Floating Rate Preferred Stocks
By Preferred Stock Channel Staff, updated Wed, July 17, 6:47 PM
. PNC Financial Services Group (The) #46 | Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series P (NYSE: PNC.PRP) | 5.59% CURRENT YIELD
Premium to Liquidation Preference: 9.48% Average Premium in Category:
5.83% Current Annualized Yield: 5.59% Average Yield in Category: 5.55% Days Since Last Ex-Div Date: 2 | See Dividend History » Categorization: Financial
Series: P Alternate symbology: PNC-P, PNC-PP, PNCprP Redeemable?: Yes Call Date: 5/1/2022 Perpetual?: Yes Cumulative?: No Shares Offered: 60,000,000 Overallotment: 3,000,000 Liquidation Preference: $25 Recent Market Price: $27.39 Premium to Liquidation Preference: ( More Preferreds Trading at a Premium ») $2.39 (9.56%) Annualized Dividend: 1.53125 Recent Ex-Date: 7/18/2019 Current Yield: 5.59% Original Coupon: 6.125% per annum until 4/30/22, then at a floating rate equal to three-month LIBOR plus a spread of 4.0675% per annum Pay Period: Quarterly Pay Dates: 1-Feb, 1-May, 1-Aug, 1-Nov
PNC Financial Services Group is a bank holding company. Co. has businesses engaged in retail banking, including residential mortgage, corporate and institutional banking and asset management, providing its products and services nationally. Co.'s segments are: Retail Banking, which provides deposit, lending, brokerage, insurance services, investment management and cash management products and services; Corporate and Institutional Banking, which provides lending, treasury management, and capital markets-related products and services; Asset Management Group, which provides personal wealth management; and BlackRock, which provides a range of investment and technology services.
Preferreds: PNC.PRP, PNC.PRL, PNC.PRQ Open the PNC Information Page »
PNC Financial Services Group (The)
Banking & Savings
Number of ETFs Holding PNC:
113 ( see which ones)
Total Market Value Held by ETFs:
Total Market Capitalization:
% of Market Cap. Held by ETFs:
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