The PNC Financial Services Group, Inc.
PNCFinancial Services · Stock · quarterly payer
Forward Yield
3.16%
Annual Dividend
$8.00
Payout Ratio
37%
5-Yr Growth
7.5%
Ex-Date
Jul 20, 2026
Frequency
Quarterly
Summary
As of July 2026, The PNC Financial Services Group, Inc. (PNC) yields 3.16% ($8.00 per share annually), with a blended fair-value estimate of $335.67 — +33% upside, so it screens as undervalued. Dividend safety grade: A (85/100). 15 years of dividend growth.
Is PNC a good dividend stock?
YesThe PNC Financial Services Group, Inc. (PNC) pays a quarterly dividend yielding 3.16% ($8.00/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 15 consecutive years of dividend growth
- Comfortable payout ratio (37%)
- Strong 7.5% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 2009
Key Data
- Dividend Yield
- 3.16%
- Payout Ratio
- 37%
- Annual Dividend
- $8.00
- 5-Yr Avg Growth
- 7.5%
- Ex-Dividend Date
- Jul 20, 2026
- Years of Growth
- 15
- Frequency
- quarterly
- Beta
- 0.90
- Market Cap
- $99.8B
- P/E Ratio
- 13.9
- 5-Yr Total Return
- 32%
- 52-Week Range
- $176.88 – $256.49
- Dividend Safety
- A · 85/100
- Ever Cut?
- Yes (2009)
Frequently Asked Questions
PNC Price — Last 12 Months
Daily close
Price Return
1 Year
+22%
3 Years
+109%
5 Years
+32%
52-Week Range
$176.88 – $256.49
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PNC worth?
Undervaluedmedium confidenceOur blended fair-value estimate for The PNC Financial Services Group, Inc. is $335.67 per share, versus a market price of $252.86. That implies 33% of upside — a margin of safety of about 25%.
Fair Value
$335.67
Current Price
$252.86
Upside
+33%
Margin of Safety
25%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 11.8% annual free-cash-flow growth. We model 13.6% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.8% discount rate (CAPM), 13.6% stage-1 growth, 2.5% terminal growth, $18.16 EPS, $8.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PNC Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 20, 2026 | — | $2.0000 | regular |
| Apr 14, 2026 | — | $1.7000 | regular |
| Jan 20, 2026 | — | $1.7000 | regular |
| Oct 14, 2025 | — | $1.7000 | regular |
| Jul 15, 2025 | — | $1.7000 | regular |
| Apr 16, 2025 | — | $1.6000 | regular |
| Jan 15, 2025 | — | $1.6000 | regular |
| Oct 16, 2024 | — | $1.6000 | regular |
| Jul 15, 2024 | — | $1.6000 | regular |
| Apr 12, 2024 | — | $1.5500 | regular |
| Jan 12, 2024 | — | $1.5500 | regular |
| Oct 16, 2023 | — | $1.5500 | regular |
| Jul 14, 2023 | — | $1.5500 | regular |
| Apr 17, 2023 | — | $1.5000 | regular |
Income Calculator
At $8.00 / yr per share
