U.S. Bancorp (USB) Declares $0.42 Quarterly Dividend; 5.2% Yield
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U.S. Bank Announces Quarterly Dividends
March 17, 2020 10:00 AM EDTMINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.42 per common share, payable April 15, 2020, to stockholders of record at the close of business on March 31, 2020. At this quarterly dividend rate, the annual dividend is equivalent to $1.68 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 April 15, 2020, to stockholders of... More