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USB Us Bancorp dividend history, payout ratio & dates

Us Bancorp's most recent quarterly dividend of $0.49 per share was on Mar 27, 2024 (ex-date). The annualized payout of $1.94 per share represents a current dividend yield of 4.68%.

Key dates

  • USB last dividend date: Mar 27, 2024
  • USB next dividend date: Not announced
USB dividend stats
DPS
$1.94
Dividend yield
4.68%
Payout ratio
64.5%
vs. Financial Services sector
Dividend yield
3.3%
Payout ratio
40.8%

Dividend yield

What is Us Bancorp current dividend yield

USB has a dividend yield of 4.68% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 3.3%, Us Bancorp's dividend yield is 42% higher. The historical 5-year average of USB's dividend yield is 4.0%, which is lower than the current one.

Dividend history

What is USB dividend payout history and dates

Us Bancorp has a history of paying dividends since 1994. Our records of USB show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 2.1% for the last year. But since the stock price has gone up by 36% from a year ago, the dividend yield has decreased by 25%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Mar 27, 2024 Apr 15, 2024 Mar 12, 2024 $0.49 normal
Dec 28, 2023 Jan 16, 2024 Dec 12, 2023 $0.49 normal
Sep 28, 2023 Oct 16, 2023 Sep 12, 2023 $0.48 normal
Jun 29, 2023 Jul 17, 2023 Jun 13, 2023 $0.48 normal
Mar 30, 2023 Apr 17, 2023 Mar 14, 2023 $0.48 normal
Dec 29, 2022 Jan 17, 2023 Dec 13, 2022 $0.48 normal
Sep 29, 2022 Oct 17, 2022 Sep 13, 2022 $0.48 normal
Jun 29, 2022 Jul 15, 2022 Jun 14, 2022 $0.46 normal
Mar 30, 2022 Apr 15, 2022 Mar 15, 2022 $0.46 normal
Dec 30, 2021 Jan 18, 2022 Dec 21, 2021 $0.46 normal
Sep 29, 2021 Oct 15, 2021 Sep 14, 2021 $0.46 normal
Jun 29, 2021 Jul 15, 2021 Jun 15, 2021 $0.42 normal
Mar 30, 2021 Apr 15, 2021 Mar 16, 2021 $0.42 normal
Dec 30, 2020 Jan 15, 2021 Dec 8, 2020 $0.42 normal
Sep 29, 2020 Oct 15, 2020 Sep 15, 2020 $0.42 normal
Jun 29, 2020 Jul 15, 2020 Jun 16, 2020 $0.42 normal
Mar 30, 2020 Apr 15, 2020 Mar 17, 2020 $0.42 normal
Dec 30, 2019 Jan 15, 2020 Dec 17, 2019 $0.42 normal
Sep 27, 2019 Oct 15, 2019 Sep 17, 2019 $0.42 normal
Jun 27, 2019 Jul 15, 2019 Jun 18, 2019 $0.37 normal
Mar 28, 2019 Apr 15, 2019 Mar 19, 2019 $0.37 normal
Dec 28, 2018 Jan 15, 2019 Dec 18, 2018 $0.37 normal
Sep 27, 2018 Oct 15, 2018 Sep 18, 2018 $0.37 normal
Jun 28, 2018 Jul 16, 2018 Jun 19, 2018 $0.3 normal
Mar 28, 2018 Apr 16, 2018 Mar 19, 2018 $0.3 normal
Dec 28, 2017 Jan 16, 2018 Dec 19, 2017 $0.3 normal
Sep 28, 2017 Oct 16, 2017 $0.3 normal
Jun 28, 2017 Jul 17, 2017 Jun 20, 2017 $0.28 normal
Mar 29, 2017 Apr 17, 2017 Mar 21, 2017 $0.28 normal
Dec 28, 2016 Jan 17, 2017 Dec 19, 2016 $0.28 normal
Sep 28, 2016 Oct 17, 2016 Sep 19, 2016 $0.28 normal
Jun 28, 2016 Jul 15, 2016 Jun 15, 2016 $0.255 normal
Mar 29, 2016 Apr 15, 2016 Mar 15, 2016 $0.255 normal
Dec 29, 2015 Jan 15, 2016 Dec 15, 2015 $0.255 normal
Sep 28, 2015 Oct 15, 2015 Sep 15, 2015 $0.255 normal

Us Bancorp dividend payout ratio

What is Us Bancorp dividend payout ratio compared to the sector

Payout ratio

USB has a payout ratio of 64.5% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 40.8%, Us Bancorp's payout ratio is 58% higher.

Total amount of dividends paid per financial year (from cash flow)

USB dividend vs peer dividends

How does USB dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
USB Us Bancorp 4.68% $1.94 64.5%
C Citigroup Inc 3.31% $2.12 61.4%
GSBC Great Southern Bancorp Inc 3.01% $1.6 31.3%
NBHC National Bank Holdings Corp 2.87% $1.06 30.3%
BAC Bank Of America Corp 2.39% $0.94 32.2%
WFC Wells Fargo & Company 2.29% $1.4 28.9%

Frequently asked questions

Does Us Bancorp pay a dividend?

Yes, Us Bancorp has been paying dividends for the last 30 years.

When is Us Bancorp's next dividend?

Currently USB's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in June 2024.

When was USB's last dividend?

Us Bancorp's last dividend ex-date was on Mar 27, 2024. The dividend amount was $0.49 per share.

How much dividend does Us Bancorp pay (per share)?

On an annual basis USB pays $1.94 per share.

What is Us Bancorp's dividend yield?

Currently Us Bancorp's dividend yield is 4.68%.

How often does Us Bancorp pay dividends?

Us Bancorp has a quarterly dividend frequency.

What is Us Bancorp's dividend payout ratio?

Us Bancorp's dividend payout ratio is 64.5%.

Does Us Bancorp pay a good dividend?

Us Bancorp's dividend yield is higher than the Financial Services sector average.