U.S. Bancorp Announces Quarterly Dividends
September 16 2014 - 1:00PM
Business Wire
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared
a quarterly dividend of $0.245 per common share, payable October
15, 2014, to stockholders of record at the close of business on
September 30, 2014. At this quarterly dividend rate, the annual
dividend is equivalent to $0.98 per common share.
The Board of Directors has also declared the following:
- A regular quarterly dividend of
$894.444 per share (equivalent to $8.94444 per depositary share) on
U.S. Bancorp’s Series A Non-Cumulative Perpetual Preferred Stock,
payable October 15, 2014, to stockholders of record at the close of
business on September 30, 2014.
- A regular quarterly dividend of $223.61
per share (equivalent to $0.22361 per depositary share) on U.S.
Bancorp’s Series B Non-Cumulative Perpetual Preferred Stock,
payable October 15, 2014, to stockholders of record at the close of
business on September 30, 2014.
- A regular quarterly dividend of $406.25
per share (equivalent to $0.40625 per depositary share) on U.S.
Bancorp’s Series F Non-Cumulative Perpetual Preferred Stock,
payable October 15, 2014, to stockholders of record at the close of
business on September 30, 2014.
- A regular quarterly dividend of $375.00
per share (equivalent to $0.37500 per depositary share) on U.S.
Bancorp’s Series G Non-Cumulative Perpetual Preferred Stock,
payable October 15, 2014, to stockholders of record at the close of
business on September 30, 2014.
- A regular quarterly dividend of $321.88
per share (equivalent to $0.32188 per depositary share) on U.S.
Bancorp’s Series H Non-Cumulative Perpetual Preferred Stock,
payable October 15, 2014, to stockholders of record at the close of
business on September 30, 2014.
U.S. Bancorp, with $389 billion in assets as of June 30, 2014,
is the parent company of U.S. Bank National Association, the 5th
largest commercial bank in the United States. The Company operates
3,174 banking offices in 25 states and 5,005 ATMs and provides a
comprehensive line of banking, brokerage, insurance, investment,
mortgage, trust and payment services products to consumers,
businesses and institutions. Visit U.S. Bancorp on the web at
usbank.com.
U.S. BancorpInvestor RelationsSean O’Connor,
612-303-0778orCorporate CommunicationsDana Ripley, 612-303-3167
US Bancorp (NYSE:USB)
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