- The U.S. Bank (NYSE: USB) board has declared a regular quarterly dividend. These are the details.
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.46 per common share, payable April 15, 2022, to stockholders of record at the close of business on March 31, 2022. And 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 $875.000 per share (equivalent to $8.750000 per depositary share) on the Series A Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable April 15, 2022, to stockholders of record at the close of business on March 31, 2022.
— A regular quarterly dividend of $218.750 per share (equivalent to $0.218750 per depositary share) on the Series B Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable April 15, 2022, to stockholders of record at the close of business on March 31, 2022.
— 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 April 15, 2022, to stockholders of record at the close of business on March 31, 2022.
— 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 April 15, 2022, to stockholders of record at the close of business on March 31, 2022.
— 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 April 15, 2022, to stockholders of record at the close of business on March 31, 2022.
— 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 April 15, 2022, to stockholders of record at the close of business on March 31, 2022.
— A regular quarterly dividend of $206.250 per share (equivalent to $0.206250 per depositary share) on the Series O Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable April 15, 2022, to stockholders of record at the close of business on March 31, 2022.
With nearly 70,000 employees and $573 billion in assets as of December 31, 2021, U.S. Bancorp is the parent company of U.S. Bank National Association. And 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.
Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.
Source: pulse2.com
