This morning, PNC Financial (NYSE:PNC) declared its quarterly dividend of 44 cents per share, maintaining the amount paid to shareholders the prior quarter. Based on the current stock price, investors can expect a yield of about 2.4% going forward. Shares of PNC were lower on Thursday, falling 0.2%.
In other dividend news, Corning (NYSE:GLW) maintained its quarterly dividend of 10 cents per share. CSX Corporation (NYSE:CSX) maintained its quarterly dividend of 15 cents per share. And the Alamo Group (NYSE:ALG) maintained its quarterly dividend of 7 cents per share.
Among dividend increases, Phillips 66 (NYSE:PSX) announced its quarterly dividend of 39 cents per share, an increase of 25% over its prior dividend.
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