U.S. Bancorp Announces Quarterly Dividends

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a quarterly dividend of $0.255 per common share payable October 15, 2015 to shareholders of record at the close of business on September 30, 2015. At this quarterly dividend rate, the annual dividend is equivalent to $1.02 per common share.

The Board of Directors also declared the following:

• A regular quarterly dividend of $894.444 per share (equivalent to $8.94444 per depositary share) on U.S. Bancorp’s Series A Non-Cumulative Perpetual Preferred Stock, payable October 15, 2015, to stockholders of record at the close of business on September 30, 2015.
• A regular quarterly dividend of $223.61 per share (equivalent to $0.22361 per depositary share) on U.S. Bancorp’s Series B Non-Cumulative Perpetual Preferred Stock, payable October 15, 2015, to stockholders of record at the close of business on September 30, 2015.
• A regular quarterly dividend of $406.25 per share (equivalent to $0.40625 per depositary share) on U.S. Bancorp’s Series F Non-Cumulative Perpetual Preferred Stock, payable October 15, 2015, to stockholders of record at the close of business on September 30, 2015.
• A regular quarterly dividend of $375.00 per share (equivalent to $0.37500 per depositary share) on U.S. Bancorp’s Series G Non-Cumulative Perpetual Preferred Stock, payable October 15, 2015, to stockholders of record at the close of business on September 30, 2015.
• A regular quarterly dividend of $321.88 per share (equivalent to $0.32188 per depositary share) on U.S. Bancorp’s Series H Non-Cumulative Perpetual Preferred Stock, payable October 15, 2015, to stockholders of record at the close of business on September 30, 2015.

About U.S. BankMinneapolis-based U.S. Bancorp (NYSE: USB), with $419 billion in assets as of June 30, 2015, is the parent company of U.S. Bank National Association, the fifth largest commercial bank in the United States. The Company operates 3,164 banking offices in 25 states and 5,020 ATMs and provides a comprehensive line of banking, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at www.usbank.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150915006755/en/

Investor contact:
U.S. Bank Investor Relations
Sean O’Connor, 612-303-0778
[email protected]
@usbank_news
or
Media contact:
U.S. Bank Corporate Communications
Dana Ripley, 612-303-3167
[email protected]
@usbank_news

Source: U.S. Bancorp

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