SmarterDividends
PNC

The PNC Financial Services Group, Inc.

PNC

Financial Services · Banks - Regional · Stock · quarterly payer

$225.53

Undervalued · +46% Add to Portfolio

Forward Yield

3.55%

Annual Dividend

$8.00

Payout Ratio

37%

5-Yr Growth

7.5%

Ex-Date

Oct 14, 2026

Frequency

Quarterly

Key facts about PNC's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 23, 2026, The PNC Financial Services Group, Inc. (PNC) has a forward dividend yield of 3.55%, based on an annual dividend of $8.00 per share and a share price of $225.53.
  • As of Oct 23, 2026, PNC's dividend safety grade from SmarterDividends is A (86 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, The PNC Financial Services Group, Inc. (PNC) has raised its dividend for 15 consecutive years as of Oct 23, 2026.
  • PNC last cut its regular dividend in 2009.
  • PNC's most recent ex-dividend date was Oct 14, 2026, for a dividend of $2.00 per share.
  • As of Oct 23, 2026, PNC pays out 37% of its trailing 12-month earnings as dividends (its payout ratio).
  • PNC's dividend has grown at an average rate of 7.5% a year over the past five years.
  • As of Oct 23, 2026, SmarterDividends' blended fair-value estimate for PNC is $328.66 per share, 46% above the $225.53 share price, so PNC screens as undervalued.
  • The PNC Financial Services Group, Inc. (PNC) pays its dividend quarterly, 4 times a year.
  • The PNC Financial Services Group, Inc. (PNC) has raised its regular dividend 30 times and cut it 2 times across the 160 payments on record since 1986. Its most recent change was a 17.6% increase to $2.00 per share, going ex-dividend on Jul 20, 2026. The last cut went ex-dividend on Apr 8, 2009.
  • PNC Financial Services (PNC) has declared its first higher dividend of the year in July in 4 of the last 5 years; its most recent raise, 17.6%, was declared on Jul 6, 2026.
Cite this page

SmarterDividends, "PNC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 23, 2026, https://smarterdividends.com/stocks/PNC

Summary

As of Oct 23, 2026, The PNC Financial Services Group, Inc. (PNC) yields 3.55% ($8.00 a year per share), has a dividend safety grade of A (86/100) and has 15 consecutive years of dividend increases on record.

Is PNC a good dividend stock?

Yes

The PNC Financial Services Group, Inc. (PNC) pays a quarterly dividend yielding 3.55% ($8.00/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 15 consecutive years of dividend growth
  • Comfortable payout ratio (37%)
  • Strong 7.5% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2009

Key Data

Dividend Yield
3.55%
Payout Ratio
37%
Annual Dividend
$8.00
5-Yr Avg Growth
7.5%
Ex-Dividend Date
Oct 14, 2026
Years of Growth
15
Frequency
quarterly
Beta
0.93
Market Cap
$90.0B
P/E Ratio
11.9
5-Yr Total Return
10%
52-Week Range
$177.08 – $258.96
Dividend Safety
A · 86/100
Ever Cut?
Yes (2009)

PNC dividend raises and cuts

The PNC Financial Services Group, Inc. (PNC) has raised its regular dividend 30 times and cut it 2 times across the 160 payments on record since 1986. Its most recent change was a 17.6% increase to $2.00 per share, going ex-dividend on Jul 20, 2026. The last cut went ex-dividend on Apr 8, 2009.

Ex-dateChangeOld → newMove
Jul 20, 2026Raise$1.70 → $2.00+17.6%
Jul 15, 2025Raise$1.60 → $1.70+6.2%
Jul 15, 2024Raise$1.55 → $1.60+3.2%
Jul 14, 2023Raise$1.50 → $1.55+3.3%
Apr 12, 2022Raise$1.25 → $1.50+20.0%
Jul 15, 2021Raise$1.15 → $1.25+8.7%
Jul 18, 2019Raise$0.950 → $1.15+21.1%
Jul 16, 2018Raise$0.750 → $0.950+26.7%
Jul 13, 2017Raise$0.550 → $0.750+36.4%
Jul 14, 2016Raise$0.510 → $0.550+7.8%
Apr 13, 2015Raise$0.480 → $0.510+6.3%
Apr 11, 2014Raise$0.440 → $0.480+9.1%
Show all 32 changes since 1987
Ex-dateChangeOld → newMove
Apr 12, 2013Raise$0.400 → $0.440+10.0%
Apr 13, 2012Raise$0.350 → $0.400+14.3%
Apr 14, 2011Raise$0.100 → $0.350+250.0%
Apr 8, 2009Cut$0.660 → $0.100−84.8%
Apr 10, 2008Raise$0.630 → $0.660+4.8%
Apr 11, 2007Raise$0.550 → $0.630+14.5%
Apr 11, 2006Raise$0.500 → $0.550+10.0%
Oct 8, 2003Raise$0.480 → $0.500+4.2%
Oct 11, 2000Raise$0.450 → $0.480+6.7%
Oct 13, 1999Raise$0.410 → $0.450+9.8%
Oct 8, 1998Raise$0.390 → $0.410+5.1%
Oct 9, 1997Raise$0.365 → $0.390+6.8%
Jan 9, 1997Cut$0.370 → $0.365−1.4%
Oct 10, 1996Raise$0.350 → $0.370+5.7%
Oct 11, 1994Raise$0.320 → $0.350+9.4%
Oct 7, 1993Raise$0.285 → $0.320+12.3%
Oct 6, 1992Raise$0.265 → $0.285+7.5%
May 26, 1989Raise$0.235 → $0.265+12.8%
May 27, 1988Raise$0.210 → $0.235+11.9%
Jun 1, 1987Raise$0.190 → $0.210+10.5%
Every PNC payment →Download every raise and cut (CSV)
PNC ex-dividend date & scheduleNext ex-date Oct 14, 2026 · full ex-dividend historyView →PNC dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is PNC a good dividend stock?

Yes. The PNC Financial Services Group, Inc. (PNC) pays a quarterly dividend yielding 3.55% ($8.00/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is PNC undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PNC's fair value is about $328.66 versus a $225.53 share price — so it looks undervalued (+46% vs. fair value).

Is PNC's dividend safe?

PNC has a dividend-safety grade of A (86/100), based on its payout coverage, free-cash-flow, 15-year growth streak, a dividend cut in 2009, debt and yield-versus-history.

What is PNC's fair value?

Our blended fair-value estimate for PNC is about $328.66 per share, roughly 46% above the current $225.53 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is PNC a buy, hold, or sell?

We don't issue formal ratings, but on the data PNC screens as "yes" and undervalued. The PNC Financial Services Group, Inc. (PNC) pays a quarterly dividend yielding 3.55% ($8.00/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will PNC cut its dividend?

PNC earns a dividend-safety grade of A (86/100), and has cut its dividend before (last in 2009). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does PNC pay a dividend?

Yes. The PNC Financial Services Group, Inc. pays a quarterly dividend of about $8.00 per share annually, a forward yield of roughly 3.55%.

What is PNC's dividend yield?

As of Oct 23, 2026, PNC's forward dividend yield is 3.55%, based on a $8.00 annual dividend and a $225.53 share price.

What is PNC's dividend per share?

As of Oct 23, 2026, PNC pays $8.00 per share per year, distributed on a quarterly basis.

What is PNC's dividend payout ratio?

As of Oct 23, 2026, PNC's payout ratio is 37% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has PNC grown its dividend?

As of Oct 23, 2026, PNC has increased its dividend for 15 consecutive years.

When is the next PNC ex-dividend date?

As of Oct 23, 2026, PNC's next ex-dividend date hasn't been announced. The most recent was Oct 14, 2026, for $2.00 per share.

PNC Dividend News

PNC
IncreasePNC·Aug 24, 2026

PNC Raises Quarterly Dividend 17.7% to $2.00

PNC raised its quarterly dividend 17.7% to $2.00, extending a 15-year growth streak while an A safety grade signals strong earnings coverage.

Income Calculator

At $8.00 / yr per share

Per payment (quarterly)$200.00
Annual$800.00
Monthly avg$66.67

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