U.S. Bancorp (USB) Dividend History
Income profile from 1984 to 2026 with payout safety and yield-on-cost trend
USB Dividend Income Check
Safety
Payout ratio data not available yet.
Consistency
15 straight years of dividend increases.
Income Trend
Yield on cost is 4.4% and trend is rising.
USB Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
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
Dividend Analysis
Payout Safety
U.S. Bancorp has limited earnings payout data (Unknown).
Piotroski F-Score: 5/9 — 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: 0.0% 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 8.1%, with dividends contributing 16.0% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $17,355 today.
USB Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 31, 2026Latest | $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 |
| Jun 28, 2024 | $0.4900 | — | 4.91% | Jul 15, 2024 |
USB Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $86.5B | — | — | 15 | Unknown | |
| $247.1B | 1.9% | 26.0% | 3 | Sustainable | |
| $89.6B | 2.9% | 43.1% | 14 | Sustainable | |
1st | $65.7B | 4.2% | 57.5% | 10 | Sustainable |
| $27.8B | 2.6% | 51.0% | 3 | Sustainable | |
| $33.7B | 3.4% | 50.8% | 15 | Sustainable | |
3rd | $26.0B | 3.7% | 41.1% | 0 | Sustainable |
2nd | $24.3B | 3.7% | — | 13 | Unknown |
| $834.2B | 1.7% | 25.3% | 14 | Sustainable |
USB Annual Dividend History (1984–2026)
43 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.52 | — | 1 | — | — | — | 1.1% |
| 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% |
Full USB Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See USB's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs USB Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare USB vs BRK-A
Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..
Start ComparisonUSB — 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 $2.06 per share, with a current dividend yield of N/A. Payments are made 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 Annual.
Is USB's dividend safe?
USB's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of N/A. 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 Annual. The trailing 12-month total is $2.06 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 $10,811 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 N/A market yield, thanks to consistent dividend growth.