U.S. Bancorp (USB) Declares Quarterly Dividend of $0.52 per Share

With an annual dividend yield of 3.46%, U.S. Bancorp (NYSE:USB) is included among the 12 Best S&P 500 Stocks to Buy for Dividends.

As the fifth-largest commercial bank in the United States, U.S. Bancorp (NYSE:USB) works across a diversified mix of businesses, including commercial and institutional banking, business banking, payments, wealth management, and consumer banking.

On June 17, U.S. Bancorp (NYSE:USB) declared a regular quarterly dividend of $0.52 per share. The dividend is payable on July 15 to shareholders as of the June 30 record. The bank is largely dependent on interest income instead of investment banking, so its profitability and revenue tend to be more predictable and consistent, helping it sustain its high dividend yield of 3.54%.

In other news, earlier on June 15, Stephens resumed coverage of U.S. Bancorp (NYSE:USB) with an ‘Equal Weight’ rating and a price target of $63, implying an upside of over 7% from the current levels.

Stephens reinstated coverage of nine super-regional banks and stated that it is “broadly constructive” regarding the group’s outlook, pointing to the improved operating leverage over the last year. The analyst firm also expects the 2026 capital return levels to hit levels not seen since 2019, with the potential for further acceleration pending the Basel 3 Endgame proposals.

While we acknowledge the risk and potential of USB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than USB and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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