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.
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