U.S. Bancorp (USB): Here’s How This Bank Seeks to Start Growing Again

As a result of its stress-test results, US Bancorp got Fed permission to boost its dividend by 18%, giving it a yield of 2.7%. That’s not a huge amount, but it’s well above what B of A and Citi pay, especially as neither one sought to try to increase its token $0.01 quarterly payout.

In US Bancorp’s earnings report, watch for signs of how the middle-American economy is doing. While most economists focus on the coasts, U.S. Bancorp (NYSE:USB)’s exposure to the heartland fills in a big gap that you can use to build a more complete picture of the U.S. economy and its prospects going forward.

The article US Bancorp Seeks to Start Growing Again originally appeared on Fool.com.

Fool contributor Dan Caplinger owns warrants on Bank of America. You can follow him on Twitter: @DanCaplinger. The Motley Fool owns shares of Bank of America and Citigroup.

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