Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  U.S. Bancorp    USB

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

US BANCORP : U.S. Bancorp Announces Quarterly Dividends

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/14/2010 | 07:10pm CEST

The board of directors of U.S. Bancorp (NYSE: USB) has declared a quarterly dividend of $0.05 per common share, payable January 18, 2011, to shareholders of record at the close of business on December 31, 2010. At this quarterly dividend rate, the annual dividend is equivalent to $0.20 per common share.

U.S. Bancorp Chairman, President and Chief Executive Officer, Richard K. Davis said, ?Raising the dividend is a top priority for our Company's board of directors and senior management. On November 17th, the Federal Reserve issued guidelines by which they will evaluate proposals by large bank holding companies to take capital actions, including dividend increases. As a result, our Company will submit a Comprehensive Capital Plan to the regulators in early January. We look forward to the results of this regulatory review and believe that our Company's strong capital position and ability to generate new capital through earnings will allow us to raise our dividend in 2011.?

The board of directors has also declared a regular quarterly dividend of $223.61 per share (equivalent to $0.22361 per depositary share) on U.S. Bancorp's Series B Non-Cumulative Perpetual Preferred Stock, payable January 18, 2011, to stockholders of record at the close of business on December 31, 2010.

Additionally, the board of directors declared a regular quarterly dividend of $503.13 per share (equivalent to $0.50313 per depositary share) on U.S. Bancorp's Series D Non-Cumulative Perpetual Preferred Stock, payable January 18, 2011, to stockholders of record at the close of business on December 31, 2010.

U.S. Bancorp, with $291 billion in assets as of September 30, 2010, is the parent company of U.S. Bank, the fifth largest commercial bank in the United States. The company operates 3,013 banking offices in 24 states and 5,323 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at usbank.com.

U.S. Bancorp
Steve Dale (Media), 612-303-0784
Judith T. Murphy (Analysts), 612-303-0783


© Business Wire 2010
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on U.S. BANCORP
04/28DJU S BANCORP : Bankers Cash Out on Trump Rally -- WSJ
04/27 U.S. BANCORP (NYSE : USB) Files An 8-K Other Events
04/27 US BANCORP DE : Other Events, Financial Statements and Exhibits (form 8-K)
04/27DJU S BANCORP : Bankers Use Trump Rally to Cash Out -- Update
04/27DJU S BANCORP : Bankers Use Trump Rally to Cash Out
04/26 U.S. BANK : Promotes Kate Quinn to Chief Administrative Officer; Kent Stone to R..
04/24 U S BANCORP : New Book Explores Strategies to Help Wealthy Families Maintain The..
04/24 AMADEUS : and U.S. Bank partner to deliver virtual payments technology to U.S. t..
04/21 U.S. BANCORP (NYSE : USB) Files An 8-K Other Events
04/21 US BANCORP DE : Other Events, Financial Statements and Exhibits (form 8-K)
More news
Sector news : Banks - NEC
12:05a SHAW COMMUNICATIONS EXPLORES SELLING : sources
04/28DJCREDIT SUISSE : Shareholders Approve Bonus Packages
04/28 FTSE in biggest one-month fall since November
04/28 Strongest week since December for European shares as investors pile in
04/28 CREDIT SUISSE : bosses grilled over bonuses after 2016 losses
More sector news : Banks - NEC
News from SeekingAlpha
04/27 The Newest ETF May Be The Best Yet
04/22 Maximum Drawdowns Of Dividend Aristocrats
04/20 WALL STREET BREAKFAST : Is Crude In A Mood?
04/20 U.S. BANCORP EARNINGS REVIEW : Exceptional, Not Typical
04/19 U.S. Bancorp's (USB) CEO Andy Cecere on Q1 2017 Results - Earnings Call Trans..
Advertisement
Financials ($)
Sales 2017 22 100 M
EBIT 2017 9 587 M
Net income 2017 5 854 M
Debt 2017 -
Yield 2017 2,29%
P/E ratio 2017 14,74
P/E ratio 2018 13,29
Capi. / Sales 2017 3,93x
Capi. / Sales 2018 3,72x
Capitalization 86 829 M
More Financials
Chart U.S. BANCORP
Duration : Period :
U.S. Bancorp Technical Analysis Chart | USB | US9029733048 | 4-Traders
Full-screen chart
Technical analysis trends U.S. BANCORP
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 31
Average target price 54,5 $
Spread / Average Target 6,2%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Andrew J. Cecere President, Chief Executive Officer & Director
Richard K. Davis Executive Chairman
Terrance R. Dolan Chief Financial Officer & Vice Chairman
Jeffry H. von Gillern Vice Chairman-Technology & Operations
Arthur D. Collins Lead Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
U.S. BANCORP-0.18%86 829
JPMORGAN CHASE & CO.0.82%310 761
WELLS FARGO & CO-2.30%269 408
INDUSTRIAL AND COMMRCL..10.66%247 676
BANK OF AMERICA CORP5.61%233 679
CHINA CONSTRUCTION BAN..9.56%203 772
More Results