U.S. Bancorp's Series F Non-Cumulative Perpetual Preferred Stock About To Put More Money In Your Pocket

On 12/29/14, U.S. Bancorp's Series F Non-Cumulative Perpetual Preferred Stock (NYSE: USB.PRM) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 1/15/15. As a percentage of USB.PRM's recent share price of $29.60, this dividend works out to approximately 1.37%, so look for shares of USB.PRM to trade 1.37% lower — all else being equal — when USB.PRM shares open for trading on 12/29/14. On an annualized basis, the current yield is approximately 5.52%, which compares to an...