USB Dividend Yield 2026: U.S. Bancorp

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Data last updated: Jul 06, 2026

Dividend Yield: 3.37%

Annual Dividend: $2.08 per share

Payout Ratio: 45.1%

Ex-Dividend Date: 2026-06-30

Dividend Frequency: quarterly

Sector: Financial Services

Years of Dividend History: 43

About U.S. Bancorp Dividend

U.S. Bancorp dividend investors are looking at one of the country's largest diversified banks, spanning consumer banking, payment services, and wealth management across more than 2,200 branches. The current yield is 3.37%, paid quarterly at $0.52 per share, with the next ex-dividend date on June 30, 2026. Trailing twelve-month payments total $2.08 per share. With a beta of 0.979, USB stock moves nearly in line with the broader market, making it a fit for income-focused investors who want bank exposure without outsized volatility.

Dividend Safety

U.S. Bancorp pays out 45.1% of earnings as dividends, a payout ratio classified as moderate (40–60%). That level leaves meaningful room to absorb earnings pressure without threatening the dividend, and USB's diversified revenue base, spanning lending, payment services, treasury management, and wealth management, spreads income across multiple business lines rather than depending on a single source. U.S. Bancorp dividend safety faces the most direct pressure from interest rate sensitivity and credit cycle risk, both inherent to diversified banking, though neither is quantified in the current data.

U.S. Bancorp (USB) Dividend Growth Rate, CAGR, and History

Over the past 14 years, U.S. Bancorp dividend history shows a compound annual growth rate of 10.6% per year from 2011 to 2025. Per-share payments grew from $0.50 to $2.04 over that window (2026 data is partial and excluded from the CAGR calculation). The smallest annual increase in the window was 2.6% in 2024, which shows that growth has slowed in recent years even as the streak of increases has continued.

U.S. Bancorp Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+2.8%	$1.88 (2022)	$2.04 (2025)
5-Year	+4.0%	$1.68 (2020)	$2.04 (2025)
10-Year	+7.3%	$1.01 (2015)	$2.04 (2025)

Is U.S. Bancorp a Good Dividend Stock?

USB stock fits dividend investors who want a moderate yield from a large, diversified bank with a long record of annual increases. The current yield of 3.37% sits above the 5-year average of 3.11%, which means income buyers are getting slightly more yield than the historical norm. The yield classification is moderate (2–4%), so this is not a high-income play. What USB offers instead is 16 consecutive years of dividend increases and a 45.1% payout ratio that keeps the dividend from looking stretched. The trade-off is that recent growth has slowed to low single digits, which limits how fast income compounds from here.

Recent U.S. Bancorp Dividend Payments

Payment Date	Amount per Share
2026-06-30	$0.5200
2026-03-31	$0.5200
2025-12-31	$0.5200
2025-09-30	$0.5200
2025-06-30	$0.5000
2025-03-31	$0.5000
2024-12-31	$0.5000
2024-09-30	$0.5000
2024-06-28	$0.4900
2024-03-27	$0.4900

U.S. Bancorp Annual Dividend History

Year	Total Dividends
2026	$1.0400
2025	$2.0400
2024	$1.9800
2023	$1.9300
2022	$1.8800

Related Financial Services Dividend Stocks

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• JPM — JPMorgan Chase & Co. (1.79% yield)
• IVV — iShares Core S&P 500 ETF (1.09% yield)
• FXAIX — Fidelity 500 Index Fund (1.04% yield)

Frequently Asked Questions

How often does U.S. Bancorp pay dividends?

U.S. Bancorp pays dividends quarterly. The most recent payment was $0.52 per share, and the next ex-dividend date is June 30, 2026.

What is U.S. Bancorp's current dividend yield?

The current U.S. Bancorp dividend yield is 3.37%, which is above the 5-year average yield of 3.11%. That gap means income investors are currently getting slightly more yield than the stock's recent historical norm.

Has U.S. Bancorp ever cut its dividend?

No dividend cut appears in the available history window from 2011 to 2025. Annual payments increased every year across that 14-year span. The 2026 figure is a partial year and does not reflect a cut.

How fast has U.S. Bancorp grown its dividend?

U.S. Bancorp has grown its dividend at a compound annual growth rate (CAGR) of 10.6% per year from 2011 to 2025. However, the most recent annual increase was just 2.6% in 2024, so the pace has slowed considerably from earlier in the window.

Is U.S. Bancorp dividend safe?

The 45.1% payout ratio places U.S. Bancorp dividend safety in a moderate range, with the company retaining more than half of earnings. That buffer supports the current payment level, though banking dividends are always subject to credit cycle and regulatory pressures.

What type of investor is U.S. Bancorp best suited for?

USB stock suits dividend investors who prioritize a moderate, above-average yield combined with a long record of annual increases. Investors focused purely on high income or fast dividend growth will find the current profile less compelling.

How does U.S. Bancorp compare to its own historical yield?

At 3.37%, the current yield is above the 5-year average of 3.11%. That 0.26 percentage point difference is modest but means income buyers today are getting more yield than the stock has typically offered over the past five years.

Latest USB News

• U.S. Bancorp (USB) Could Be 40% Undervalued On Dividend Hike And Stress Test Result - simplywall.st — simplywall.st
• Why U.S. Bancorp (USB) is a Top Dividend Stock for Your Portfolio - sharewise.com — sharewise.com
• Why U.S. Bancorp (USB) is a Top Dividend Stock for Your Portfolio - Yahoo Finance — Yahoo Finance

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