PITTSBURGH /PRNewswire-FirstCall/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that the board of directors declared a quarterly cash dividend of 10 cents per share on the common stock. The dividend is payable to shareholders of record at the close of business .

The board also declared a quarterly cash dividend on the following preferred stocks:

• Series A and B: a dividend of 45 cents per share will be payable to shareholders of record at the close of business .

• Series C: a dividend of 40 cents per share will be payable to shareholders of record at the close of business .

• Series D: a dividend of 45 cents per share will be payable to shareholders of record at the close of business .

• Series L: a dividend of $2,468.75 per share ($.6171875 per each depositary share, 4,000 of which represent one share of Series L preferred stock), payable on to shareholders of record as of the close of business .

• Series N: a dividend of $1,250.00 per share, payable on to shareholders of record as of the close of business . The Series N preferred stock is held by the U.S. Department of Treasury under the Troubled Asset Relief Program.  To date, the board of directors has authorized or paid a total of $426.3 million in dividends to the Treasury.

The PNC Financial Services Group, Inc. (www.pnc.com) is one of the nation's largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management; asset management and global fund services.

SOURCE The PNC Financial Services Group, Inc.