U.S. Bancorp announces quarterly dividends
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.48 per common share, payable July 17, 2023, to stockholders of record at the close of business on June 30, 2023. At this quarterly dividend rate, the annual dividend is equivalent to $1.92 per common share.
The Board of Directors also declared the following:
- A regular quarterly dividend of $1,587.52 per share (equivalent to $15.875200 per depositary share) on the
- Series A Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable July 17, 2023, to stockholders of record at the close of business on June 30, 2023.
- A regular quarterly dividend of $370.338 per share (equivalent to $0.370338 per depositary share) on the Series B Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable July 17, 2023, to stockholders of record at the close of business on June 30, 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 July 17, 2023, to stockholders of record at the close of business on June 30, 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 July 17, 2023, to stockholders of record at the close of business on June 30, 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 July 17, 2023, to stockholders of record at the close of business on June 30, 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 July 17, 2023, to stockholders of record at the close of business on June 30, 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 July 17, 2023, to stockholders of record at the close of business on June 30, 2023.
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