US Bancorp Deposit Shs Repr Non-Cum Perpetual Pfd Shs Series B Announces $0.3937 Dividend
US Bancorp Series B Dividend Announcement
US Bancorp's Series B preferred stock (USB.PR.H) has declared a quarterly dividend of $0.3937 per share, showcasing the company's commitment to providing value to shareholders. This translates to a forward yield of 7.2%, indicating a strong performance in the current financial climate.
Details of the Dividend
The dividend will be payable on October 1. This announcement not only highlights US Bancorp's financial stability but also reassures investors about the ongoing profitability of its preferred shares.
- Dividend Amount: $0.3937
- Yield: 7.2%
- Payable Date: October 1
Investor Implications
For investors holding US Bancorp Series B, this announcement is a positive signal about the company's operational strength and commitment to shareholder returns.
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