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U.S. Bancorp maintains robust dividend policy with 16th consecutive annual increase

The Motley Fool · ·by G4L

USB U.S. Bancorp
$60.99 +0.86%
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  1. 1U.S. Bancorp recorded a dividend of $0.54 per share in the third quarter.
  2. 2U.S. Bancorp has increased its dividend for 16 consecutive years.
  3. 3U.S. Bancorp is maintaining a dividend payout ratio of 40%.

So what's the key point?

U.S. Bancorp has raised its dividend every year for 16 years. The company paid $0.54 per share in the third quarter and is distributing 40% of its earnings as dividends.

Source The Motley Fool · View original ↗

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