US Bancorp's 4.00% Dep Shares Series M preferred stock (USB.PRR) will trade ex-dividend on 6/30/26 for a quarterly dividend of $0.25, payable on 7/15/26. Based on the recent share price of $15.53, the dividend implies an annualized yield of roughly 6.4%. The note is routine dividend timing information and is unlikely to materially move the stock.
US Bancorp's 4.00% Dep Shares Series M preferred stock (USB.PRR) will trade ex-dividend on 6/30/26 for a quarterly dividend of $0.25, payable on 7/15/26. Based on the recent share price of $15.53, the dividend implies an annualized yield of roughly 6.4%. The note is routine dividend timing information and is unlikely to materially move the stock.
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