Forbes -
11 Aug 2014 20:12

On 8/13/14, PNC Financial Services Group's 5.375% Non-Cumulative Perpetual Preferred Stock, Series Q (NYSE: PNC.PRQ) will trade ex-dividend, for its quarterly dividend of $0.3359, payable on 9/1/14. As a percentage of PNC.PRQ's recent share price of $23.48, this dividend works out to approximately 1.43%, so look for shares of PNC.PRQ to trade 1.43% lower — all else being equal — when PNC.PRQ shares open for trading on 8/13/14. On an annualized basis, the current yield is approximately 5.73%,...
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