The Board of Directors of U.S. Bancorp has declared a regular quarterly dividend of $0.49 per common share

The FINANCIAL — The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.49 per common share, payable July 15, 2024, to stockholders of record at the close of business on June 28, 2024. At this quarterly dividend rate, the annual dividend is equivalent to $1.96 per common share.

The Board of Directors also declared the following:

A regular quarterly dividend of $1,670.904 per share (equivalent to $16.709040 per depositary share) on the Series A Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable July 15, 2024, to stockholders of record at the close of business on June 28, 2024.
A regular quarterly dividend of $391.184 per share (equivalent to $0.391184 per depositary share) on the Series B Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable July 15, 2024, to stockholders of record at the close of business on June 28, 2024.
A regular quarterly dividend of $343.750 per share (equivalent to $0.343750 per depositary share) on the Series K Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable July 15, 2024, to stockholders of record at the close of business on June 28, 2024.
A regular quarterly dividend of $234.375 per share (equivalent to $0.234375 per depositary share) on the Series L Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable July 15, 2024, to stockholders of record at the close of business on June 28, 2024.
A regular quarterly dividend of $250.000 per share (equivalent to $0.250000 per depositary share) on the Series M Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable July 15, 2024, to stockholders of record at the close of business on June 28, 2024.
A regular quarterly dividend of $231.250 per share (equivalent to $9.250000 per depositary share) on the Series N Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable July 15, 2024, to stockholders of record at the close of business on June 28, 2024.
A regular quarterly dividend of $281.250 per share (equivalent to $0.281250 per depositary share) on the Series O Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable July 15, 2024, to stockholders of record at the close of business on June 28, 2024