U.S. Bancorp Announces Quarterly Dividends
December 19 2016 - 11:00AM
Business Wire
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared
a regular quarterly dividend of $0.28 per common share, payable
January 17, 2017, to stockholders of record at the close of
business on December 30, 2016. At this quarterly dividend rate, the
annual dividend is equivalent to $1.12 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
the Series A Non-Cumulative Perpetual Preferred Stock of U.S.
Bancorp, payable January 17, 2017, to stockholders of record at the
close of business on December 30, 2016.
- A regular quarterly dividend of $223.61
per share (equivalent to $0.22361 per depositary share) on the
Series B Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp,
payable January 17, 2017, to stockholders of record at the close of
business on December 30, 2016.
- 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 January 17, 2017, to stockholders of record at the close of
business on December 30, 2016.
- A regular quarterly dividend of $375.00
per share (equivalent to $0.37500 per depositary share) on the
Series G Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp,
payable January 17, 2017, to stockholders of record at the close of
business on December 30, 2016.
- 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 January 17, 2017, to stockholders of record at the close of
business on December 30, 2016.
- 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 January 17, 2017, to stockholders of record at the
close of business on December 30, 2016.
Minneapolis-based U.S. Bancorp (NYSE: USB), with $454 billion in
assets as of September 30, 2016, is the parent company of U.S. Bank
National Association, the fifth largest commercial bank in the
United States. The Company operates 3,114 banking offices in 25
states and 4,875 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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161219005658/en/
U.S. Bank Investor RelationsJennifer Thompson,
612-303-0778jen.thompson@usbank.comorU.S. Bank Corporate
CommunicationsDana Ripley,
612-303-3167dana.ripley@usbank.comTwitter @usbank_news
US Bancorp (NYSE:USB)
Historical Stock Chart
From Jun 2024 to Jul 2024
US Bancorp (NYSE:USB)
Historical Stock Chart
From Jul 2023 to Jul 2024