Pnc Financial Services Group's last quarterly dividend payment of $1.55 per share was made to shareholders on record before Apr 12, 2024. The dividend payment stands at $6.2 per share annually, which equates to a dividend yield of 3.97%.
PNC has a dividend yield of 3.97% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 3.46%, Pnc Financial Services Group's dividend yield is 15% higher. Historically PNC's dividend yield has averaged at 3.6% in the last 5 years, which is lower than the current one.
Pnc Financial Services Group has been paying dividends for the last 29 years. According to our records PNC has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 3.3% since one year ago. However with the stock price up by 22% from a year ago, the dividend yield marks a decrease of 15%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 12, 2024 | May 5, 2024 | Apr 3, 2024 | $1.55 | normal |
| Jan 12, 2024 | Feb 5, 2024 | Jan 4, 2024 | $1.55 | normal |
| Oct 16, 2023 | Nov 5, 2023 | Oct 2, 2023 | $1.55 | normal |
| Jul 14, 2023 | Aug 5, 2023 | Jul 3, 2023 | $1.55 | normal |
| Apr 17, 2023 | May 5, 2023 | Apr 3, 2023 | $1.5 | normal |
| Jan 13, 2023 | Feb 5, 2023 | Jan 4, 2023 | $1.5 | normal |
| Oct 14, 2022 | Nov 5, 2022 | Oct 3, 2022 | $1.5 | normal |
| Jul 12, 2022 | Aug 5, 2022 | Jul 1, 2022 | $1.5 | normal |
| Apr 12, 2022 | May 5, 2022 | Apr 1, 2022 | $1.5 | normal |
| Jan 14, 2022 | Feb 5, 2022 | Jan 5, 2022 | $1.25 | normal |
| Oct 14, 2021 | Nov 5, 2021 | Oct 1, 2021 | $1.25 | normal |
| Jul 15, 2021 | Aug 5, 2021 | Jul 1, 2021 | $1.25 | normal |
| Apr 15, 2021 | May 5, 2021 | Apr 1, 2021 | $1.15 | normal |
| Jan 15, 2021 | Feb 5, 2021 | Jan 5, 2021 | $1.15 | normal |
| Oct 15, 2020 | Nov 5, 2020 | $1.15 | normal | |
| Jul 16, 2020 | Aug 5, 2020 | Jun 30, 2020 | $1.15 | normal |
| Apr 15, 2020 | May 5, 2020 | Apr 2, 2020 | $1.15 | normal |
| Jan 16, 2020 | Feb 5, 2020 | Jan 2, 2020 | $1.15 | normal |
| Oct 16, 2019 | Nov 5, 2019 | Oct 3, 2019 | $1.15 | normal |
| Jul 18, 2019 | Aug 5, 2019 | Jul 9, 2019 | $1.15 | normal |
| Apr 15, 2019 | May 5, 2019 | Apr 4, 2019 | $0.95 | normal |
| Jan 16, 2019 | Feb 5, 2019 | Jan 3, 2019 | $0.95 | normal |
| Oct 16, 2018 | Nov 5, 2018 | Oct 4, 2018 | $0.95 | normal |
| Jul 16, 2018 | Aug 5, 2018 | Jul 5, 2018 | $0.95 | normal |
| Apr 13, 2018 | May 5, 2018 | Apr 4, 2018 | $0.75 | normal |
| Jan 16, 2018 | Feb 5, 2018 | Jan 4, 2018 | $0.75 | normal |
| Oct 16, 2017 | Nov 5, 2017 | Oct 3, 2017 | $0.75 | normal |
| Jul 13, 2017 | Aug 5, 2017 | Jul 6, 2017 | $0.75 | normal |
| Apr 12, 2017 | May 5, 2017 | Apr 4, 2017 | $0.55 | normal |
| Jan 12, 2017 | Feb 5, 2017 | Jan 5, 2017 | $0.55 | normal |
| Oct 13, 2016 | Nov 7, 2016 | Oct 4, 2016 | $0.55 | normal |
| Jul 14, 2016 | Aug 5, 2016 | Jul 7, 2016 | $0.55 | normal |
| Apr 13, 2016 | May 5, 2016 | Apr 4, 2016 | $0.51 | normal |
| Jan 14, 2016 | Feb 5, 2016 | Jan 7, 2016 | $0.51 | normal |
| Oct 13, 2015 | Nov 5, 2015 | Oct 1, 2015 | $0.51 | normal |
PNC has a payout ratio of 48.4% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 39.7%, Pnc Financial Services Group's payout ratio is 22% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| KEY Keycorp | 5.58% | $0.82 | 92.1% |
| WSBC Wesbanco Inc | 5.16% | $1.42 | 56.6% |
| RF Regions Financial Corp | 4.69% | $0.92 | 43.6% |
| PNC Pnc Financial Services Group Inc | 3.97% | $6.2 | 48.4% |
| FITB Fifth Third Bancorp | 3.74% | $1.38 | 42.7% |
| WFC Wells Fargo & Company | 2.25% | $1.35 | 27.7% |
| JPM Jpmorgan Chase & Co | 2.2% | $4.25 | 26.2% |
Yes, Pnc Financial Services Group has been paying dividends for the last 29 years.
PNC hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in July 2024.
Pnc Financial Services Group's last regular dividend was on Apr 12, 2024 (ex-date) with the amount of $1.55 per share.
PNC's annualized dividend per share is $6.2.
Currently Pnc Financial Services Group's dividend yield is 3.97%.
Pnc Financial Services Group pays dividends quarterly.
Pnc Financial Services Group's dividend payout ratio is 48.4%.
Pnc Financial Services Group's dividend yield is higher than the Financial Services sector average.