U.S. Bancorp Declares New Dividend; Yield Is 4.5%

U.S. Bancorp Declares New Dividend; Yield Is 4.5%

As for the common shares held by most of its investors, the bank's board of directors has declared a fresh quarterly payout of $0.42 per share. At U.S. Bancorp's most recent closing stock price, it would yield 4.5%. U.S. Bancorp is keeping its dividend steady despite the current economic environment, which is not conducive to banks.