U.S. Bancorp (USB) Ex-Dividend Date Scheduled for December 27, 2012


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U.S. Bancorp ( USB ) has announced an ex-dividend date of December 27, 2012 and a cash dividend payment of $0.195 per share scheduled for January 15, 2013. Shareholders who purchased USB stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that USB has paid the same dividend. At the current stock price of $32.48, the dividend yield is 2.4%.

The previous trading day's last sale of USB was $32.48, representing a -8.4% decrease from the 52 week high of $35.46 and a 21.01% increase over the 52 week low of $26.84.

USB is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). USB's current earnings per share, an indicator of a company's profitability, is $2.81. Zacks Investment Research reports USB's forecasted earnings growth in 2012 as 19.07%, compared to an industry average of 11.1%.

For more information on the declaration, record and payment dates, visit the USB Dividend History page.

Interested in gaining exposure to USB through an Exchange Traded Fund [ETF]?
The following ETF(s) have USB as a top-10 holding:

  • PowerShares KBW Bank Portfolio ETF ( KBWB )
  • PowerShares Dynamic Banking ( PJB )
  • iShares Dow Jones U.S. Financial Services Index Fund ( IYG )
  • Columbia Concentrated Large Cap Value Strategy Fund ( GVT )
  • iShares Dow Jones U.S. Regional Banks Index Fund ( IAT ).

The top-performing ETF of this group is IYG with an increase of 14.28% over the last 100 days. KBWB has the highest percent weighting of USB at 8.34%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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