December 11, 2007

U.S. Bancorp Raises Dividend, Selects CEO as New Chairman - WSJ.com

U.S. Bancorp Raises Dividend, Selects CEO as New Chairman - WSJ.com
That came from left field. A bank raising dividends.

US Bancorp raised dividends to $1.7 per share annually. the bank's current divided yield at close of today awesome 2.5% drop is 5.17%. The divided increase is such a confidence booster to USB shareholders to the quality of the assets that the bank hold.

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