U.S. Bancorp Announces Quarterly Dividends
March 19 2019 - 10:00AM
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
April 15, 2019, to stockholders of record at the close of business
on March 29, 2019. 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
$951.828 per share (equivalent to $9.51828 per depositary share) on
the Series A Non-Cumulative Perpetual Preferred Stock of U.S.
Bancorp, payable April 15, 2019, to stockholders of record at the
close of business on March 29, 2019.
- A regular quarterly dividend of $218.75
per share (equivalent to $0.21875 per depositary share) on the
Series B Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp,
payable April 15, 2019, to stockholders of record at the close of
business on March 29, 2019.
- 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 April 15, 2019, to stockholders of record at the close of
business on March 29, 2019.
- 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 April 15, 2019, to stockholders of record at the close of
business on March 29, 2019.
- 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 April 15, 2019, to stockholders of record at the close of
business on March 29, 2019.
- A regular semi-annual dividend of
$662.50 per share (equivalent to $26.50000 per depositary share) on
the Series J Non-Cumulative Perpetual Preferred Stock of U.S.
Bancorp, payable April 15, 2019, to stockholders of record at the
close of business on March 29, 2019.
Minneapolis-based U.S. Bancorp (NYSE: USB), with 74,000
employees and $467 billion in assets as of December 31, 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 2019 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/20190319005162/en/
Jennifer Thompson, U.S. Bancorp Investor Relations612.303.0778;
jen.thompson@usbank.com
Rebekah Fawcett, U.S. Bancorp Corporate
Communications612.303.9986; rebekah.fawcett@usbank.com
Twitter @usbank_news
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