October 30, 2020

webasies

The best in business

U.S. Lender announces quarterly dividends | Business & Finance

2 min read
MINNEAPOLIS–(BUSINESS WIRE)–Sep 15, 2020– The Board of Administrators of U.S. Bancorp (NYSE: USB) has declared...

MINNEAPOLIS–(BUSINESS WIRE)–Sep 15, 2020–

The Board of Administrators of U.S. Bancorp (NYSE: USB) has declared a normal quarterly dividend of $.42 per prevalent share, payable October 15, 2020, to stockholders of history at the shut of business on September 30, 2020. At this quarterly dividend level, the annual dividend is equivalent to $1.68 for each frequent share.

The Board of Directors also declared the adhering to:

  • A normal quarterly dividend of $894.444 for every share (equivalent to $8.94444 for every depositary share) on the Sequence A Non-Cumulative Perpetual Most popular Inventory of U.S. Bancorp, payable October 15, 2020, to stockholders of history at the close of business on September 30, 2020.
  • A frequent quarterly dividend of $223.61 for each share (equivalent to $.22361 per depositary share) on the Collection B Non-Cumulative Perpetual Desired Inventory of U.S. Bancorp, payable October 15, 2020, to stockholders of document at the close of business on September 30, 2020.
  • A typical quarterly dividend of $406.25 per share (equivalent to $.40625 for each depositary share) on the Collection F Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable October 15, 2020, to stockholders of history at the shut of business on September 30, 2020.
  • A normal quarterly dividend of $321.88 per share (equal to $.32188 for every depositary share) on the Sequence H Non-Cumulative Perpetual Chosen Stock of U.S. Bancorp, payable October 15, 2020, to stockholders of history at the shut of business on September 30, 2020.
  • A regular quarterly dividend of $343.75 per share (equal to $.34375 per depositary share) on the Series K Non-Cumulative Perpetual Most well-liked Inventory of U.S. Bancorp, payable Oct 15, 2020, to stockholders of file at the shut of business on September 30, 2020.
  • A typical semi-yearly dividend of $662.50 for each share (equal to $26.50 for each depositary share) on the Sequence J Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable October 15, 2020, to stockholders of file at the near of business on September 30, 2020.

U.S. Bancorp, with a lot more than 70,000 personnel and $547 billion in assets as of June 30, 2020, is the mother or father business of U.S. Financial institution Nationwide Association, the fifth-most significant commercial lender in the United States. The Minneapolis-based bank blends its marriage teams, branches and ATM network with cell and on line applications that permit clients to financial institution how, when and wherever they like. U.S. Bank is committed to serving its thousands and thousands of retail, business, wealth administration, payment, industrial and company, and expenditure companies consumers across the nation and around the planet as a reliable economical companion, a commitment regarded by the Ethisphere Institute naming the bank one particular of the 2020 World’s Most Moral Organizations. Pay a visit to U.S. Lender at www.usbank.com or abide by on social media to remain up to date with corporation information.

Get hold of: Investor get in touch with: Jennifer Thompson, U.S. Bancorp Trader Relations

[email protected], 612.303.0778, @usbank—newsMedia speak to: Jeff Shelman, U.S. Bancorp General public Affairs and Communications

Search term: MINNESOTA UNITED STATES NORTH America

Market Key word: BANKING Expert Services FINANCE

Copyright Business Wire 2020.

PUB: 09/15/2020 05:00 PM/DISC: 09/15/2020 05:00 PM

Copyright Business Wire 2020.

webasies.com © All rights reserved. | Newsphere by AF themes.