U.S. Bancorp Announces Quarterly Dividends
June 15 2021 - 4:54PM
Business Wire
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared
a regular quarterly dividend of $0.42 per common share, payable
July 15, 2021, to stockholders of record at the close of business
on June 30, 2021. At this quarterly dividend rate, the annual
dividend is equivalent to $1.68 per common share.
The Board of Directors also declared the following:
- A regular quarterly dividend of $884.722 per share (equivalent
to $8.847220 per depositary share) on the Series A Non-Cumulative
Perpetual Preferred Stock of U.S. Bancorp, payable July 15, 2021,
to stockholders of record at the close of business on June 30,
2021.
- A regular quarterly dividend of $221.181 per share (equivalent
to $0.221181 per depositary share) on the Series B Non-Cumulative
Perpetual Preferred Stock of U.S. Bancorp, payable July 15, 2021,
to stockholders of record at the close of business on June 30,
2021.
- A regular quarterly dividend of $406.250 per share (equivalent
to $0.406250 per depositary share) on the Series F Non-Cumulative
Perpetual Preferred Stock of U.S. Bancorp, payable July 15, 2021,
to stockholders of record at the close of business on June 30,
2021.
- A regular quarterly dividend of $343.750 per share (equivalent
to $0.343750 per depositary share) on the Series K Non-Cumulative
Perpetual Preferred Stock of U.S. Bancorp, payable July 15, 2021,
to stockholders of record at the close of business on June 30,
2021.
- A regular quarterly dividend of $234.375 per share (equivalent
$0.234375 per depositary share) on the Series L Non-Cumulative
Perpetual Preferred Stock of U.S. Bancorp, payable July 15, 2021,
to stockholders of record at the close of business on June 30,
2021.
- A regular quarterly dividend of $250.000 per share (equivalent
$0.250000 per depositary share) on the Series M Non-Cumulative
Perpetual Preferred Stock of U.S. Bancorp, payable July 15, 2021,
to stockholders of record at the close of business on June 30,
2021.
About U.S. Bancorp
U.S. Bancorp, with nearly 70,000 employees and $553 billion in
assets as of March 31, 2021, is the parent company of U.S. Bank
National Association. The Minneapolis-based company serves millions
of customers locally, nationally and globally through a diversified
mix of businesses: Consumer and Business Banking; Payment Services;
Corporate & Commercial Banking; and Wealth Management and
Investment Services. The company has been recognized for its
approach to digital innovation, social responsibility, and customer
service, including being named one of the 2021 World’s Most Ethical
Companies and Fortune’s most admired superregional bank. Learn more
at usbank.com/about.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210615006173/en/
Investor contact: Jennifer Thompson, U.S. Bancorp Investor
Relations jen.thompson@usbank.com, 612.303.0778, @usbank_news Media
contact: Jeff Shelman, U.S. Bancorp Public Affairs and
Communications jeffrey.shelman@usbank.com, 612.422.1423,
@usbank_news
US Bancorp (NYSE:USB)
Historical Stock Chart
From Mar 2024 to Apr 2024
US Bancorp (NYSE:USB)
Historical Stock Chart
From Apr 2023 to Apr 2024