MINNEAPOLIS--(BUSINESS WIRE)--Dec. 15, 2015--
The Board of Directors of U.S. Bancorp (NYSE:USB) has declared a
quarterly dividend of $0.255 per common, share payable January 15, 2016,
to shareholders of record at the close of business on December 31, 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 January 15, 2016, to
stockholders of record at the close of business on December 31, 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 January 15, 2016, to
stockholders of record at the close of business on December 31, 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 January 15, 2016, to
stockholders of record at the close of business on December 31, 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 January 15, 2016, to
stockholders of record at the close of business on December 31, 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 January 15, 2016, to
stockholders of record at the close of business on December 31, 2015.
-
A regular semi-annual dividend of $185.0695 per share (equivalent to
$7.40278 per depositary share) on U.S. Bancorp’s Series I
Non-Cumulative Perpetual Preferred Stock, payable January 15, 2016, to
stockholders of record at the close of business on December 31, 2015.
Minneapolis-based U.S. Bancorp (NYSE: USB), with $416 billion in assets
as of September 30, 2015, is the parent company of U.S. Bank National
Association, the fifth largest commercial bank in the United States. The
Company operates 3,151 banking offices in 25 states and 5,001 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151215006869/en/
Source: U.S. Bancorp
U.S. Bank Investor Relations
Sean O'Connor, 612-303-0778
sean.oconnor@usbank.com
or
U.S.
Bank Corporate Communications
Dana Ripley, 612-303-3167
dana.ripley@usbank.com
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@usbank_news