on a quarterly basis.
Has PNC Financial Services ever paid a dividend?
Yes, PNC Financial Services has a history of paying dividends to its shareholders. PNC Financial Services is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy PNC Financial Services dividend stocks?
To buy PNC Financial Services you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy PNC Financial Services stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy PNC Financial Services stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does PNC Financial Services pay dividends 2024?
PNC Financial Services pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-05. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will PNC Financial Services increase its dividend in 2024?
Decisions regarding PNC Financial Services dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date PNC Financial Services dividend overview you can look into the above table of dividend history.
How PNC Financial Services dividend works?
The PNC Financial Services dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how PNC Financial Services's dividend process works:
1. Determination of Dividend: PNC Financial Services's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, PNC Financial Services publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, PNC Financial Services distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from PNC Financial Services are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: PNC Financial Services's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, PNC Financial Services publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, PNC Financial Services distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from PNC Financial Services are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are PNC Financial Services dividends paid?
PNC Financial Services dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: PNC Financial Services sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, PNC Financial Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: PNC Financial Services declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: PNC Financial Services sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, PNC Financial Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: PNC Financial Services declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does PNC Financial Services pay dividends?
PNC Financial Services typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does PNC Financial Services pay dividends?
The general pattern is that PNC Financial Services pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is PNC Financial Services dividend safe?
The safety of PNC Financial Services's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of PNC Financial Services's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review PNC Financial Services's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of PNC Financial Services's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review PNC Financial Services's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.