U.S. Bancorp (USB) Declares $0.125 Quarterly Dividend; 2% Yield

U.S. Bancorp (NYSE: USB) declared a quarterly dividend of $0.125 per share, or $0.5 annualized.

The dividend will be payable on July 15, 2011, to stockholders of record on June 30, 2011, with an ex-dividend date of June 28, 2011.

The annual yield on the dividend is 2 percent.

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