) will begin trading ex-dividend on Wednesday, April 12. To qualify for a dividend check, investors must have owned PNC Financial shares prior to Wednesday, which is the last day the company’s management will finalize its roster of shareholders to whom it will mail payments.
PNC Financial stock, which currently trades around $119 per share, has risen about 2% year to date, including some 6.55% declines in the past thirty days. This compares with a 5.21% year-to-date rise in the S&P 500 index (SPX
). PNC Financial stock has risen 46% over the past twelve months, while the S&P 500 has risen 15%. (See also: PNC Financial’s Ratings Affirmed by Moody’s, Outlook Stable)
In its fiscal fourth-quarter earnings results, reported in January, the…