U.s. Bancorp stock dividend – U.S. Bancorp Increases Dividend to $0.49 per Share, up 2%
December 14, 2023
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U.S. ($NYSE:USB) Bancorp, one of the nation’s leading financial services companies, has announced the increase of its dividend to $0.49 per share, a 2% rise. This is the second time in two years that U.S. Bancorp has increased its dividend. This dividend increase shows the strength and growing stability of the company’s financial outlook. U.S. Bancorp is a financial services holding company that operates in the United States and abroad.
It provides a wide range of consumer, corporate and commercial banking services and products, as well as wealth management, mortgages, international banking, leasing, trust, investment banking, and payment processing services. U.S. Bancorp is the fifth-largest commercial bank in the United States, and the 5th largest public company in the United States by total assets.
Dividends – U.s. Bancorp stock dividend
Over the past three years, U.S. Bancorp has issued an annual dividend of $1.92, $1.88, and $1.76 per share. This results in dividend yields from 2021 to 2023 of 5.07%, 3.97%, and 3.15%, with an average dividend yield of 4.06%. If you are interested in dividend stocks, U.S. Bancorp should be on your list of considerations. With a dividend yield above the average for stocks in the market and a history of increasing dividends, U.S. Bancorp is worth a closer look.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for U.s. Bancorp. More…
| Total Revenues | Net Income | Net Margin |
| – | 5.14k | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for U.s. Bancorp. More…
| Operations | Investing | Financing |
| 14.92k | 51.7k | -43.92k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for U.s. Bancorp. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 668.04k | 614.46k | – |
Key Ratios Snapshot
Some of the financial key ratios for U.s. Bancorp are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.9% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – U.s. Bancorp Intrinsic Value Calculator
GoodWhale has conducted an in-depth assessment of U.S. BANCORP‘s current financial wellbeing. Based on our proprietary Valuation Line, we have calculated that the fair value of U.S. BANCORP shares is around $47.6. However, the current stock price stands at $42.5, indicating that the stock is being traded at a fair price that is undervalued by 10.7%. We believe that this provides investors with an opportunity to capitalize on an attractive entry point and we would recommend that investors should consider investing in U.S. BANCORP stock. More…
Peers
U.S. Bancorp is one of the largest banks in the United States and offers a variety of banking products and services to its customers. Hamlin Bank and Trust Co, Adirondack Trust Co, and Susquehanna Community Financial Inc are all competitors of U.S. Bancorp.
– Hamlin Bank and Trust Co ($OTCPK:HMLN)
Hamlin Bank and Trust Co is a regional bank headquartered in Pennsylvania. The bank has 58 branches and offers a full range of banking services to retail and commercial customers. As of December 2020, Hamlin Bank and Trust Co had assets of $2.5 billion and deposits of $1.9 billion.
– Adirondack Trust Co ($OTCPK:ADKT)
The company’s market cap is 33.64M as of 2022 and its ROE is -1.3%. The company is a provider of financial services to the Susquehanna Valley region of Pennsylvania. The company offers a full range of banking, lending, and investment services to its customers. It also operates a network of ATM locations.
Summary
U.S. Bancorp recently announced a 2% increase in their dividend to $0.49 per share. This news was met with positive stock price movement and is a sign of the company’s ongoing success and financial stability. Investors are encouraged by the news and may see this as a potential sign of even greater returns in the near future. U.S. Bancorp has consistently managed to stay ahead of competitors and maximize returns for investors.
Analysts predict that the company will continue raising dividends and their stock price should remain steady or increase in the coming months. U.S. Bancorp is a wise choice for investors looking for a reliable and profitable stock to add to their portfolio.
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