U.S. Bancorp Announces Quarterly Dividends

MINNEAPOLIS--()--The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a quarterly dividend of $0.245 per common share payable April 15, 2015 to stockholders of record at the close of business on March 31, 2015. At this quarterly dividend rate, the annual dividend is equivalent to $0.98 per common share.

The Board of Directors has also declared the following:

  • A regular quarterly dividend of $875.000 per share (equivalent to $8.75000 per depositary share) on U.S. Bancorp’s Series A Non-Cumulative Perpetual Preferred Stock, payable April 15, 2015, to stockholders of record at the close of business on March 31, 2015.
  • 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, 2015, to stockholders of record at the close of business on March 31, 2015.
  • 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, 2015, to stockholders of record at the close of business on March 31, 2015.
  • 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, 2015, to stockholders of record at the close of business on March 31, 2015.
  • 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, 2015, to stockholders of record at the close of business on March 31, 2015.

Minneapolis-based U.S. Bancorp (NYSE:USB), with $403 billion in assets as of Dec. 31, 2014, is the parent company of U.S. Bank National Association, the fifth largest commercial bank in the United States. The company operates 3,176 banking offices in 25 states and 5,022 ATMs and provides a comprehensive line of banking, 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
Sean O’Connor, 612-303-0778
Investor Relations
or
Dana Ripley, 612-303-3167
Corporate Communications

Contacts

U.S. Bancorp
Sean O’Connor, 612-303-0778
Investor Relations
or
Dana Ripley, 612-303-3167
Corporate Communications