[March 19, 2019] |
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U.S. Bancorp Announces Quarterly Dividends
The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a
regular quarterly dividend of $0.37 per common share, payable April 15,
2019, to stockholders of record at the close of business on March 29,
2019. At this quarterly dividend rate, the annual dividend is equivalent
to $1.48 per common share.
The Board of Directors also declared the following:
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A regular quarterly dividend of $951.828 per share (equivalent to
$9.51828 per depositary share) on the Series A Non-Cumulative
Perpetual Preferred Stock of U.S. Bancorp, payable April 15, 2019, to
stockholders of record at the close of business on March 29, 2019.
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A regular quarterly dividend of $218.75 per share (equivalent to
$0.21875 per depositary share) on the Series B Non-Cumulative
Perpetual Preferred Stock of U.S. Bancorp, payable April 15, 2019, to
stockholders of record at the close of business on March 29, 2019.
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A regular quarterly dividend of $406.25 per share (equivalent to
$0.40625 per depositary share) on the Series F Non-Cumulative
Perpetual Preferred Stock of U.S. Bancorp, payable April 15, 2019, to
stockholders of record at the close of usiness on March 29, 2019.
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A regular quarterly dividend of $321.88 per share (equivalent to
$0.32188 per depositary share) on the Series H Non-Cumulative
Perpetual Preferred Stock of U.S. Bancorp, payable April 15, 2019, to
stockholders of record at the close of business on March 29, 2019.
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A regular quarterly dividend of $343.75 per share (equivalent to
$0.34375 per depositary share) on the Series K Non-Cumulative
Perpetual Preferred Stock of U.S. Bancorp, payable April 15, 2019, to
stockholders of record at the close of business on March 29, 2019.
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A regular semi-annual dividend of $662.50 per share (equivalent to
$26.50000 per depositary share) on the Series J Non-Cumulative
Perpetual Preferred Stock of U.S. Bancorp, payable April 15, 2019, to
stockholders of record at the close of business on March 29, 2019.
Minneapolis-based U.S. Bancorp (NYSE: USB), with 74,000 employees and
$467 billion in assets as of December 31, 2018, is the parent company of
U.S. Bank, the fifth-largest commercial bank in the United States. The
Minneapolis-based bank blends its relationship teams, branches and ATM
network with mobile and online tools that allow customers to bank how,
when and where they prefer. U.S. Bank is committed to serving its
millions of retail, business, wealth management, payment, commercial and
corporate, and investment services customers across the country and
around the world as a trusted financial partner, a commitment recognized
by the Ethisphere Institute naming the bank a 2019 World's Most Ethical
Company. Visit U.S. Bank at www.usbank.com
or follow on social media to stay up to date with company news.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190319005162/en/
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