U.S. Bancorp Announces Quarterly Dividends
December 21 2021 - 10:37AM
Business Wire
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared
a regular quarterly dividend of $0.46 per common share, payable
January 18, 2022 to stockholders of record at the close of business
on December 31, 2021. At this quarterly dividend rate, the annual
dividend is equivalent to $1.84 per common share.
The Board of Directors also declared the following:
- A regular quarterly dividend of $894.444 per share (equivalent
to $8.944440 per depositary share) on the Series A Non-Cumulative
Perpetual Preferred Stock of U.S. Bancorp, payable January 18,
2022, to stockholders of record at the close of business on
December 31, 2021.
- A regular quarterly dividend of $223.611 per share (equivalent
to $0.223611 per depositary share) on the Series B Non-Cumulative
Perpetual Preferred Stock of U.S. Bancorp, payable January 18,
2022, to stockholders of record at the close of business on
December 31, 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 January 18,
2022, to stockholders of record at the close of business on
December 31, 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 January 18,
2022, to stockholders of record at the close of business on
December 31, 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 January 18,
2022, to stockholders of record at the close of business on
December 31, 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 January 18,
2022, to stockholders of record at the close of business on
December 31, 2021.
- A regular quarterly dividend of $202.986 per share (equivalent
$0.202986 per depositary share) on the Series N Non-Cumulative
Perpetual Preferred Stock of U.S. Bancorp, payable January 18,
2022, to stockholders of record at the close of business on
December 31, 2021.
About U.S. Bancorp
U.S. Bancorp, with nearly 70,000 employees and $567 billion in
assets as of September 30, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20211221005509/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, 612.303.9933,
@usbank_news
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