U.S. Bancorp Announces Quarterly Dividends
March 15 2016 - 1:00PM
Business Wire
The Board of Directors of U.S. Bancorp (NYSE:USB) has declared a
quarterly dividend of $0.255 per common share payable April 15,
2016, to shareholders of record at the close of business on March
31, 2016. 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
$884.772 per share (equivalent to $8.84772 per depositary share) on
U.S. Bancorp’s Series A Non-Cumulative Perpetual Preferred Stock,
payable April 15, 2016, to stockholders of record at the close of
business on March 31, 2016.
- A regular quarterly dividend of $221.18
per share (equivalent to $0.22118 per depositary share) on U.S.
Bancorp’s Series B Non-Cumulative Perpetual Preferred Stock,
payable April 15, 2016, to stockholders of record at the close of
business on March 31, 2016.
- 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 April 15, 2016, to stockholders of record at the close of
business on March 31, 2016.
- 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 April 15, 2016, to stockholders of record at the close of
business on March 31, 2016.
- 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 April 15, 2016, to stockholders of record at the close of
business on March 31, 2016.
Minneapolis-based U.S. Bancorp (NYSE: USB), with $422 billion in
assets as of December 31, 2015, is the parent company of U.S. Bank
National Association, the fifth largest commercial bank in the
United States. The Company operates 3,133 banking offices in 25
states and 4,936 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/20160315006228/en/
U.S. Bank Investor RelationsBob Kleiber,
612-303-3620robert.kleiber@usbank.comorU.S. Bank Corporate
CommunicationsDana Ripley,
612-303-3167dana.ripley@usbank.comTwitter @usbank_news
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