Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The PNC Financial Services Group, Inc (PNC) have what it takes? Let's find out.
While I haven't written a ton about PNC Financial (NYSE: PNC) lately, the sixth-largest bank by assets in the U.S. has been a solid performer with a strong valuation and a very good dividend yield. The bank made the move at a good time when the regulatory environment for large bank mergers was a lot friendlier and when bank valuations weren't too demanding.
LONDON, February 02, 2023--Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Scott Dunn, a portfolio company of Inflexion Private Equity (Inflexion), on its pending sale to Flight Centre Travel Group (ASX: FLT; FCTG). Scott Dunn is one of the world's leading luxury tour operators. The transaction is being led by Will Bain, Ed Arkus, Krishna Patel and Ruben Pinheiro of the Harris Williams Consumer Group.