U.S. Bancorp (USB) Declares $0.50 Quarterly Dividend; 3.9% Yield

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U.S. Bancorp announces quarterly dividends

December 10, 2024 4:57 PM EST

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.50 per common share, payable January 15, 2025, to stockholders of record at the close of business on December 31, 2024. At this quarterly dividend rate, the annual dividend is equivalent to $2.00 per common share.

The Board of Directors also declared the following:

A regular quarterly dividend of $1,517.364 per share (equivalent to $15.173640 per depositary share) on the Series A Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable January 15, 2025, to stockholders of record... More