U.S. Bancorp Announces Quarterly Dividends
June 19 2018 - 11:00AM
Business Wire
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared
a regular quarterly dividend of $0.30 per common share, payable
July 16, 2018, to stockholders of record at the close of business
on June 29, 2018. At this quarterly dividend rate, the annual
dividend is equivalent to $1.20 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 July 16, 2018, to stockholders of record at the
close of business on June 29, 2018.
- A regular quarterly dividend of $221.18
per share (equivalent to $0.22118 per depositary share) on the
Series B Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp,
payable July 16, 2018, to stockholders of record at the close of
business on June 29, 2018.
- A regular quarterly dividend of $406.25
per share (equivalent to $0.40625 per depositary share) on the
Series F Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp,
payable July 16, 2018, to stockholders of record at the close of
business on June 29, 2018.
- A regular quarterly dividend of $321.88
per share (equivalent to $0.32188 per depositary share) on the
Series H Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp,
payable July 16, 2018, to stockholders of record at the close of
business on June 29, 2018.
- A regular semi-annual dividend of
$640.625 per share (equivalent to $25.625 per depositary share) on
the Series I Non-Cumulative Perpetual Preferred Stock of U.S.
Bancorp, payable July 16, 2018, to stockholders of record at the
close of business on June 29, 2018.
Minneapolis-based U.S. Bancorp (NYSE: USB), with $460 billion in
assets as of March 31, 2018, is the parent company of U.S. Bank
National Association, the fifth largest commercial bank in the
United States. The Company operates 3,054 banking offices in 25
states and 4,729 ATMs, and provides a comprehensive line of
banking, investment, mortgage, trust and payment services products
to consumers, businesses and institutions. Visit U.S. Bancorp on
the web at www.usbank.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20180619005858/en/
Jennifer Thompson, U.S. Bank Investor Relations612.303.0778;
jen.thompson@usbank.comorStacey Wempen, U.S. Bank Corporate
Communications612.303.7620; stacey.wempen@usbank.comTwitter
@usbank_news
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