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.