U.S. Bancorp (NYSE: USB) declared a quarterly dividend of $0.54 per share, or $2.16 annualized. This is a 3.8% increase from the prior dividend of $0.52.

The dividend will be payable on October 15, 2026, to stockholders of record on September 30, 2026, with an ex-dividend date of September 29, 2026.

The annual yield on the dividend is 3.5 percent.

The Board of Directors also declared the following:

A regular quarterly dividend of $1,286.602 per share (equivalent to $12.866020 per depositary share) on the Series A Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable October 15, 2026, to stockholders of record at the close of business on September 30, 2026.
A regular quarterly dividend of $294.817 per share (equivalent to $0.294817 per depositary share) on the Series B Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable October 15, 2026, to stockholders of record at the close of business on September 30, 2026.
A regular semi-annual dividend of $662.500 per share (equivalent to $26.500000 per depositary share) on the Series J Non-Cumulative Perpetual Preferred Stock of U.S. Bancorp, payable October 15, 2026, to stockholders of record at the close of business on September 30, 2026.
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 October 15, 2026, to stockholders of record at the close of business on September 30, 2026.
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 October 15, 2026, to stockholders of record at the close of business on September 30, 2026.
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 October 15, 2026, to stockholders of record at the close of business on September 30, 2026.
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 October 15, 2026, to stockholders of record at the close of business on September 30, 2026.
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 October 15, 2026, to stockholders of record at the close of business on September 30, 2026.

For a dividend history and other dividend-related data on U.S. Bancorp (USB) click here.