PNC Financial Services Group's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series P Crosses Above 5.5% Yield Territory
August 23, 2019 at 14:06 PM EDT
In trading on Friday, shares of PNC Financial Services Group's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series P (PNC. RP) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.5312), with shares changing hands as low as $27.79 on the day.
