U.S. Bancorp Raises Quarterly Dividend by 3.8% After Fed Stress Tests
Key Facts
Following the Federal Reserve's release of its Dodd-Frank Act stress test results, reports indicate that US Bancorp raised its quarterly dividend by 3.8% to $0.54 per share, effective Q3 2026. The increase signals confidence in the bank's capital position, with a CET1 ratio of 10.8% well above the required 7.1% threshold.
This move is part of a broader trend among major US banks raising dividends after passing the Fed's stress tests. According to market data, USB shares closed at $60.40 on June 30, 2026. The action mirrors similar hikes by JPMorgan Chase and Wells Fargo this quarter, reflecting improved capital adequacy across the sector.
Technically, the stock is trading near its intraday high of $60.87 (close June 30), with the $60 level likely serving as a support zone. Investors will watch the bank's upcoming earnings report for insight into net interest income dynamics amid rate expectations, as well as any updates on share buyback programs.