US Bancorp Keeping Dividend Steady

Financial institution US Bancorp will keep its quarterly dividend steady at $0.23 per share of common stock.

The company has paid this amount to investors since July 2013, after a 17.9% increase from $0.195 per share. US Bancorp's most recent quarterly dividend will be payable on Oct. 15 to stockholders of record as of Sept. 30.

The company's dividend payout adds to $0.92 on an annual basis. US Bancorp's stock was trading at $37.51 as of the stock market's close on Sept. 16. This means the company currently has a 2.4% dividend yield.


USB Dividend Chart

USB Dividend data by YCharts

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The article US Bancorp Keeping Dividend Steady originally appeared on Fool.com.

Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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