U.S. Bancorp (USB) Declares $0.255 Quarterly Dividend; 2.3% Yield

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U.S. Bancorp Announces Quarterly Dividends

December 15, 2015 5:00 PM EST

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 January 15, 2016, to shareholders of record at the close of business on December 31, 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. Bancorps Series A Non-Cumulative Perpetual Preferred Stock, payable January 15, 2016, to stockholders of record at the... More