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U.S. Bancorp Announces Quarterly Dividends

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The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.42 per common share, payable July 15, 2021, to stockholders of record at the close of business on June 30, 2021. At this quarterly dividend rate, the annual dividend is equivalent to $1.68 per common share.

The Board of Directors also declared the following:

  • A regular quarterly dividend of $884.722 per share (equivalent to $8.847220 per depositary share) on the Series A Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable July 15, 2021, to stockholders of record at the close of business on June 30, 2021.
  • A regular quarterly dividend of $221.181 per share (equivalent to $0.221181 per depositary share) on the Series B Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable July 15, 2021, to stockholders of record at the close of business on June 30, 2021.
  • A regular quarterly dividend of $406.250 per share (equivalent to $0.406250 per depositary share) on the Series F Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable July 15, 2021, to stockholders of record at the close of business on June 30, 2021.
  • 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 15, 2021, to stockholders of record at the close of business on June 30, 2021.
  • A regular quarterly dividend of $234.375 per share (equivalent $0.234375 per depositary share) on the Series L Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable July 15, 2021, to stockholders of record at the close of business on June 30, 2021.
  • A regular quarterly dividend of $250.000 per share (equivalent $0.250000 per depositary share) on the Series M Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable July 15, 2021, to stockholders of record at the close of business on June 30, 2021.

About U.S. Bancorp

U.S. Bancorp, with nearly 70,000 employees and $553 billion in assets as of March 31, 2021, is the parent company of U.S. Bank National Association. 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. The company has been recognized for its approach to digital innovation, social responsibility, and customer service, including being named one of the 2021 World’s Most Ethical Companies and Fortune’s most admired superregional bank. Learn more at usbank.com/about.

U.S. Bancorp.

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Commercial Banking
Finance and Insurance
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Finance, Major Banks, Finance and Insurance, Commercial Banking
US
Minneapolis

About USB

we believe in putting people first, and our dedication to making ethical decisions and doing the right thing is at the heart of what we do. we're proud to be named by ethisphere as a 2017 world's most ethical company. we work to meet our customers’ business and personal banking needs with competitive products and services, convenient access to their accounts, and proven stability backed by industry-leading financial metrics. with more than 4,800 atms, 3,088 branch locations, 24-hour phone support and mobile and online banking, we make it easy for our customers to manage their money any time. please note: equal housing lender. credit products are offered by u.s bank national association and subject to normal credit approval. some restrictions may apply. deposit products offered by u.s. bank national association. member fdic.