Trailing Dividend / Share
$2.04
U.S. Bancorp (USB) Dividend History
Income profile from 1984 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
3.5%
Payout Ratio
41.8%
Sustainable
Dividend Streak
15 years
USB Dividend Income Check
Safety
41.8% payout ratio with sustainable safety profile.
Consistency
15 straight years of dividend increases.
Income Trend
Yield on cost is 4.4% and trend is rising.
USB Dividend Scorecard
Yield & Income
Dividend Yield3.5%
Trailing DPS$2.04
FrequencySemi-Annual
Payments / 12M5
Payout Safety
Earnings Payout41.8%
Earnings SafetySustainable
FCF Payout39.7%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak15 years
3Y CAGR2.8%
5Y CAGR4.0%
Yield on Cost (5Y)4.4%
YOC Trendrising
Total Returns
Buyback Yield0.5%
Total Shareholder Yield4.0%
1Y Total Return39.1%
5Y Total Return23.9%
Div Contribution (5Y)17.7%
Estimated $10K growth (return + dividends):
5Y ago$12,39110Y ago$18,15320Y ago$26,907
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
USB Income Growth Story
Dividend per share and yield on cost over time (43 years of payments)
USB Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
U.S. Bancorp distributes 41.8% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 39.7%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
USB has raised its dividend for 15 consecutive years, with a 3-year CAGR of 2.8% and 5-year CAGR of 4.0%.
Total Shareholder Returns
Beyond cash dividends, USB returns capital through share repurchases. The combined picture: 3.5% dividend yield, 0.5% buyback yield, 4.0% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 4.4% and is currently rising. The 5-year total return is 23.9%, with dividends contributing 17.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $18,153 today.
USB Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$9.79
Avg/Payment$0.4895
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 30, 2026Latest | $0.5200 | — | 3.58% | Jul 15, 2026 |
| Mar 31, 2026 | $0.5200 | — | 3.96% | Apr 15, 2026 |
| Dec 31, 2025 | $0.5200 | — | 3.82% | Jan 15, 2026 |
| Sep 30, 2025 | $0.5200 | ↑ +4.0% | 4.18% | Oct 15, 2025 |
| Jun 30, 2025 | $0.5000 | — | 4.42% | Jul 15, 2025 |
| Mar 31, 2025 | $0.5000 | — | 4.71% | Apr 15, 2025 |
| Dec 31, 2024 | $0.5000 | — | 4.14% | Jan 15, 2025 |
| Sep 30, 2024 | $0.5000 | ↑ +2.0% | 4.31% | Oct 15, 2024 |
USB Dividend vs Peers
Comparable companies in the same industry
#4 yield in peer group
Div Yield
3.5%
#4 of 9
Safety
Sustainable
41.8% payout
Streak
15Y
4.0% 5Y CAGR
Total Shareholder
4.0%
#8 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| USBU.S. Bancorp | $90.5B | 3.5% | 41.8% | 15 | Sustainable |
 WFCWells Fargo & Compan… | $264.5B | 2.1% | 25.5% | 4 | Sustainable |
 PNCThe PNC Financial Se… | $91.4B | 2.9% | 38.0% | 15 | Sustainable |
1st  TFCTruist Financial Cor… | $62.1B | 4.3% | 50.3% | 0 | Sustainable |
 CFGCitizens Financial G… | $29.2B | 2.6% | 41.2% | 1 | Sustainable |
 FITBFifth Third Bancorp | $35.3B | 3.3% | 46.1% | 15 | Sustainable |
3rd  HBANHuntington Bancshare… | $26.7B | 3.6% | 41.1% | 0 | Sustainable |
2nd  RFRegions Financial Co… | $25.2B | 3.6% | 42.3% | 13 | Sustainable |
 JPMJPMorgan Chase & Co. | $908.6B | 1.8% | 29.1% | 15 | Sustainable |
USB Annual Dividend History (1984–2026)
43 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.04 | — | 2 | — | — | — | 2.3% |
| 2025 | $2.04 | 3.0% | 4 | $4.61 | 44.3% | 2.26x | 4.4% |
| 2024 | $1.98 | 2.6% | 4 | $3.79 | 52.2% | 1.91x | 4.3% |
| 2023 | $1.93 | 2.7% | 4 | $3.27 | 59.0% | 1.69x | 4.2% |
| 2022 | $1.88 | 6.8% | 4 | $3.69 | 50.9% | 1.96x | 4.1% |
| 2021 | $1.76 | 4.8% | 4 | $5.10 | 34.5% | 2.90x | 3.8% |
| 2020 | $1.68 | 6.3% | 4 | $3.06 | 54.9% | 1.82x | 3.6% |
| 2019 | $1.58 | 17.9% | 4 | $4.16 | 38.0% | 2.63x | 3.4% |
| 2018 | $1.34 | 15.5% | 4 | $4.14 | 32.4% | 3.09x | 2.9% |
| 2017 | $1.16 | 8.4% | 4 | $3.51 | 33.0% | 3.03x | 2.5% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into USB consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
42+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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USB — Frequently Asked Questions
Quick answers to the most common questions about buying USB stock.
How much dividend does USB pay per share?
U.S. Bancorp (USB) pays a trailing 12-month dividend of $2.04 per share, with a current dividend yield of +3.5%. Payments are made Semi-Annual.
When is USB's next ex-dividend date?
USB's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. USB typically pays dividends Semi-Annual.
Is USB's dividend safe?
USB's dividend safety is rated "Sustainable" based on an earnings payout ratio of +41.8% and FCF payout ratio of +39.7%. With 15 consecutive years of dividend growth, the track record supports sustainability.
Is USB a Dividend Achiever?
Yes, U.S. Bancorp is classified as a Dividend Achiever with 15 consecutive years of dividend increases. The 5-year dividend CAGR is +4.0%, demonstrating modest dividend growth.
How often does USB pay dividends?
U.S. Bancorp pays dividends Semi-Annual. The trailing 12-month total is $2.04 per share. Dividend data on this page covers 42+ years from 1984 to 2026.
How much would $10,000 invested in USB grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in USB five years ago would be worth approximately $12,391 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is USB's yield on cost for long-term holders?
USB's yield on cost — the current dividend divided by the original purchase price — is +4.4% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.5% market yield, thanks to consistent dividend growth.