U.S. Bancorp(NYSE:USB) Declares Dividend of $0.2550.

U.S. Bancorp (NYSE:USB) had declared a cash dividend of $0.2550 on Jun 15, 2016. The shares will quote ex-dividend on Jun 28, 2016 and the record date has been fixed for Jun 30, 2016. On Jun 15, 2016 share price, the yield comes out to be 2.4763%. The dividend payable date has been fixed on Jul 15, 2016.

In a different note, On Apr 26, 2016, Deutsche Bank said it Downgrades its rating on U.S. Bancorp. The shares have been rated ‘Hold’ by the firm. On Apr 21, 2016, Baird said it Downgrades its rating on U.S. Bancorp. In the research note, the firm Lowers the price-target to $45.00 per share. The shares have been rated ‘Neutral’ by the firm. On Apr 7, 2016, JP Morgan said it Maintains its rating on U.S. Bancorp. In the research note, the firm Lowers the price-target to $44.50 per share. The shares have been rated ‘Neutral’ by the firm. On Apr 6, 2016, Guggenheim Securities said it Downgrades its rating on U.S. Bancorp. The shares have been rated ‘Neutral’ by the firm. Societe Generale said it Initiates Coverage on U.S. Bancorp, according to a research note issued on Mar 22, 2016. The shares have been rated ‘Buy’ by the firm.

U.S. Bancorp (USB) made into the market gainers list on Tuesdays trading session with the shares advancing 0.36% or 0.15 points. Due to strong positive momentum, the stock ended at $41.37, which is also near the day’s high of $41.51. The stock began the session at $41.48 and the volume stood at 44,47,771 shares. The 52-week high of the shares is $46.26 and the 52 week low is $37.07. The company has a current market capitalization of $71,421 M and it has 1,72,64,03,100 shares in outstanding.

U.S. Bancorp(USB) last announced its earnings results on Apr 20, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $5.04B. Analysts had an estimated revenue of $5.06B. Earnings per share were $0.76. Analysts had estimated an EPS of $0.76.

Several Insider Transactions has been reported to the SEC. On May 19, 2016, Craig E Gifford (EVP and Controller) sold 400 shares at $41.73 per share price.Also, On Apr 29, 2016, Terrance R Dolan (Vice Chairman) sold 7,000 shares at $43.05 per share price.On Apr 29, 2016, Jennie P Carlson (EVP, Human Resources) sold 50,000 shares at $43.51 per share price, according to the Form-4 filing with the securities and exchange commission.

U.S. Bancorp is a multi-state financial services holding company. The Company operates through its banking subsidiary U.S. Bank National Association is engaged in the general banking business in domestic markets. The Company provides a range of financial services including lending and depository services cash management capital markets and trust and investment management services. It also engages in credit card services merchant and automated teller machines (ATM) processing mortgage banking insurance brokerage and leasing. U.S. Bank National Association provides a range of products and services to individuals businesses institutional organizations governmental entities and other financial institutions. Its commercial and consumer lending services are offered to customers within the Company’s domestic markets to domestic customers with foreign operations and to large national customers operating in specific industries targeted by the Company.

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