U.S. Bancorp Announces Quarterly Dividends

Rhea-AI Summary

U.S. Bancorp (NYSE: USB) has announced its quarterly dividend distributions. The company declared a regular quarterly dividend of $0.50 per common share, equivalent to an annual dividend of $2.00 per share, payable April 15, 2025, to stockholders of record as of March 31, 2025.

Additionally, the bank declared dividends on various series of preferred stock, including:

• Series A: $1,395.898 per share ($13.958980 per depositary share)
• Series B: $322.724 per share ($0.322724 per depositary share)
• Series J: $662.500 per share ($26.500000 per depositary share) semi-annually
• Series K through O: Various quarterly dividends ranging from $231.250 to $343.750 per share

Positive

• Maintains consistent quarterly dividend of $0.50 per common share
• Demonstrates financial stability through regular preferred stock dividend payments

Negative

• None.

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.50 per common share, payable April 15, 2025, to stockholders of record at the close of business on March 31, 2025. At this quarterly dividend rate, the annual dividend is equivalent to $2.00 per common share.

The Board of Directors also declared the following:

• A regular quarterly dividend of $1,395.898 per share (equivalent to $13.958980 per depositary share) on the Series A Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable April 15, 2025, to stockholders of record at the close of business on March 31, 2025.
• A regular quarterly dividend of $322.724 per share (equivalent to $0.322724 per depositary share) on the Series B Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable April 15, 2025, to stockholders of record at the close of business on March 31, 2025.
• A regular semi-annual dividend of $662.500 per share (equivalent to $26.500000 per depositary share) on the Series J Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable April 15, 2025, to stockholders of record at the close of business on March 31, 2025.
• 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, 2025, to stockholders of record at the close of business on March 31, 2025.
• 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, 2025, to stockholders of record at the close of business on March 31, 2025.
• 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, 2025, to stockholders of record at the close of business on March 31, 2025.
• 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, 2025, to stockholders of record at the close of business on March 31, 2025.
• A regular quarterly dividend of $281.250 per share (equivalent to $0.281250 per depositary share) on the Series O Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable April 15, 2025, to stockholders of record at the close of business on March 31, 2025.

About U.S. Bancorp
U.S. Bancorp, with more than 70,000 employees and $678 billion in assets as of December 31, 2024, is the parent company of U.S. Bank National Association. Headquartered in Minneapolis, the company serves millions of customers locally, nationally and globally through a diversified mix of businesses including consumer banking, business banking, commercial banking, institutional banking, payments and wealth management. U.S. Bancorp has been recognized for its approach to digital innovation, community partnerships and customer service, including being named one of the 2024 World’s Most Ethical Companies and one of Fortune’s most admired superregional banks. Learn more at usbank.com/about.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250311993427/en/

Investor contact: George Andersen, Director of Investor Relations, U.S. Bancorp Investor Relations

george.andersen@usbank.com

Media contact: Jeff Shelman, U.S. Bancorp Public Affairs and Communications

jeffrey.shelman@usbank.com

Source: U.S. Bancorp

FAQ

What is U.S. Bancorp's (USB) quarterly dividend per common share for April 2025?

U.S. Bancorp's quarterly dividend is $0.50 per common share, payable April 15, 2025.

What is the annual dividend equivalent for USB common shareholders?

At the current quarterly rate, USB's annual dividend equivalent is $2.00 per common share.

When is the record date for USB's April 2025 dividend payment?

The record date is March 31, 2025, for both common and preferred stockholders.

What is the highest preferred stock dividend rate among USB's series?

Series A has the highest dividend at $1,395.898 per share ($13.958980 per depositary share).

How often is USB's Series J preferred stock dividend paid?

Series J preferred stock dividend is paid semi-annually, unlike other series which are paid quarterly.