U.S. Bancorp Announces Quarterly Dividends
December 19 2017 - 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
January 16, 2018, to stockholders of record at the close of
business on December 29, 2017. 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
$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 16, 2018, to stockholders of record at the
close of business on December 29, 2017.
- 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 16, 2018, to stockholders of record at the close of
business on December 29, 2017.
- 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 16, 2018, to stockholders of record at the close of
business on December 29, 2017.
- 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 16, 2018, to stockholders of record at the close of
business on December 29, 2017.
- 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 16, 2018, to stockholders of record at the
close of business on December 29, 2017.
Minneapolis-based U.S. Bancorp (NYSE: USB), with $459 billion in
assets as of September 30, 2017, is the parent company of U.S. Bank
National Association, the fifth largest commercial bank in the
United States. The Company operates 3,072 banking offices in 25
states and 4,801 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/20171219005761/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
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