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U.S. Bancorp Raises Dividend to 46 Cents/Share

By Stephen Nakrosis

 

U.S. Bancorp on Tuesday said its board declared a quarterly dividend of 46 cents a share, up from the previous quarter's dividend of 42 cents.

The new dividend will be payable Oct. 15 to stockholders of record at the close of business Sept. 30, the company said.

The board also declared regular quarterly dividends on the company's Series A, Series B, Series F, Series K, Series L and Series M Non-Cumulative Perpetual Preferred Stock. The board also declared a semi-annual dividend on the company's Series J Non-Cumulative Perpetual Preferred Stock.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

September 14, 2021 18:01 ET (22:01 GMT)

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