U.S. Bancorp announces quarterly dividends
13 December 2023 - 9:03AM
Business Wire
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared
a regular quarterly dividend of $0.49 per common share, payable
January 16, 2024, to stockholders of record at the close of
business on December 29, 2023. At this quarterly dividend rate, the
annual dividend is equivalent to $1.96 per common share.
The Board of Directors also declared the following:
- A regular quarterly dividend of $1,705.956 per share
(equivalent to $17.059560 per depositary share) on the Series A
Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable
January 16, 2024, to stockholders of record at the close of
business on December 29, 2023.
- A regular quarterly dividend of $399.656 per share (equivalent
to $0.399656 per depositary share) on the Series B Non-Cumulative
Perpetual Preferred Stock of U.S. Bancorp, payable January 16,
2024, to stockholders of record at the close of business on
December 29, 2023.
- 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 16,
2024, to stockholders of record at the close of business on
December 29, 2023.
- A regular quarterly dividend of $234.375 per share (equivalent
to $0.234375 per depositary share) on the Series L Non-Cumulative
Perpetual Preferred Stock of U.S. Bancorp, payable January 16,
2024, to stockholders of record at the close of business on
December 29, 2023.
- A regular quarterly dividend of $250.000 per share (equivalent
to $0.250000 per depositary share) on the Series M Non-Cumulative
Perpetual Preferred Stock of U.S. Bancorp, payable January 16,
2024, to stockholders of record at the close of business on
December 29, 2023.
- A regular quarterly dividend of $231.250 per share (equivalent
to $9.250000 per depositary share) on the Series N Fixed Rate Reset
Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable
January 16, 2024, to stockholders of record at the close of
business on December 29, 2023.
- A regular quarterly dividend of $281.250 per share (equivalent
to $0.281250 per depositary share) on the Series O Non-Cumulative
Perpetual Preferred Stock of U.S. Bancorp, payable January 16,
2024, to stockholders of record at the close of business on
December 29, 2023.
About U.S. Bancorp
U.S. Bancorp, with approximately 75,000 employees and $668
billion in assets as of September 30, 2023, is the parent company
of U.S. Bank National Association. Headquartered in Minneapolis,
the company serves millions of customers locally, nationally and
globally through a diversified mix of businesses including consumer
banking, business banking, commercial banking, institutional
banking, payments and wealth management. U.S. Bancorp has been
recognized for its approach to digital innovation, community
partnerships and customer service, including being named one of the
2023 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/20231212041603/en/
Investor contact: George Andersen, Director of Investor
Relations, U.S. Bancorp Investor Relations
george.andersen@usbank.com, 612.303.3620, @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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