U.S. Bancorp Announces Quarterly Dividends
September 15 2015 - 4:00PM
Business Wire
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared
a quarterly dividend of $0.255 per common share payable October 15,
2015 to shareholders of record at the close of business on
September 30, 2015. At this quarterly dividend rate, the annual
dividend is equivalent to $1.02 per common share.
The Board of Directors also declared the following:
- A regular quarterly dividend of
$894.444 per share (equivalent to $8.94444 per depositary share) on
U.S. Bancorp’s Series A Non-Cumulative Perpetual Preferred Stock,
payable October 15, 2015, to stockholders of record at the close of
business on September 30, 2015.
- A regular quarterly dividend of $223.61
per share (equivalent to $0.22361 per depositary share) on U.S.
Bancorp’s Series B Non-Cumulative Perpetual Preferred Stock,
payable October 15, 2015, to stockholders of record at the close of
business on September 30, 2015.
- A regular quarterly dividend of $406.25
per share (equivalent to $0.40625 per depositary share) on U.S.
Bancorp’s Series F Non-Cumulative Perpetual Preferred Stock,
payable October 15, 2015, to stockholders of record at the close of
business on September 30, 2015.
- A regular quarterly dividend of $375.00
per share (equivalent to $0.37500 per depositary share) on U.S.
Bancorp’s Series G Non-Cumulative Perpetual Preferred Stock,
payable October 15, 2015, to stockholders of record at the close of
business on September 30, 2015.
- A regular quarterly dividend of $321.88
per share (equivalent to $0.32188 per depositary share) on U.S.
Bancorp’s Series H Non-Cumulative Perpetual Preferred Stock,
payable October 15, 2015, to stockholders of record at the close of
business on September 30, 2015.
About U.S. BankMinneapolis-based U.S. Bancorp (NYSE:
USB), with $419 billion in assets as of June 30,
2015, is the parent company of U.S. Bank National Association,
the fifth largest commercial bank in the United States. The
Company operates 3,164 banking offices in 25 states and 5,020 ATMs
and provides a comprehensive line of banking, investment, mortgage,
trust and payment services products to consumers, businesses and
institutions. Visit U.S. Bancorp on the web at
www.usbank.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20150915006755/en/
Investor contact:U.S. Bank Investor RelationsSean O’Connor,
612-303-0778sean.oconnor@usbank.com@usbank_newsorMedia contact:U.S.
Bank Corporate CommunicationsDana Ripley,
612-303-3167dana.ripley@usbank.com@usbank_news
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