U.S. Bancorp (USB) Declares $0.46 Quarterly Dividend; 3.4% Yield

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U.S. Bancorp Announces Quarterly Dividends

March 15, 2022 4:49 PM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.46 per common share, payable April 15, 2022, to stockholders of record at the close of business on March 31, 2022. At this quarterly dividend rate, the annual dividend is equivalent to $1.84 per common share.

The Board of Directors also declared the following:

A regular quarterly dividend of $875.000 per share (equivalent to $8.750000 per depositary share) on the Series A Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable April 15, 2022, to stockholders of... More