U.S. Bancorp Announces Quarterly Dividends
December 15 2015 - 5:00PM
Business Wire
The Board of Directors of U.S. Bancorp (NYSE:USB) has declared a
quarterly dividend of $0.255 per common, share payable January 15,
2016, to shareholders of record at the close of business on
December 31, 2015. At this quarterly dividend rate, the annual
dividend is equivalent to $1.02 per common share.
The Board of Directors 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 January 15, 2016, to stockholders of record at the close of
business on December 31, 2015.
- 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 January 15, 2016, to stockholders of record at the close of
business on December 31, 2015.
- 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 January 15, 2016, to stockholders of record at the close of
business on December 31, 2015.
- 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 January 15, 2016, to stockholders of record at the close of
business on December 31, 2015.
- 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 January 15, 2016, to stockholders of record at the close of
business on December 31, 2015.
- A regular semi-annual dividend of
$185.0695 per share (equivalent to $7.40278 per depositary share)
on U.S. Bancorp’s Series I Non-Cumulative Perpetual Preferred
Stock, payable January 15, 2016, to stockholders of record at the
close of business on December 31, 2015.
Minneapolis-based U.S. Bancorp (NYSE: USB), with $416 billion in
assets as of September 30, 2015, is the parent company of U.S. Bank
National Association, the fifth largest commercial bank in the
United States. The Company operates 3,151 banking offices in 25
states and 5,001 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: http://www.businesswire.com/news/home/20151215006869/en/
U.S. Bank Investor RelationsSean O'Connor,
612-303-0778sean.oconnor@usbank.comorU.S. Bank Corporate
CommunicationsDana Ripley,
612-303-3167dana.ripley@usbank.comTwitter @usbank_news
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