PFGI Capital Corporation Confirms Cash Payment on Preferred Stock

Jan 13, 2010, 12:23 ET from PFGI Capital Corporation

PITTSBURGH, Jan. 13 /PRNewswire-FirstCall/ -- PFGI Capital Corporation announced the quarterly cash dividends on its Series A Preferred and Series B Preferred. The distributions, accruing from November 18, 2009 through February 17, 2010, are payable February 17, 2010 to holders of record on February 1, 2010, at a rate of $0.484375 per share of Series A Preferred stock and $1.25 per share of Series B Preferred stock.

About PFGI Capital Corporation

PFGI Capital Corporation is a Maryland corporation formed as a real estate investment trust for federal income tax purposes. The principal business objective is to acquire, hold, and manage mortgage-backed securities and other authorized investments that will generate net income for distribution to shareholders. PFGI Capital Corporation is a consolidated subsidiary of PNC Bank National Association, a wholly owned banking subsidiary of The PNC Financial Services Group, Inc.

About The PNC Financial Services Group, Inc.

The PNC Financial Services Group, Inc. ( 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.

For further information, please contact:

Fred Solomon

(412) 762-7544

SOURCE PFGI Capital Corporation