US Bancorp As of October 18, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
USB $1.84 9.5% 0.0% 13.5%
Business yield Hike yrs 5 yr CAGR freq. paid since
Financial Services 3.0% 11 10.4% Quarter N/A
U.S. Bancorp hikes dividend by 9.5%

U.S. Bancorp (USB) will raise its quarterly dividend by 9.5 percent to 46 cents per share in 2021. This dividend hike was already announced earlier following stress test results. The company has now officially declared the dividend. USB last hiked its dividend in 2019 when a 13.5 percent dividend increase was announced.

The increased U.S. Bancorp dividend is payable October 15, 2021, to stockholders of record at the close of business on September 30, 2021. At this quarterly dividend rate, the annual dividend is equivalent to $1.84 per common share, yielding 3.2% at a stock price of $57.80. The next ex-dividend date for USB stock is September 29, 2021.

U.S. Bancorp is a multi-state financial services holding company. The company provides a full range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. It also engages in credit card services, merchant and automated teller machine (ATM) processing, mortgage banking, insurance, brokerage and leasing.  The USB non-banking subsidiaries offer investment and insurance products to customers principally within its domestic markets, and fund administration services to a range of mutual and other funds.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Oct 28 AOS 1.7% 7.7%
Oct 28 ZTS 0.5% 0.0%
Oct 28 COST 0.7% 12.9%
Oct 28 CARR 0.9% 0.0%
Oct 28 UNM 4.4% 5.3%
Oct 28 INFO 0.6% 17.6%
Oct 28 MS 2.8% 100.0%
Oct 28 NI 3.6% 4.8%
Oct 29 TXN 2.4% 12.7%
Oct 29 NRG 3.2% 8.3%