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U.S. Bancorp Announces Quarterly Dividends

December 17, 2019 GMT

MINNEAPOLIS--(BUSINESS WIRE)--Dec 17, 2019--

The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.42 per common share, payable January 15, 2020, to stockholders of record at the close of business on December 31, 2019. At this quarterly dividend rate, the annual dividend is equivalent to $1.68 per common share.

The Board of Directors also declared the following:

Minneapolis-based U.S. Bancorp (NYSE: USB), with 74,000 employees and $488 billion in assets as of September 30, 2019, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with mobile and online tools that allow customers to bank how, when and where they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world as a trusted financial partner, a commitment recognized by the Ethisphere Institute naming the bank a 2019 World’s Most Ethical Company. Visit U.S. Bank at www.usbank.com or follow on social media to stay up to date with company news.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191217005011/en/

CONTACT: Jennifer Thompson, U.S. Bancorp Investor Relations – 612.303.0778;jen.thompson@usbank.com

Rebekah Fawcett, U.S. Bancorp Public Affairs and Communications – 612.303.9986;rebekah.fawcett@usbank.comTwitter @usbank_news

KEYWORD: UNITED STATES NORTH AMERICA MINNESOTA

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES

SOURCE: U.S. Bancorp

Copyright Business Wire 2019.

PUB: 12/17/2019 11:00 AM/DISC: 12/17/2019 11:00 AM

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