U.S. Bancorp (USB) Ex-Dividend Date Scheduled for June 26, 2013


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U.S. Bancorp ( USB ) will begin trading ex-dividend on June 26, 2013. A cash dividend payment of $0.23 per share is scheduled to be paid on July 15, 2013. Shareholders who purchased USB stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 17.95% increase over the prior quarter. At the current stock price of $35.39, the dividend yield is 2.6%.

The previous trading day's last sale of USB was $35.39, representing a -1.69% decrease from the 52 week high of $36 and a 14.57% increase over the 52 week low of $30.89.

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 $2.9. Zacks Investment Research reports USB's forecasted earnings growth in 2013 as 5.94%, compared to an industry average of 2.8%.

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 )
  • N/A (PJB)
  • iShares Dow Jones U.S. Financial Services Index Fund ( IYG )
  • Columbia Select Large Cap Value ETF ( GVT )
  • iShares Dow Jones U.S. Regional Banks Index Fund ( IAT ).

The top-performing ETF of this group is GVT with an increase of 23.48% 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.

This article appears in: News Headlines Stocks
Referenced Stocks: GVT , IAT , IYG , JPM , KBWB , USB , WFC

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