PNC Financial Services Group's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series P About To Put More Money In Your Pocket

On 10/10/13, PNC Financial Services Group's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series P (NYSE: PNC.PRP) will trade ex-dividend, for its quarterly dividend of $0.3828, payable on 11/1/13. As a percentage of PNC.PRP's recent share price of $25.20, this dividend works out to approximately 1.52%, so look for shares of PNC.PRP to trade 1.52% lower ? all else being equal ? when PNC.PRP shares open for trading on 10/10/13. On an annualized basis, the current yield is appro...