Printer Friendly

U.S. BANCORP DECLARES CASH DIVIDENDS ON COMMON STOCK (NASDAQ: USBC) AND SERIES A PREFERRED STOCK (NASDAQ: USBCP)

 PORTLAND, Ore., Aug. 19 /PRNewswire/ -- U.S. Bancorp's board of directors today declared a regular quarterly cash dividend of 22 cents per share on the company's common stock. The dividend will be paid Oct. 1, 1993, to shareholders of record Sept. 3, 1993. Additionally, the Board of Directors declared a quarterly dividend of $0.5078 per share on U.S. Bancorp's Series A preferred stock. The Series A preferred dividend will be paid Nov. 15, 1993, to shareholders of record Oct. 15, 1993.
 U.S. Bancorp has paid uninterrupted dividends since 1899 and has 36 consecutive years of increased cash dividend payout on the company's common stock.
 U.S. Bancorp is the largest bank holding company headquartered in the Northwest, with assets of $20.8 billion as of June 30, 1993. U.S. Bancorp is one of the nation's 35 largest bank holding companies, and has consistently ranked among the top tier of these companies in performance and capital strength. Banking subsidiaries include U.S. Bank of Oregon; U.S. Bank of Washington; U.S. Bank of California; U.S. Bank of Nevada; and U.S. Bank of Idaho. Other financial services businesses include U.S. Bancorp Mortgage Co., U.S. Bancorp Securities and Trust Group, and U.S. Bancorp Leasing and Financial.
 -0- 8/19/93
 /CONTACT: Donald F. Bowler, Investor Relations, of U.S. Bancorp, 503-275-5702/
 (USBC)


CO: U.S. Bancorp ST: Oregon IN: FIN SU: DIV

JH -- SE010 -- 4497 08/19/93 16:53 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 19, 1993
Words:248
Previous Article:FONE AMERICA SIGNS LARGEST PRE-PAID CALLING CARD DISTRIBUTION CONTRACT IN U.S. HISTORY; ANNOUNCES PROFIT
Next Article:DIVIDENDS DECLARED FOR COMMERCIAL BANCORP SHAREHOLDERS
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters