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The PNC Financial Services Group (PNC) Dividend Yield, Date & History

The PNC Financial Services Group logo
$192.76 +2.73 (+1.44%)
(As of 12/20/2024 05:31 PM ET)

The PNC Financial Services Group Dividend Summary

Dividend Yield
3.32%
Annual Dividend
$6.40
Recent
Dividend Payment
Nov. 5
Dividend Increase
Track Record
14 Years
Annualized 3-Year
Dividend Growth
9.86%
Dividend Payout Ratio
54.10%

The PNC Financial Services Group (PNC) pays an annual dividend of $6.40 per share, with a dividend yield of 3.32%. The next quarterly payment of $1.60 per share was paid on Tuesday, November 5, to investors who owned the stock before the ex-dividend date of Wednesday, October 16. PNC has grown its dividend for 14 consecutive years, with an average annual increase of 3.18%. The company currently pays out 54.10% of its earnings and 41.50% of its cash flow as dividends.

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PNC Dividend Payments by Quarter

The chart below displays up to four years of The PNC Financial Services Group's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

PNC Dividend Yield Over Time

The chart below tracks The PNC Financial Services Group's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

The PNC Financial Services Group vs. The Competition

Compare The PNC Financial Services Group's annual dividend, yield, and 3-year growth rate with averages for Finance and NYSE companies to evaluate its performance against the market.

TypeThe PNC Financial Services GroupFinance CompaniesNYSE Companies
Annual Dividend$6.40$0.02$1.39
Dividend Yield3.32%10.09%3.58%
Annualized 3-Year Dividend Growth9.86%12.89%15.78%
Track Record14 years17 years24 years

The PNC Financial Services Group Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings54.10%
Based on This Year's Estimate47.58%
Based on Next Year's Estimate43.16%
Based on Cashflow41.50%

The PNC Financial Services Group Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/3/2024quarterly$1.60 - 3.5%10/16/202410/16/202411/5/2024
7/2/2024quarterly$1.60+$0.05
3.23%
4.1%7/15/20247/15/20248/5/2024
4/3/2024quarterly$1.55 - 3.95%4/12/20244/15/20245/5/2024
1/4/2024quarterly$1.55 - 4%1/12/20241/16/20242/5/2024
10/2/2023quarterly$1.55 - 5.15%10/16/202310/17/202311/5/2023
7/3/2023quarterly$1.55+$0.05
3.33%
4.86%7/14/20237/17/20238/5/2023
4/3/2023quarterly$1.50 - 4.8%4/17/20234/18/20235/5/2023
1/4/2023quarterly$1.50 - 3.62%1/13/20231/17/20232/5/2023

This table shows The PNC Financial Services Group's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

The PNC Financial Services Group Dividend - Frequently Asked Questions

The current dividend yield for The PNC Financial Services Group is 3.32%. Learn more on PNC's dividend yield history.

The annual dividend for PNC shares is $6.40. Learn more on PNC's annual dividend history.

The PNC Financial Services Group pays quarterly dividends to shareholders.

The PNC Financial Services Group's most recent quarterly dividend payment of $1.60 per share was made to shareholders on Tuesday, November 5, 2024.

The PNC Financial Services Group's most recent ex-dividend date was Wednesday, October 16, 2024.

Over the past three years, the company's dividend has grown by an average of 9.86% per year.

The PNC Financial Services Group has increased its dividend for the past 14 consecutive years.

The most recent change in the company's dividend was an increase of $0.05 on Tuesday, July 2, 2024.

The dividend payout ratio for PNC is:
  • 54.10% based on the trailing year of earnings
  • 47.58% based on this year's estimates
  • 43.16% based on next year's estimates
  • 41.50% based on cash flow

The PNC Financial Services Group's dividend yield of 3.33% is lower than the average Finance company that issues a dividend. The company's 14 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. The PNC Financial Services Group's dividend payout ratio of 54.10% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate The PNC Financial Services Group stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:PNC) was last updated on 12/21/2024 by MarketBeat.com Staff
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