US Bancorp Keeping Dividend Steady

By Caroline Bennett – Sep 17, 2013 at 3:32PM

NYSE: USB

U.S. Bancorp

Market Cap

$63B

Today's Change

(2.56%) $1.01

Current Price

$40.45

Price as of April 19, 2024, 4:00 p.m. ET

Company will pay $0.23 per share on Oct. 15.

Financial institution US Bancorp (USB 2.56%) 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 data by YCharts

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Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 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.