U.S. Bancorp Increases Dividend by 3.8% to $0.54 Per Share
U.S. Bancorp (NYSE:USB) has increased its quarterly dividend by 3.8%, raising it from $0.52 per share to $0.54, resulting in an annualized payout of $2.16 at a forward yield of approximately 3.4%. The increase continues the bank's long-standing pattern of steady but measured growth in dividends, with increases recorded over three consecutive years and 15 straight years overall. The dividend remains sustainable given U.S. Bancorp’s earnings performance and capital position. In 2025, the company reported diluted EPS of $4.62 while paying out about $2.04 per share in dividends, translating to a payout ratio between 37% and 44%. The bank also generated strong operating cash flow ($7.97 billion) and received significant dividends from its subsidiary ($6.25 billion), supporting continued shareholder returns. U.S. Bancorp’s capital position is robust as well, with a CET1 ratio of 10.8% as of March 31, 2026—well above the required minimum of 7.1%. This provides ample room for future growth and supports confidence in continued dividend increases.
Tickers: $USB
Topics: dividends shareholder returns U.S. Bancorp