U.S. Bancorp ( USB ) will begin trading ex-dividend on September 28, 2015. A cash dividend payment of $0.255 per share is scheduled to be paid on October 15, 2015. Shareholders who purchased USB prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.08% increase over the same period a year ago. At the current stock price of $40.76, the dividend yield is 2.5%.
The previous trading day's last sale of USB was $40.76, representing a -11.89% decrease from the 52 week high of $46.26 and a 6.98% increase over the 52 week low of $38.10.
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 $3.13. Zacks Investment Research reports USB's forecasted earnings growth in 2015 as 4.87%, compared to an industry average of 6.3%.
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 )
- iShares U.S. Financial Services ETF ( IYG )
- SPDR Select Sector Fund - Financial ( XLF )
- Vanguard Financials ETF - DNQ ( VFH )
- iShares U.S. Regional Banks ETF ( IAT ).
The top-performing ETF of this group is IAT with an decrease of -5.15% over the last 100 days. KBWB has the highest percent weighting of USB at 6.43%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.