U.S. Bancorp Lifts Quarterly Dividend 18% to 23 Cents Per Share

U.S. Bancorp, the nation’s largest regional lender, said its board approved an 18 percent increase in the quarterly dividend.

A dividend of 23 cents is payable July 15 to shareholders of record as of June 28, the Minneapolis-based lender said today in a statement distributed by Business Wire.

To contact the reporter on this story: Laura Marcinek in New York at Lmarcinek3@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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