U.S. Bancorp announced that its board of directors approved a 3.8% increase in the quarterly common‑stock dividend, bringing the per‑share amount to $0.54. The new quarterly rate translates to an annualized dividend of $2.16 per share. The dividend will be paid on October 15, 2026 to shareholders of record as of the close of business on September 30, 2026.
In addition to the common‑stock increase, the bank declared dividends on several series of preferred stock. Series A non‑cumulative perpetual preferred stock will pay $1,286.602 per share ($12.866020 per depositary share). Series B preferred stock will pay $294.817 per share ($0.294817 per depositary share). Series J non‑cumulative perpetual preferred stock will pay a semi‑annual dividend of $662.500 per share ($26.500000 per depositary share). Series K, L, M, N and O preferred stocks will pay $343.750, $234.375, $250.000, $231.250 and $281.250 per share, respectively, with the same payment and record dates as the common stock.
U.S. Bancorp serves approximately 15 million clients globally and employs about 70,000 people. The announcement was published on September 8, 2026 at 06:04 PM.
