US Bancorp As of September 23, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
USB $1.92 4.3% 9.5% 0.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Financial Services 4.5% N/A N/A Quarter N/A
U.S. Bancorp logo | image credit: company website
U.S. Bancorp logo | image credit: company website

On September 13, 2022, U.S. Bancorp (USB) announced that it will raise its quarterly dividend by 4.3% to $0.48 per share. This follows a dividend hike of 9.5 percent to 46 cents per share in 2021 and marks 12 consecutive years of dividend growth by USB. Last year USB hiked its dividend by 9.5%.

The increased U.S. Bancorp dividend is payable October 17, 2022, to stockholders of record at the close of business on September 30, 2022. At this quarterly dividend rate, the annual dividend is equivalent to $1.92 per common share, yielding 4.2% at a stock price of $45.18. The next ex-dividend date for USB stock is September 29, 2022.

U.S. Bancorp (USB) Dividend history & growth statistics
Company name U.S. Bancorp
Ticker symbol USB
ISIN-code US9029733048
company website https://www.usbank.com/
Sector Financials
Business Financial Services
Dividend paid since N/A
Track record (years increased) 12
Payment Frequency Quarterly dividend
Dividend growth: 5 year average 9.9%
Next dividend per share $0.48
Annual dividend per share $1.92
Dividend yield* 4.2%
Stock price* $45.18
YTD Total Return* -18.1%
Next ex-dividend date September 29, 2022
Next payment date October 17, 2022
Market cap (in $B)* 67.13
Total dividend (in $B) 2.85
© www.dividendhike.com *As of September 14, 2022

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
Sep 30 PKG 4.4% 0.0%
Sep 30 O 4.8% 0.6%
Sep 30 STT 4.0% 10.5%
Sep 30 RJF 1.3% 0.0%
Sep 30 CAH 3.0% 1.0%
Sep 30 VTR 4.1% 0.0%
Sep 30 APD 2.8% 8.0%
Sep 30 RSG 1.3% 0.0%
Oct 03 A 0.7% 0.0%
Oct 03 DG 0.9% 31.0%