U.S. Bancorp Announces Quarterly Dividends
December 18 2018 - 11:00AM
Business Wire
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared
a regular quarterly dividend of $0.37 per common share, payable
January 15, 2019, to stockholders of record at the close of
business on December 31, 2018. At this quarterly dividend rate, the
annual dividend is equivalent to $1.48 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 15, 2019, to stockholders of record at the
close of business on December 31, 2018.
- 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 15, 2019, to stockholders of record at the close of
business on December 31, 2018.
- 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 15, 2019, to stockholders of record at the close of
business on December 31, 2018.
- 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 15, 2019, to stockholders of record at the close of
business on December 31, 2018.
- A regular quarterly dividend of $343.75
per share (equivalent to $0.34375 per depositary share) on the
Series K Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp,
payable January 15, 2019, to stockholders of record at the close of
business on December 31, 2018.
- 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 15, 2019, to stockholders of record at the
close of business on December 31, 2018.
Minneapolis-based U.S. Bancorp (NYSE: USB), with 74,000
employees and $465 billion in assets as of September 30, 2018, is
the parent company of U.S. Bank, the fifth-largest commercial bank
in the United States. The Minneapolis-based bank blends its
relationship teams, branches and ATM network with mobile and online
tools that allow customers to bank how, when and where they prefer.
U.S. Bank is committed to serving its millions of retail, business,
wealth management, payment, commercial and corporate, and
investment services customers across the country and around the
world as a trusted financial partner, a commitment recognized by
the Ethisphere Institute naming the bank a 2018 World’s Most
Ethical Company. Visit U.S. Bank at www.usbank.com or follow on
social media to stay up to date with company news.
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version on businesswire.com: https://www.businesswire.com/news/home/20181218005570/en/
Jennifer Thompson, U.S. Bancorp Investor Relations –
612.303.0778; jen.thompson@usbank.comRebekah Fawcett, U.S. Bancorp
Corporate Communications – 612.303.9986;
rebekah.fawcett@usbank.comTwitter @usbank_news
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