PNC Pnc Financial Services Group dividend history, payout ratio & dates
Pnc Financial Services Group's last dividend payment of $1.6 per share was made to shareholders on record before Oct 16, 2024. The dividend payment stands at $6.3 per share annually, which equates to a dividend yield of 3.27%.
Key dates
- PNC last dividend date: Oct 16, 2024
PNC dividend stats
vs. Financial Services sector
Dividend yield
PNC has a dividend yield of 3.27% which is higher than the Financial Services sector and the industry average but lower than its peers average. In comparison with the Financial Services sector average of 2.77%, Pnc Financial Services Group's dividend yield is 18% higher. Historically PNC's dividend yield has averaged at 3.7% in the last 5 years, which is higher than the current one.
Dividend history
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 27% from a year ago, the dividend yield marks a decrease of 19%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 16, 2024 | $1.6 | 3.32% |
| Jul 15, 2024 | $1.6 | 3.7% |
| Apr 12, 2024 | $1.55 | 4.12% |
| Jan 12, 2024 | $1.55 | 4.13% |
| Oct 16, 2023 | $1.55 | 5.16% |
| Jul 14, 2023 | $1.55 | 4.81% |
| Apr 17, 2023 | $1.5 | 4.8% |
| Jan 13, 2023 | $1.5 | 3.66% |
| Oct 14, 2022 | $1.5 | 3.84% |
| Jul 12, 2022 | $1.5 | 3.5% |
| Apr 12, 2022 | $1.5 | 2.92% |
| Jan 14, 2022 | $1.25 | 2.21% |
| Oct 14, 2021 | $1.25 | 2.37% |
| Jul 15, 2021 | $1.25 | 2.48% |
| Apr 15, 2021 | $1.15 | 2.63% |
| Jan 15, 2021 | $1.15 | 2.97% |
| Oct 15, 2020 | $1.15 | 4.2% |
| Jul 16, 2020 | $1.15 | 4.38% |
| Apr 15, 2020 | $1.15 | 4.98% |
| Jan 16, 2020 | $1.15 | 2.88% |
| Oct 16, 2019 | $1.15 | 2.97% |
| Jul 18, 2019 | $1.15 | 2.88% |
| Apr 15, 2019 | $0.95 | 2.9% |
| Jan 16, 2019 | $0.95 | 2.97% |
| Oct 16, 2018 | $0.95 | 2.72% |
| Jul 16, 2018 | $0.95 | 2.27% |
| Apr 13, 2018 | $0.75 | 2.06% |
| Jan 16, 2018 | $0.75 | 1.84% |
| Oct 16, 2017 | $0.75 | 1.93% |
| Jul 13, 2017 | $0.75 | 1.89% |
| Apr 12, 2017 | $0.55 | 1.9% |
| Jan 12, 2017 | $0.55 | 1.83% |
| Oct 13, 2016 | $0.55 | 2.41% |
| Jul 14, 2016 | $0.55 | 2.51% |
| Apr 13, 2016 | $0.51 | 2.4% |
| Jan 14, 2016 | $0.51 | 2.35% |
| Oct 13, 2015 | $0.51 | 2.27% |
| Jul 13, 2015 | $0.51 | 2.04% |
| Apr 13, 2015 | $0.51 | 2.09% |
| Jan 13, 2015 | $0.48 | 2.27% |
Pnc Financial Services Group dividend payout ratio
Payout ratio
PNC has a payout ratio of 53.2% 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 44.2%, Pnc Financial Services Group's payout ratio is 20% higher.
Total amount of dividends paid per financial year (from cash flow)
PNC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| KEY Keycorp | 4.8% | $0.82 | 8,200% |
| WSBC Wesbanco Inc | 4.35% | $1.45 | 69.4% |
| RF Regions Financial Corp | 4.12% | $0.98 | 55.4% |
| FITB Fifth Third Bancorp | 3.31% | $1.42 | 47% |
| PNC Pnc Financial Services Group Inc | 3.27% | $6.3 | 53.2% |
| WFC Wells Fargo & Company | 2.13% | $1.5 | 30.7% |
| JPM Jpmorgan Chase & Co | 1.94% | $4.6 | 25.5% |
Frequently asked questions
Does Pnc Financial Services Group pay a dividend?
Yes, Pnc Financial Services Group has been paying dividends for the last 29 years.
When was PNC's last dividend?
Pnc Financial Services Group's last regular dividend was on Oct 16, 2024 (ex-date) with the amount of $1.6 per share.
How much dividend does Pnc Financial Services Group pay (per share)?
PNC's annualized dividend per share is $6.3.
What is Pnc Financial Services Group's dividend yield?
Currently Pnc Financial Services Group's dividend yield is 3.27%.
How often does Pnc Financial Services Group pay dividends?
Pnc Financial Services Group pays dividends quarterly.
What is Pnc Financial Services Group's dividend payout ratio?
Pnc Financial Services Group's dividend payout ratio is 53.2%.
Does Pnc Financial Services Group pay a good dividend?
Pnc Financial Services Group's dividend yield is higher than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.