U.S. Bancorp

NYSE : USB
USA·Financial Services·Banks
$58.73
+0.25 (+0.38%)Oct 16 close
Market Cap
$91.16B
Enterprise Value
$127.95B
P/E (TTM)
11.72
P/B
1.51
Net Cash / (Debt)
—
52-Week Range
$45 — $65
5-Year Range
$29 — $65
Avg Volume (3M)
8.42M
ListingsNYSEFRALTSMEX
Dividend Yield (TTM)
1.77%
vs 5Y avg 4.15% · 10Y avg 3.50%
Dividend Yield (Forward)
3.54%
4 payments/yr (spacing)
Dividends / Share (TTM)
$1.04
Forward (annualized): $2.08
Payout Ratio (EPS, TTM)
41.5%
Payout Ratio (FCF, TTM)
25.8%
Dividend CAGR (3Y / 5Y / 10Y)
3Y2.8%5Y4.0%10Y7.3%
Consecutive Growth Years
15
as of 2025
Years Without a Cut
16
as of 2025
Total Shareholder Yield (TTM)
4.13%
Div 3.48% + Net buyback 0.65%

Growth, streak and CAGR figures exclude special dividends.

Dividends per share

Cash dividends, split-adjusted · USD

Payout ratio

Dividends per share ÷ diluted EPS and ÷ free cash flow per share, by fiscal year.

Dividend yield

Trailing-twelve-month dividends ÷ month-end price.

Capital returns

Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.

Total Shareholder Yield (TTM)
4.1%
Dividends 3.5% + Net buybacks 0.6%
Net Buyback (TTM)
$658M
Gross $700M − Issuance $42M
SBC (TTM)
$0
Share-based compensation, dilution driver
Net share-count change % / yr

Annual dividend growth

Dividend growth is decelerating (3.0% latest vs 4.0% 3-yr avg).

YearDPS (regular sum, USD)ChangeHikes
20252.04+3.0%1
20241.98+2.6%1
20231.93+2.7%1
20221.88+6.8%1
20211.76+4.8%1
20201.68+6.3%0
20191.58+17.9%1
20181.34+15.5%1
20171.16+8.4%1
20161.07+5.9%1
20151.01+4.7%1
20140.965+9.0%1
20130.885+13.5%1
20120.78+56.0%1
20110.50+150.0%1

Special dividends are excluded from these figures. Based on 165 regular payments.

Payment history (165 payments)

As declaredΔ%TypeFrequencyDeclarationRecordPay date
2026-03-31$0.52–0.0%Cashquarterly2026-03-102026-03-312026-04-15
2025-12-31$0.52–0.0%Cashquarterly2025-12-092025-12-312026-01-15
2025-09-30$0.52–+4.0%Cashquarterly2025-09-092025-09-302025-10-15
2025-06-30$0.5–0.0%Cashquarterly2025-06-182025-06-302025-07-15
2025-03-31$0.5–0.0%Cashquarterly2025-03-112025-03-312025-04-15
2024-12-31$0.5–0.0%Cashquarterly2024-12-102024-12-312025-01-15
2024-09-30$0.5–+2.0%Cashquarterly2024-09-122024-09-302024-10-15
2024-06-28$0.49–0.0%Cashquarterly2024-06-182024-06-282024-07-15
2024-03-27$0.49–0.0%Cashquarterly2024-03-122024-03-292024-04-15
2023-12-28$0.49–+2.1%Cashquarterly2023-12-122023-12-292024-01-16
2023-09-28$0.48–0.0%Cashquarterly2023-09-122023-09-292023-10-16
2023-06-29$0.48–0.0%Cashquarterly2023-06-132023-06-302023-07-17
2023-03-30$0.48–0.0%Cashquarterly2023-03-142023-03-312023-04-17
2022-12-29$0.48–0.0%Cashquarterly2022-12-132022-12-302023-01-17
2022-09-29$0.48–+4.3%Cashquarterly2022-09-132022-09-302022-10-17
2022-06-29$0.46–0.0%Cashquarterly2022-06-142022-06-302022-07-15
2022-03-30$0.46–0.0%Cashquarterly2022-03-152022-03-312022-04-15
2021-12-30$0.46–0.0%Cashquarterly2021-12-212021-12-312022-01-18
2021-09-29$0.46–+9.5%Cashquarterly2021-09-142021-09-302021-10-15
2021-06-29$0.42–0.0%Cashquarterly2021-06-172021-06-302021-07-15
2021-03-30$0.42–0.0%Cashquarterly2021-03-182021-03-312021-04-15
2020-12-30$0.42–0.0%Cashquarterly2020-12-082020-12-312021-01-15
2020-09-29$0.42–0.0%Cashquarterly2020-09-152020-09-302020-10-15
2020-06-29$0.42–0.0%Cashquarterly2020-06-162020-06-302020-07-15
2020-03-30$0.42–0.0%Cashquarterly2020-03-172020-03-312020-04-15
2019-12-30$0.42–0.0%Cashquarterly2019-12-172019-12-312020-01-15
2019-09-27$0.42–+13.5%Cashquarterly2019-09-172019-09-302019-10-15
2019-06-27$0.37–0.0%Cashquarterly2019-06-182019-06-282019-07-15
2019-03-28$0.37–0.0%Cashquarterly2019-03-192019-03-292019-04-15
2018-12-28$0.37–0.0%Cashquarterly2018-12-182018-12-312019-01-15
2018-09-27$0.37–+23.3%Cashquarterly2018-09-182018-09-282018-10-15
2018-06-28$0.3–0.0%Cashquarterly2018-06-192018-06-292018-07-16
2018-03-28$0.3–0.0%Cashquarterly2018-03-192018-03-292018-04-16
2017-12-28$0.3–0.0%Cashquarterly2017-12-192017-12-292018-01-16
2017-09-28$0.3–+7.1%Cashquarterly2017-09-192017-09-292017-10-16
2017-06-28$0.28–0.0%Cashquarterly2017-06-202017-06-302017-07-17
2017-03-29$0.28–0.0%Cashquarterly2017-03-212017-03-312017-04-17
2016-12-28$0.28–0.0%Cashquarterly2016-12-192016-12-302017-01-17
2016-09-28$0.28–+9.8%Cashquarterly2016-09-192016-09-302016-10-17
2016-06-28$0.255–0.0%Cashquarterly2016-06-152016-06-302016-07-15
2016-03-29$0.255–0.0%Cashquarterly2016-03-152016-03-312016-04-15
2015-12-29$0.255–0.0%Cashquarterly2015-12-152015-12-312016-01-15
2015-09-28$0.255–0.0%Cashquarterly2015-09-152015-09-302015-10-15
2015-06-26$0.255–+4.1%Cashquarterly2015-06-152015-06-302015-07-15
2015-03-27$0.245–0.0%Cashquarterly2015-03-042015-03-312015-04-15
2014-12-29$0.245–0.0%Cashquarterly2014-12-092014-12-312015-01-15
2014-09-26$0.245–0.0%Cashquarterly2014-09-162014-09-302014-10-15
2014-06-26$0.245–+6.5%Cashquarterly2014-06-172014-06-302014-07-15
2014-03-27$0.23–0.0%Cashquarterly2014-03-122014-03-312014-04-15
2013-12-27$0.23–0.0%Cashquarterly2013-12-102013-12-312014-01-15
2013-09-26$0.23–0.0%Cashquarterly2013-09-172013-09-302013-10-15
2013-06-26$0.23–+17.9%Cashquarterly2013-06-182013-06-282013-07-15
2013-03-26$0.195–0.0%Cashquarterly2013-03-142013-03-282013-04-15
2012-12-27$0.195–0.0%Cashquarterly2012-12-112012-12-312013-01-15
2012-09-26$0.195–0.0%Cashquarterly2012-09-192012-09-282012-10-15
2012-06-27$0.195–0.0%Cashquarterly2012-06-202012-06-292012-07-16
2012-03-28$0.195–+56.0%Cashquarterly2012-03-142012-03-302012-04-16
2011-12-28$0.125–0.0%Cashquarterly2011-12-142011-12-302012-01-17
2011-09-28$0.125–0.0%Cashquarterly2011-09-212011-09-302011-10-17
2011-06-28$0.125–0.0%Cashquarterly2011-06-222011-06-302011-07-15
2011-03-29$0.125–+150.0%Cashquarterly2011-03-192011-03-312011-04-15
2010-12-29$0.05–0.0%Cashquarterly2010-12-152010-12-312011-01-18
2010-09-28$0.05–0.0%Cashquarterly2010-09-222010-09-302010-10-15
2010-06-28$0.05–0.0%Cashquarterly2010-06-162010-06-302010-07-15
2010-03-29$0.05–0.0%Cashquarterly2010-03-172010-03-312010-04-15
2009-12-29$0.05–0.0%Cashquarterly2009-12-092009-12-312010-01-15
2009-09-28$0.05–0.0%Cashquarterly2009-09-162009-09-302009-10-15
2009-06-26$0.05–0.0%Cashquarterly2009-06-172009-06-302009-07-15
2009-03-27$0.05–-88.2%Cashquarterly2009-03-042009-03-312009-04-15
2008-12-29$0.425–0.0%Cashquarterly2008-12-102008-12-312009-01-15
2008-09-26$0.425–0.0%Cashquarterly2008-09-172008-09-302008-10-15
2008-06-26$0.425–0.0%Cashquarterly2008-06-182008-06-302008-07-15
2008-03-27$0.425–0.0%Cashquarterly2008-03-182008-03-312008-04-15
2007-12-27$0.425–+6.3%Cashquarterly2007-12-112007-12-312008-01-15
2007-09-26$0.4–0.0%Cashquarterly2007-09-182007-09-282007-10-15
2007-06-27$0.4–0.0%Cashquarterly2007-06-192007-06-292007-07-16
2007-03-28$0.4–0.0%Cashquarterly2007-03-202007-03-302007-04-16
2006-12-27$0.4–+21.2%Cashquarterly2006-12-122006-12-292007-01-16
2006-09-27$0.33–0.0%Cashquarterly2006-09-192006-09-302006-10-16
2006-06-28$0.33–0.0%Cashquarterly2006-06-202006-06-302006-07-17
2006-03-29$0.33–0.0%Cashquarterly2006-03-212006-03-312006-04-17
2005-12-28$0.33–+10.0%Cashquarterly2005-12-202005-12-302006-01-16
2005-09-28$0.3–0.0%Cashquarterly2005-09-202005-09-302005-10-17
2005-06-28$0.3–0.0%Cashquarterly2005-06-212005-06-302005-07-15
2005-03-29$0.3–0.0%Cashquarterly2005-03-212005-03-312005-04-15
2004-12-29$0.3–+25.0%Cashquarterly2004-11-192004-12-312005-01-17
2004-09-28$0.24–0.0%Cashquarterly2004-09-152004-09-302004-10-15
2004-06-28$0.24–0.0%Cashquarterly2004-06-152004-06-302004-07-15
2004-03-29$0.24–0.0%Cashquarterly2004-03-172004-03-312004-04-15
2003-12-29$0.24–+17.1%Cashquarterly2003-11-192003-12-312004-01-15
2003-09-26$0.205–0.0%Cashquarterly2003-09-172003-09-302003-10-15
2003-06-26$0.205–0.0%Cashquarterly2003-06-172003-06-302003-07-15
2003-03-27$0.205–+5.1%Cashquarterly2003-02-132003-03-312003-04-15
2002-12-27$0.195–0.0%Cashquarterly2002-12-172002-12-312003-01-15
2002-09-26$0.195–0.0%Cashquarterly2002-09-172002-09-302002-10-15
2002-06-26$0.195–0.0%Cashquarterly2002-06-182002-06-282002-07-15
2002-03-26$0.195–+4.0%Cashquarterly2002-02-142002-03-292002-04-15
2001-12-27$0.1875–0.0%Cashquarterly2001-11-152001-12-312002-01-15
2001-09-26$0.1875–0.0%Cashquarterly2001-09-122001-09-282001-10-15
2001-06-27$0.1875–0.0%Cashquarterly2001-06-192001-06-292001-07-16
2001-03-28$0.1875–+15.4%Cashquarterly2001-02-272001-03-302001-04-16
2000-12-27$0.1625–0.0%Cashquarterly2000-12-122000-12-292001-01-16
2000-09-27$0.1625–0.0%Cashquarterly2000-09-052000-09-292000-10-16
2000-06-28$0.1625–0.0%Cashquarterly2000-06-062000-06-302000-07-17
2000-03-29$0.1625–0.0%Cashquarterly2000-03-142000-03-312000-04-14
1999-12-29$0.1625–+62.5%Cashquarterly1999-12-141999-12-312000-01-15
1999-09-15$0.1–0.0%Cashquarterly1999-09-141999-09-171999-10-15
1999-06-28$0.1–0.0%Cashquarterly1999-06-081999-06-301999-07-15
1999-03-29$0.1$0.30.0%Cashquarterly1999-03-091999-03-311999-04-15
1998-12-29$0.1$0.3+30.4%Cashquarterly1998-12-081998-12-311999-01-15
1998-09-28$0.0767$0.23010.0%Cashquarterly1998-09-081998-09-301998-10-15
1998-06-26$0.0767$0.23010.0%Cashquarterly1998-06-091998-06-301998-07-15
1998-03-27$0.0767$0.2301+15.0%Cashquarterly1998-03-101998-03-311998-04-15
1997-12-29$0.0667$0.20010.0%Cashquarterly1997-12-091997-12-311998-01-15
1997-09-26$0.0667$0.20010.0%Cashquarterly1997-09-091997-09-301997-10-15
1997-06-26$0.0667$0.20010.0%Cashquarterly1997-06-101997-06-301997-07-15
1997-03-26$0.0667$0.2001+27.8%Cashquarterly1997-03-111997-03-311997-04-15
1996-12-27$0.0522$0.46980.0%Cashquarterly1996-12-101996-12-311997-01-15
1996-09-26$0.0522$0.46980.0%Cashquarterly1996-09-101996-09-301996-10-15
1996-06-26$0.0522$0.46980.0%Cashquarterly1996-06-111996-06-281996-07-15
1996-03-27$0.0522$0.4698+17.6%Cashquarterly1996-03-121996-03-291996-04-15
1995-12-27$0.0444$0.39960.0%Cashquarterly1995-12-131995-12-291996-01-12
1995-09-27$0.0444$0.39960.0%Cashquarterly1995-09-121995-09-291995-10-13
1995-06-28$0.0444$0.39960.0%Cashquarterly1995-06-131995-06-301995-07-14
1995-03-27$0.0444$0.3996+14.4%Cashquarterly1995-03-141995-03-311995-04-14
1994-09-26$0.0388$0.34920.0%Cashquarterly1994-09-131994-09-301994-10-14
1994-06-24$0.0388$0.34920.0%Cashquarterly1994-06-141994-06-301994-07-15
1994-03-25$0.0388$0.3492+20.5%Cashquarterly1994-03-081994-03-311994-04-15
1993-12-27$0.0322$0.28980.0%Cashquarterly1993-12-141993-12-311994-01-14
1993-09-24$0.0322$0.28980.0%Cashquarterly1993-09-141993-09-301993-10-15
1993-06-24$0.0322$0.28980.0%Cashquarterly1993-06-081993-06-301993-07-15
1993-03-25$0.0322$0.2898+11.8%Cashquarterly1993-03-091993-03-311993-04-15
1992-12-24$0.0288$0.25920.0%Cashquarterly1992-12-081992-12-311993-01-15
1992-09-24$0.0288$0.25920.0%Cashquarterly1992-09-081992-09-301992-10-15
1992-06-24$0.0288$0.25920.0%Cashquarterly1992-06-091992-06-301992-07-15
1992-03-25$0.0288$0.2592+4.0%Cashquarterly1992-03-101992-03-311992-04-15
1991-12-24$0.0277$0.24930.0%Cashquarterly1991-12-101991-12-311992-01-15
1991-09-24$0.0277$0.24930.0%Cashquarterly1991-09-101991-09-301991-10-15
1991-06-24$0.0277$0.24930.0%Cashquarterly1991-06-111991-06-281991-07-12
1991-03-22$0.0277$0.2493+4.1%Cashquarterly1991-03-121991-03-291991-04-15
1990-12-24$0.0266$0.23940.0%Cashquarterly1990-12-111990-12-311991-01-15
1990-09-24$0.0266$0.23940.0%Cashquarterly1990-09-111990-09-281990-10-15
1990-06-25$0.0266$0.23940.0%Cashquarterly1990-06-121990-06-291990-07-13
1990-03-26$0.0266$0.2394+9.0%Cashquarterly1990-03-131990-03-301990-04-13
1989-12-22$0.0244$0.21960.0%Cashquarterly1989-12-121989-12-291990-01-12
1989-09-25$0.0244$0.21960.0%Cashquarterly1989-09-121989-09-291989-10-13
1989-06-26$0.0244$0.21960.0%Cashquarterly1989-06-131989-06-301989-07-14
1989-03-27$0.0244$0.4392+7.5%Cashquarterly1989-03-141989-03-311989-04-14
1988-12-23$0.0227$0.40860.0%Cashquarterly1988-12-131988-12-301989-01-13
1988-09-26$0.0227$0.40860.0%Cashquarterly1988-09-131988-09-301988-10-14
1988-06-24$0.0227$0.40860.0%Cashquarterly1988-06-141988-06-301988-07-15
1988-03-25$0.0227$0.4086+5.1%Cashquarterly1988-03-081988-03-311988-04-15
1987-12-24$0.0216$0.38880.0%Cashquarterly1987-12-081987-12-311988-01-15
1987-09-24$0.0216$0.38880.0%Cashquarterly1987-09-101987-09-301987-10-15
1987-06-24$0.0216$0.38880.0%Cashquarterly1987-06-091987-06-301987-07-15
1987-03-25$0.0216$0.3888+5.4%Cashquarterly1987-03-101987-03-311987-04-15
1986-12-24$0.0205$0.3690.0%Cashquarterly1986-12-091986-12-311987-01-15
1986-09-24$0.0205$0.3690.0%Cashquarterly1986-09-091986-09-301986-10-15
1986-06-24$0.0205$0.3690.0%Cashquarterly1986-06-101986-06-301986-07-15
1986-03-24$0.0205$0.369+5.7%Cashquarterly1986-03-111986-03-311986-04-15
1985-12-24$0.0194$0.34920.0%Cashquarterly1985-12-101985-12-311986-01-15
1985-09-24$0.0194$0.34920.0%Cashquarterly1985-09-101985-09-301985-10-15
1985-06-24$0.0194$0.34920.0%Cashquarterly1985-06-121985-06-281985-07-15
1985-03-25$0.0194$0.6984+7.8%Cashquarterly1985-03-121985-03-291985-04-15
1984-12-24$0.018$0.648–Cashquarterly1984-12-111984-12-311985-01-15

Splits (6)

DateRatioCumulative
1979-02-225:4×49.5 to today
1984-06-2511:10×39.6 to today
1985-04-162:1×36 to today
1989-04-172:1×18 to today
1997-01-163:1×9 to today
1999-04-163:1×3 to today