U.S. Bancorp (USB) Declares $0.37 Quarterly Dividend; 2.8% Yield

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U.S. Bancorp Announces Quarterly Dividends

March 19, 2019 10:00 AM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.37 per common share, payable April 15, 2019, to stockholders of record at the close of business on March 29, 2019. At this quarterly dividend rate, the annual dividend is equivalent to $1.48 per common share.

The Board of Directors also declared the following:

A regular quarterly dividend of $951.828 per share (equivalent to $9.51828 per depositary share) on the Series A Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable April 15, 2019, to stockholders of record at the... More