PNC Financial Announces $1.70 Quarterly Dividend

The bank's payout represents a 3.1% yield and is covered by expected future earnings.

Apr. 12, 2026 at 11:39am

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A highly detailed, black-and-white close-up image of the gears, levers, and mechanical components that make up the physical infrastructure of a bank, conveying a sense of the secure, industrial foundations of the financial system.An extreme close-up of the inner workings of a bank's financial infrastructure highlights the robust, industrial nature of the modern banking system.Today in Pittsburgh

The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly dividend of $1.70 per share, payable on May 5th to shareholders of record on April 14th. This represents a c) annualized dividend and a yield of 3.1%. The company has increased its dividend payment by an average of 0.1% annually over the last three years and has raised its dividend every year for the last 14 years.

Why it matters

PNC's consistent dividend growth and payout ratio below 40% of expected earnings indicate the bank's strong financial position and commitment to returning capital to shareholders. This news is positive for PNC investors and signals the company's confidence in its future performance.

The details

The ex-dividend date for the $1.70 per share quarterly dividend is April 14th. PNC has a current ratio and quick ratio of 0.81, and a debt-to-equity ratio of 0.90. The company's stock opened at $221.38 per share on Friday, with a 52-week range of $148.21 to $243.94.

  • The quarterly dividend will be paid on May 5, 2026.
  • The record date for the dividend is April 14, 2026.
  • The ex-dividend date is also April 14, 2026.

The players

The PNC Financial Services Group, Inc.

A diversified financial services company headquartered in Pittsburgh, Pennsylvania, offering banking, lending, investment and wealth management services.

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What’s next

Investors will receive the $1.70 per share dividend on May 5, 2026.

The takeaway

PNC's consistent dividend growth and healthy payout ratio demonstrate the bank's financial strength and commitment to shareholder returns, which should be viewed positively by investors.