PNC Financial Services Group Stock To Go Ex-dividend Monday (PNC)
The ex-dividend date for PNC Financial Services Group Inc (NYSE:PNC) is Monday, October 17, 2011. Owners of shares as of market close today will be eligible for a dividend of 35 cents per share. At a price of $51.90 as of 9:30 a.m., the dividend yield is 2.7%.
NEW YORK ( TheStreet) -- The ex-dividend date for PNC Financial Services Group Inc (NYSE: PNC) is Monday, October 17, 2011. Owners of shares as of market close today will be eligible for a dividend of 35 cents per share. At a price of $51.90 as of 9:30 a.m. ET, the dividend yield is 2.7%. The average volume for PNC Financial Services Group has been 6.9 million shares per day over the past 30 days. PNC Financial Services Group has a market cap of $27.3 billion and is part of the financial sector and banking industry. Shares are down 15.5% year to date as of the close of trading on Thursday. The PNC Financial Services Group, Inc. operates as a diversified financial services company. The company offers retail banking, corporate and institutional banking, asset management, and residential mortgage banking services. The company has a P/E ratio of 8.4, above the average banking industry P/E ratio of 7.6 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates PNC Financial Services Group as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, expanding profit margins, good cash flow from operations, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full PNC Financial Services Group Ratings Report. See our dividend calendar or top-yielding stocks list.