U.S. Bancorp (USB) Declares $0.49 Quarterly Dividend; 5% Yield

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U.S. Bancorp announces quarterly dividends

June 18, 2024 4:39 PM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.49 per common share, payable July 15, 2024, to stockholders of record at the close of business on June 28, 2024. At this quarterly dividend rate, the annual dividend is equivalent to $1.96 per common share.

The Board of Directors also declared the following:

A regular quarterly dividend of $1,670.904 per share (equivalent to $16.709040 per depositary share) on the Series A Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable July 15, 2024, to stockholders of... More