5 Best Regional Bank Dividend Stocks to Buy

2. The PNC Financial Services Group, Inc. (NYSE:PNC)

Number of Hedge Fund Holders: 55

The PNC Financial Services Group, Inc. (NYSE:PNC) is an American bank holding company, providing related financial services to its consumers. On July 3, the company hiked its quarterly dividend by 3% to $1.55 per share. Through this increase, the company stretched its dividend growth streak to 13 years, which makes it one of the best dividend stocks on our list. As of July 26, the stock offers a dividend yield of 4.56%.

At the end of March 31, 55 hedge funds out of 943 owned stakes in The PNC Financial Services Group, Inc. (NYSE:PNC), up from 49 in the previous quarter, as shown by Insider Monkey’s database. The combined value of these stakes is more than $807 million.

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