U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities and other financial institutions in the United States. It operates in Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support segments. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; lending services, such as traditional credit products; and credit card services, lease financing and import/export trade, asset-backed lending, agricultural finance, and other products. It also provides ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate and governmental entity customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, the company offers investment and insurance products to its customers principally within its markets, as well as fund administration services to a range of mutual and other funds. Further, it provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as investment management, ATM processing, mortgage banking, insurance, and brokerage and leasing services. As of December 31, 2021, the company provided its products and services through a network of 2,230 banking offices principally operating in the Midwest and West regions of the United States, as well as through on-line services, over mobile devices, and other distribution channels; and operated a network of 4,059 ATMs. The company was founded in 1863 and is headquartered in Minneapolis, Minnesota.
U.S. Bancorp Dividend Announcement
• U.S. Bancorp announced a quarterly dividend of $0.50 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-30
• U.S. Bancorp annual dividend for 2024 was $1.48
• U.S. Bancorp annual dividend for 2023 was $1.93
• U.S. Bancorp's trailing twelve-month (TTM) dividend yield is 3.67%
• U.S. Bancorp's payout ratio for the trailing twelve months (TTM) is 62.28%
• U.S. Bancorp's dividend growth over the last five years (2018-2023) was 7.57% year
• U.S. Bancorp's dividend growth over the last ten years (2013-2023) was 8.11% year
U.S. Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $0.50 | quarterly | 2024-10-15 |
2024-06-28 | $0.49 | quarterly | 2024-07-15 |
2024-03-27 | $0.49 | quarterly | 2024-04-15 |
2023-12-28 | $0.49 | quarterly | 2024-01-16 |
2023-09-28 | $0.48 | quarterly | 2023-10-16 |
2023-06-29 | $0.48 | quarterly | 2023-07-17 |
2023-03-30 | $0.48 | quarterly | 2023-04-17 |
2022-12-29 | $0.48 | quarterly | 2023-01-17 |
2022-09-29 | $0.48 | quarterly | 2022-10-17 |
2022-06-29 | $0.46 | quarterly | 2022-07-15 |
2022-03-30 | $0.46 | quarterly | 2022-04-15 |
2021-12-30 | $0.46 | quarterly | 2022-01-18 |
2021-09-29 | $0.46 | quarterly | 2021-10-15 |
2021-06-29 | $0.42 | quarterly | 2021-07-15 |
2021-03-30 | $0.42 | quarterly | 2021-04-15 |
2020-12-30 | $0.42 | quarterly | 2021-01-15 |
2020-09-29 | $0.42 | quarterly | 2020-10-15 |
2020-06-29 | $0.42 | quarterly | 2020-07-15 |
2020-03-30 | $0.42 | quarterly | 2020-04-15 |
2019-12-30 | $0.42 | quarterly | 2020-01-15 |
2019-09-27 | $0.42 | quarterly | 2019-10-15 |
2019-06-27 | $0.37 | quarterly | 2019-07-15 |
2019-03-28 | $0.37 | quarterly | 2019-04-15 |
2018-12-28 | $0.37 | quarterly | 2019-01-15 |
2018-09-27 | $0.37 | quarterly | 2018-10-15 |
2018-06-28 | $0.30 | quarterly | 2018-07-16 |
2018-03-28 | $0.30 | quarterly | 2018-04-16 |
2017-12-28 | $0.30 | quarterly | 2018-01-16 |
2017-09-28 | $0.30 | quarterly | 2017-10-16 |
2017-06-28 | $0.28 | quarterly | 2017-07-17 |
2017-03-29 | $0.28 | quarterly | 2017-04-17 |
2016-12-28 | $0.28 | quarterly | 2017-01-17 |
2016-09-28 | $0.28 | quarterly | 2016-10-17 |
2016-06-28 | $0.26 | quarterly | 2016-07-15 |
2016-03-29 | $0.26 | quarterly | 2016-04-15 |
2015-12-29 | $0.26 | quarterly | 2016-01-15 |
2015-09-28 | $0.26 | quarterly | 2015-10-15 |
2015-06-26 | $0.26 | quarterly | 2015-07-15 |
2015-03-27 | $0.24 | quarterly | 2015-04-15 |
2014-12-29 | $0.24 | quarterly | 2015-01-15 |
2014-09-26 | $0.24 | quarterly | 2014-10-15 |
2014-06-26 | $0.24 | quarterly | 2014-07-15 |
2014-03-27 | $0.23 | quarterly | 2014-04-15 |
2013-12-27 | $0.23 | quarterly | 2014-01-15 |
2013-09-26 | $0.23 | quarterly | 2013-10-15 |
2013-06-26 | $0.23 | quarterly | 2013-07-15 |
2013-03-26 | $0.20 | quarterly | 2013-04-15 |
U.S. Bancorp Dividend per year
U.S. Bancorp Dividend growth
U.S. Bancorp Dividend Yield
U.S. Bancorp current trailing twelve-month (TTM) dividend yield is 3.67%. Interested in purchasing U.S. Bancorp stock? Use our calculator to estimate your expected dividend yield:
U.S. Bancorp Financial Ratios
U.S. Bancorp Dividend FAQ
Other factors to consider when evaluating U.S. Bancorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: U.S. Bancorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, U.S. Bancorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, U.S. Bancorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from U.S. Bancorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: U.S. Bancorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, U.S. Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: U.S. Bancorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of U.S. Bancorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review U.S. Bancorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.