PNC Raises Common Stock Dividend to $2.00 Per Share
PNC Raises Common Stock Dividend to $2.00 Per Share
PR Newswire
PITTSBURGH, July 6, 2026
PITTSBURGH, July 6, 2026 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $2.00 per share, an increase of $0.30 per share, or 18%, from the second quarter dividend of $1.70 per share. The dividend will be payable Aug. 5, 2026, to shareholders of record at the close of business July 20, 2026.
"The increase in our dividend reflects our continued financial strength, our board's confidence in our strategy and outlook, and the successful integration of FirstBank," said William S. Demchak, PNC chairman and chief executive officer.
The board also declared a cash dividend on the following series of preferred stocks, which will be payable to shareholders of record as of the close of business on the respective record dates shown below. The preferred stocks listed below (except for Preferred Series B and X) are each represented by 100 depositary shares:
Preferred Series | Dividend Amount | Dividend Amount (per Depositary Share) | 2026 Payment | 2026 Record |
B | $0.45 | N/A | Sept. 10 | Aug. 14 |
T | $850.00 | $8.50 | Sept. 15 | Aug. 28 |
U | $1,500.00 | $15.00 | Aug. 15 | July 31 |
V | $1,550.00 | $15.50 | Sept. 15 | Aug. 28 |
W | $1,562.50 | $15.6250 | Sept. 15 | Aug. 28 |
X | $18.13 | N/A | July 29 | July 15 |
* If a payment date falls on a non-business day, the dividend will be payable the next business day following the payment date.
The PNC Financial Services Group, Inc. is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For information about PNC, visit www.pnc.com.
CONTACTS
MEDIA:
Anne Pace
(631) 338-3268
anne.pace@pnc.com
INVESTORS:
Bryan Gill
(412) 768-4143
investor.relations@pnc.com
SOURCE The PNC Financial Services Group, Inc.
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