GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PNC Financial Services Group Inc (NYSE:PNC) » Definitions » Dividend Payout Ratio

PNC Financial Services Group (PNC Financial Services Group) Dividend Payout Ratio

: 0.49 (As of Dec. 2023)
View and export this data going back to 1987. Start your Free Trial

PNC Financial Services Group's dividend payout ratio for the months ended in Dec. 2023 was 0.49.

The historical rank and industry rank for PNC Financial Services Group's Dividend Payout Ratio or its related term are showing as below:

PNC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.38   Max: 0.72
Current: 0.43


During the past 13 years, the highest Dividend Payout Ratio of PNC Financial Services Group was 0.72. The lowest was 0.25. And the median was 0.38.

PNC's Dividend Payout Ratio is ranked worse than
64.18% of 1097 companies
in the Banks industry
Industry Median: 0.33 vs PNC: 0.43

As of today (2024-04-16), the Dividend Yield % of PNC Financial Services Group is 4.25%.

During the past 13 years, the highest Trailing Annual Dividend Yield of PNC Financial Services Group was 5.44%. The lowest was 1.60%. And the median was 2.37%.

PNC Financial Services Group's Dividends per Share for the months ended in Dec. 2023 was $1.55.

During the past 12 months, PNC Financial Services Group's average Dividends Per Share Growth Rate was 6.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 15.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of PNC Financial Services Group was 62.60% per year. The lowest was -45.30% per year. And the median was 7.05% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


PNC Financial Services Group Dividend Payout Ratio Historical Data

The historical data trend for PNC Financial Services Group's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PNC Financial Services Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.72 0.38 0.42 0.43

PNC Financial Services Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.38 0.45 0.43 0.49

Competitive Comparison

For the Banks - Regional subindustry, PNC Financial Services Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PNC Financial Services Group Dividend Payout Ratio Distribution

For the Banks industry and Financial Services sector, PNC Financial Services Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where PNC Financial Services Group's Dividend Payout Ratio falls into.



PNC Financial Services Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

PNC Financial Services Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=6.1/ 14.1
=0.43

PNC Financial Services Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.55/ 3.16
=0.49

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


PNC Financial Services Group (NYSE:PNC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


PNC Financial Services Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of PNC Financial Services Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PNC Financial Services Group (PNC Financial Services Group) Business Description

Traded in Other Exchanges
Address
300 Fifth Avenue, The Tower at PNC Plaza, Pittsburgh, PA, USA, 15222-2401
PNC Financial Services Group is a diversified financial services company offering retail banking, corporate and institutional banking, asset management, and residential mortgage banking across the United States.
Executives
Guild Deborah officer: Executive Vice President 847 PERSIMMON ROAD, SEWICKLEY PA 15143
Bryan Scott Salesky director 2545 RAILROAD ST, SUITE 400, PITTSBURGH PA 15222
Joseph Alvarado director 705 N. BAR Y ROAD, P.O. BOX 11368, JACKSON WY 83002
Kieran John Fallon officer: Executive Vice President 17160 SPRING CREEK LANE, LEESBURG VA 20176
Michael P. Lyons officer: Executive Vice President 249 FIFTH AVENUE, 1PNC, PITTSBURGH PA 15222
William S Demchak officer: Vice Chairman and CFO THE TOWER AT PNC PLAZA, 300 FIFTH AVENUE, PITTSBURGH PA 15222-2707
Overstrom Alexander E. C. officer: Executive Vice President 643 PITCAIRN PLACE, PITTSBURGH PA 15232
Renu Khator director 11 GREENWAY PLAZA, SUITE 2400, HOUSTON TX 77046
Robert A Niblock director 1605 CURTIS BRIDGE ROAD, WILKESBORO NC 28697
Martin Pfinsgraff director 354 KINGSBERRY DRIVE, ANNAPOLIS MD 21409
Michael J Hannon officer: Chief Credit Policy Officer 249 FIFTH AVE, P1-POPP-30-1, PITTSBURGH PA 15222
Karen L. Larrimer officer: Executive Vice President ONE PNC PLAZA, 249 FIFTH AVENUE, PITTSBURGH PA 15222-2707
Ganesh Manapra Krishnan officer: Executive Vice President 6416 INTERLAKEN DR, MCDONALD PA 15057
David L Cohen director
Richard Kevin Bynum officer: Executive Vice President 7567 GLEN POINTE CT., SPRINGFIELD VA 22153