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U.S. Bancorp Rewards Shareholders With 4% Dividend Hike, Shares Up
ZACKSยท2025-09-10 18:51

Core Viewpoint - U.S. Bancorp (USB) announced a quarterly cash dividend increase of 4% to 52 cents per share, leading to a nearly 1.5% rise in its stock price during the trading session [1][8]. Dividend Information - The new dividend will be payable on October 15, 2025, to shareholders of record as of September 30, 2025, resulting in an annualized dividend of $2.08 per share [1][8]. - U.S. Bancorp has a five-year annualized dividend growth rate of 4.01%, having increased its dividend five times over the past five years [2]. - The dividend yield stands at 4.05%, which is above the industry average of 3.35%, based on a closing price of $49.37 [2]. Capital Distribution Activities - U.S. Bancorp has a $5 billion share repurchase plan authorized in September 2024, with nearly $4.8 billion worth of shares available under the plan as of June 30, 2025 [5][8]. - The company maintains a strong liquidity profile, with total cash and due from banks amounting to $57.8 billion as of June 30, 2025 [5]. Price Performance - Over the past six months, U.S. Bancorp's shares have increased by 18.7%, compared to the industry's growth of 19.8% [7].