U.S. Bancorp Announces Quarterly Dividends

MINNEAPOLIS--()--The Board of Directors of U.S. Bancorp (NYSE:USB) has declared a quarterly dividend of $0.23 per common share, payable April 15, 2014, to shareholders of record at the close of business on March 31, 2014. At this quarterly dividend rate, the annual dividend is equivalent to $0.92 per common share.

The Board of Directors has also declared the following:

  • A regular quarterly dividend of $875.00 per share (equivalent to $8.7500 per depositary share) on U.S. Bancorp's Series A Non-Cumulative Perpetual Preferred Stock, payable April 15, 2014, to shareholders of record at the close of business on March 31, 2014.
  • A regular quarterly dividend of $218.75 per share (equivalent to $0.21875 per depositary share) on U.S. Bancorp's Series B Non-Cumulative Perpetual Preferred Stock, payable April 15, 2014, to shareholders of record at the close of business on March 31, 2014.
  • 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 April 15, 2014, to shareholders of record at the close of business on March 31, 2014.
  • 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 April 15, 2014, to shareholders of record at the close of business on March 31, 2014.
  • 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 April 15, 2014, to shareholders of record at the close of business on March 31, 2014.

U.S. Bancorp (NYSE: USB), with $364 billion in assets as of Dec. 31, 2013, is the parent company of U.S. Bank National Association, the 5th largest commercial bank in the United States. The company operates 3,081 banking offices in 25 states and 4,906 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at www.usbank.com.

Contacts

U.S. Bancorp
Thomas Joyce, 612-303-3167
Public Relations
or
Sean O'Connor, 612-303-0778
Investor Relations

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Contacts

U.S. Bancorp
Thomas Joyce, 612-303-3167
Public Relations
or
Sean O'Connor, 612-303-0778
Investor Relations