PNC Raises Common Stock Dividend To $1.70 Per Share

Group 1 - The PNC Financial Services Group, Inc. declared a quarterly cash dividend of $1.70 per share, representing a 6% increase from the previous quarter's dividend of $1.60 per share [1] - The dividend will be payable on August 5, 2025, to shareholders of record as of July 15, 2025 [1] - The increase in the dividend reflects the company's financial strength and the board's confidence in its strategy and outlook, as stated by the CEO William S. Demchak [2] Group 2 - The board also declared cash dividends on several series of preferred stocks, including Series B, Series T, Series U, Series V, and Series W, with varying amounts and payment dates [4] - Series B will pay a dividend of $0.45 per share on September 10, 2025 [4] - Series T will pay a dividend of $850.00 per share on September 15, 2025, while Series U will pay $1,500.00 per share on August 15, 2025 [4] - Series V will pay a dividend of $1,550.00 per share, and Series W will pay $1,562.50 per share, both on September 15, 2025 [4]