The PNC Financial Services Group, Inc. (NYSE:PNC) will begin trading ex-dividend on October 15, 2020. The quarterly dividend payment of $ 1.15 per share is scheduled to be paid on November 5, 2020. The dividend yield based on the latest trading day closing price was 4.09 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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The PNC Financial Services Group, Inc. recently reported second quarter financial results on July 15, 2020, before market open, diversified financial service provider reported income for the second quarter of $ 8.40 per share, from the revenue of $ 4,076.00 million, On adjusted basis, PNC reported loss for the quarter of $ 1.90 per share. The quarterly earnings increased 191.67 percent while revenues contracted 3.30 percent compared with the same quarter last year. Street analysts expected The PNC Financial Services Group, Inc. recently reported second quarter financial results on July 15, 2020, before market open, diversified financial service provider to report income of $ 0.51 per share on revenue of $ 4106.27 million for the second quarter. The bottom line results missed street analysts by $ 2.41 or 472.55 percent, at the same time, top line results fell short of analysts by $ 30.27 million or 0.74 percent.
Stock Performance
Shares of The PNC Financial Services Group, Inc. traded low $ -3.77 or -3.24 percent on Tuesday, reaching $ 112.51 with volume of 2.20 million shares. The PNC Financial Services Group, Inc. has traded high as $ 116.23 and has cracked $ 111.90 on the downward trend
According to the previous trading day, closing price of $ 112.51, representing a 46.43 % increase from the 52 week low of $ 79.41 and a 28.13 % decrease over the 52 week high of $ 161.79.
The company has a market capital of $ 47.76 billion and is part of the Financial Services sector and Banks – Regional – US industry.
The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. The Retail Banking segment offers deposit, lending, brokerage, insurance, and investment and cash management services to consumer and small business customers through a network of branches, ATMs, call centers, and online banking and mobile channels.
