U.S. Bancorp (USB) Declares $0.30 Quarterly Dividend; 2.3% Yield

Go back to U.S. Bancorp (USB) Declares $0.30 Quarterly Dividend; 2.3% Yield

U.S. Bancorp Announces Quarterly Dividends

June 19, 2018 11:00 AM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.30 per common share, payable July 16, 2018, to stockholders of record at the close of business on June 29, 2018. At this quarterly dividend rate, the annual dividend is equivalent to $1.20 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... More