Home Markets Dividend Growth of U.S. Bancorp(USB)

Dividend Growth of U.S. Bancorp(USB)


U.S. Bancorp(USB) is having a Dividend Yield of 2.03% with the Annual cash Dividend per share of $1.07. The last quarter cash dividend per share pay out was $0.28. U.S. Bancorp has a 5 year average dividend yield of 2.34% and the stock has a Indicated annual dividend of $1.12. U.S. Bancorp(USB) formally announced its most recent dividend on December 19, 2016 with a Dividend per share of $0.28. The new indicated annual dividend based on announced dividend per share is $1.12. The dividend yield based on the forward looking indicated annual dividend is 2.03%. U.S. Bancorp(USB) has the most recent dividend payout ratio of 0.34 with a 5-year average payout ratio of 0.31. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.03. The 5 year historical dividend growth of U.S. Bancorp(USB) is at the rate of 8.02% while the R-Squared dividend growth is 0.89. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

U.S. Bancorp (NYSE:USB) witnessed a decline in the market cap on Thursday as its shares dropped 0.24% or 0.13 points. After the session commenced at $55.04, the stock reached the higher end at $55.08 while it hit a low of $54.55. With the volume soaring to 6,204,101 shares, the last trade was called at $55.01. The company has a 52-week high of $55.365. The company has a market cap of $93,352 million and there are 1,697,000,000 shares in outstanding. The 52-week low of the share price is $37.48. Shares of U.S. Bancorp rose by 2.75% in the last five trading days and 8.8% for the last 4 weeks. U.S. Bancorp is up 13.56% in the last 3-month period. Year-to-Date the stock performance stands at 7.09%.

Currently the company Insiders own 0.68% of U.S. Bancorp shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -22.01% . Institutional Investors own 73.73% of U.S. Bancorp shares. During last six month period, the net percent change held by insiders has seen a change of -18.3%. Company has reported several Insider transactions to the SEC, on Feb 13, 2017, Craig E Gifford (EVP and Controller) sold 7,548 shares at 53.60 per share price.On Feb 7, 2017, Jennie P Carlson (EVP, Human Resources) sold 20,000 shares at 54.00 per share price.On Feb 2, 2017, John R. Elmore (Vice Chairman) sold 30,000 shares at 53.30 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Wedbush on Jan 19, 2017 to Neutral, Raises Price Target to $ 52 from a previous price target of $51 .U.S. Bancorp was Initiated by UBS on Jan 11, 2017 to Buy, Price Target of the shares are set at $60.Company shares were Reiterated by Barclays on Jan 3, 2017 to Overweight, Raises Price Target to $ 60 from a previous price target of $51 .U.S. Bancorp was Downgraded by Susquehanna to Neutral on Dec 1, 2016. Company shares were Reiterated by Wedbush on Nov 30, 2016 to Neutral, Raises Price Target to $ 50 from a previous price target of $49 .

U.S. Bancorp Last issued its quarterly earnings results on Jan 18, 2017. The company reported $0.82 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.81. The company had revenue of $5435.00 million for the quarter, compared to analysts expectations of $5381.85 million. The companys revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 EPS.

U.S. Bancorp is a financial services holding company. They operate full-service branch offices and ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp is the parent company of Firstar Bank and U.S. Bank.



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