Us Bancorp's most recent quarterly dividend of $0.48 per share was on Sep 28, 2023 (ex-date). The annualized payout of $1.92 per share represents a current dividend yield of 4.88%.
USB has a dividend yield of 4.88% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 3.39%, Us Bancorp's dividend yield is 44% higher. The historical 5-year average of USB's dividend yield is 3.8%, which is lower than the current one.
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 3.2% for the last year. And since the stock price has gone down by 13% from a year ago, the dividend yield has increased by 19%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 |
USB has a payout ratio of 57.3% 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 36.5%, Us Bancorp's payout ratio is 57% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| USB Us Bancorp | 4.88% | $1.92 | 57.3% |
| C Citigroup Inc | 4.4% | $2.08 | 32.7% |
| NBHC National Bank Holdings Corp | 3.02% | $1.04 | 31.6% |
| GSBC Great Southern Bancorp Inc | 2.99% | $1.6 | 25.1% |
| BAC Bank Of America Corp | 2.97% | $0.92 | 25.6% |
| WFC Wells Fargo & Company | 2.89% | $1.3 | 27.8% |
Yes, Us Bancorp has been paying dividends for the last 29 years.
Currently USB's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in December 2023.
Us Bancorp's last dividend ex-date was on Sep 28, 2023. The dividend amount was $0.48 per share.
On an annual basis USB pays $1.92 per share.
Currently Us Bancorp's dividend yield is 4.88%.
Us Bancorp has a quarterly dividend frequency.
Us Bancorp's dividend payout ratio is 57.3%.
Us Bancorp's dividend yield is higher than the Financial Services sector average.