PNC Financial Services Group Stock To Go Ex-dividend Tomorrow (PNC)
The ex-dividend date for PNC Financial Services Group (NYSE:PNC) is tomorrow, October 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $65.02 as of 9:30 a.m., the dividend yield is 2.5%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for PNC Financial Services Group (NYSE: PNC) is tomorrow, October 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $65.02 as of 9:30 a.m. ET, the dividend yield is 2.5%. The average volume for PNC Financial Services Group has been 2.9 million shares per day over the past 30 days. PNC Financial Services Group has a market cap of $34.09 billion and is part of the financial sector and banking industry. Shares are up 11.9% year to date as of the close of trading on Wednesday. The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States and internationally. The company's Retail Banking segment provides deposit, lending, brokerage, investment management, and cash management services. The company has a P/E ratio of 13.4, equal to the average banking industry P/E ratio 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 expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full PNC Financial Services Group Ratings Report. See our dividend calendar or top-yielding stocks list. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.