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U.S. Bancorp (U.S. Bancorp) 3-Year Dividend Growth Rate

: 4.70% (As of Dec. 2023)
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U.S. Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.49.

The historical rank and industry rank for U.S. Bancorp's 3-Year Dividend Growth Rate or its related term are showing as below:

USB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -50.3   Med: 12.25   Max: 64.2
Current: 4.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of U.S. Bancorp was 64.20% per year. The lowest was -50.30% per year. And the median was 12.25% per year.

USB's 3-Year Dividend Growth Rate is ranked worse than
63.03% of 779 companies
in the Banks industry
Industry Median: 7.5 vs USB: 4.70

During the past 12 months, U.S. Bancorp's average Dividends Per Share Growth Rate was 2.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

U.S. Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.50. As of today, U.S. Bancorp's Dividend Yield % is 4.73%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Banks - Regional subindustry, U.S. Bancorp's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


U.S. Bancorp 3-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, U.S. Bancorp's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where U.S. Bancorp's 3-Year Dividend Growth Rate falls into.



U.S. Bancorp 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


U.S. Bancorp  (NYSE:USB) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

U.S. Bancorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.49/ 0.99
=0.49

During the past 13 years, the highest Dividend Payout Ratio of U.S. Bancorp was 0.55. The lowest was 0.31. And the median was 0.34.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

U.S. Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4902024-03-272024-03-292024-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.4902023-12-282023-12-292024-01-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.4802023-09-282023-09-292023-10-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.4802023-06-292023-06-302023-07-17Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

U.S. Bancorp's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.94/41.05
=4.73 %

Current Share Price is $41.05.
U.S. Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.94.

During the past 13 years, the highest Dividend Yield of U.S. Bancorp was 6.52%. The lowest was 1.93%. And the median was 2.54%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


U.S. Bancorp 3-Year Dividend Growth Rate Related Terms>


U.S. Bancorp (U.S. Bancorp) Business Description

Industry
Address
800 Nicollet Mall, Minneapolis, MN, USA, 55402
As a diversified financial-services provider, U.S. Bancorp is one of the nation's largest regional banks, with branches in roughly 26 states, primarily in the Western and Midwestern United States. The bank offers many services, including retail banking, commercial banking, trust and wealth services, credit cards, mortgages, and other payments capabilities.
Executives
Timothy A Welsh officer: Vice Chairman 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Terrance R Dolan officer: EVP, Controller 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Shailesh M Kotwal officer: Vice Chairman 8501 N. SCOTTSDALE ROAD, SUITE 300, SCOTTSDALE AZ 85253
Venkatachari Dilip officer: SEVP & Chief Info & Tech Off 800 NICOLLET MALL, MINNEAPOLIS MN 55402
John C Stern officer: SEVP and CFO 800 NICOLLET MALL, MINNEAPOLIS MN 55402
James B Kelligrew officer: Vice Chairman 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Richard P Mckenney director UNUM GROUP, 1 FOUNTAIN SQUARE, CHATTANOOGA TN 37402
Scott W. Wine director 2100 HIGHWAY 55, MEDINA MN 55340
Alan B. Colberg director ASSURANT, INC., ONE CHASE MANHATTAN PLAZA, 41 FL., NEW YORK NY 10005
Souheil Badran officer: SEVP, Chief Operations Officer 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Andrew Cecere officer: Vice Chairman 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Von Gillern Jeffry H. officer: Vice Chairman U.S. BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Lisa R Stark officer: EVP and Controller 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Loretta E Reynolds director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Katherine B Quinn officer: EVP, Strategy & Corp. Affairs US BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402