PNC Finl Servs Gr's Ex-Dividend Date Is Friday, Here's What You Need To Know


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


Thursday marks the last chance for investors to receive the next dividend payout from PNC Finl Servs Gr (NYSE:PNC).

What's Happening

The company announced on Thursday that it would pay shareholders a quarterly dividend of $1.55 per share. On Friday, PNC Finl Servs Gr will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open $1.55 lower than it would have opened on any other day.

In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own PNC as of the end of Thursday's session are eligible to receive the $1.55 dividend payout for every share that they own.

According to the company, this dividend will be paid out to shareholders on February 05, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.

See current stock movements PNC Finl Servs Gr on Benzinga.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: DividendsBZI-ExDiv