U.S. Bancorp (USB) Declares $0.255 Quarterly Dividend; 2.5% Yield
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U.S. Bancorp Announces Quarterly Dividends
June 15, 2016 1:00 PM EDTMINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.255 per common share, payable July 15, 2016, to stockholders of record at the close of business on June 30, 2016. 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 $884.722 per share (equivalent to $8.84722 per depositary share) on the Series A Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable July 15, 2016, to stockholders of record... More