U.S. Bancorp (USB) will begin trading ex-dividend on September 29, 2020. A cash dividend payment of $0.42 per share is scheduled to be paid on October 15, 2020. Shareholders who purchased USB prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that USB has paid the same dividend. At the current stock price of $35.16, the dividend yield is 4.78%.
The previous trading day's last sale of USB was $35.16, representing a -42.46% decrease from the 52 week high of $61.11 and a 23.98% increase over the 52 week low of $28.36.
USB is a part of the Finance sector, which includes companies such as J P Morgan Chase & Co (JPM) and Bank of America Corporation (BAC). USB's current earnings per share, an indicator of a company's profitability, is $3.18. Zacks Investment Research reports USB's forecasted earnings growth in 2020 as -41.69%, compared to an industry average of -36.6%.
Interested in gaining exposure to USB through an Exchange Traded Fund [ETF]?
The following ETF(s) have USB as a top-10 holding:
- Invesco KBW Bank ETF (KBWB)
- First Trust Nasdaq Bank ETF (FTXO)
- iShares U.S. ETF Trust (IEFN)
- iShares U.S. Regional Banks ETF (IAT)
- SPDR S&P Bank ETF (KBE).
The top-performing ETF of this group is IEFN with an increase of 5.46% over the last 100 days. KBWB has the highest percent weighting of USB at 8.31%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.