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US Bancorp Series K 5.50% Non-Cumulative Perpetual Preferred Stock

By: ,

Date Issued  8/7/20118

Shares Sold  23,000,000  Overallotment  0

S&P Rating   BBB   Moodys Rating   A3

Security Ticker Symbol   USB-N

Market Traded ON   NYSE

Dividend Payment Paid on the 15th of January, April, July and October beginning on 10/15/2018

Quarterly Dividend   .3438   Annual Dividend  1.375

Securities may be redeemed, at the issuers option, as early as 10/15/2023 for a redemption price of $25/share plus accrued dividends.

Dividend Payment Will be a Qualified Distributions

Maturity Date   None

 

Company Investor Relations Page for US Bancorp

Click Here to find the offering Prospectus and Final Pricing Document

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