U.S. Bancorp (NYSE:USB) Announces Quarterly Dividend of $0.52

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U.S. Bancorp (NYSE:USB) has declared a quarterly dividend of $0.52 per share, equating to an annualized dividend of $2.08 and a 4.0% yield. The company has a 14-year history of increasing its dividend and a payout ratio of approximately 43%. Following a recent earnings beat and several price target upgrades, analysts maintain a “Moderate Buy” consensus with an average target price of $60.02.

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