PreferredStockChannel

Slideshow Floating Rate Preferred Stocks

By Preferred Stock Channel Staff, updated Fri, May 14, 3:53 PM

#46. US Bancorp (DE) | Series F Non-Cumulative Perpetual Preferred Stock (NYSE:USB.PRM) | 6.24% CURRENT YIELD

Premium to Liquidation Preference: 4.16%Average Premium in Category: 5.32%
Current Annualized Yield: 6.24%Average Yield in Category: 5.37%
Days Since Last Ex-Div Date: 44 | See Dividend History »Categorization: Financial

Series:F
Alternate symbology:USB-M, USB-PM, USBprM
Redeemable?:Yes
Call Date:1/15/2022
Perpetual?:Yes
Cumulative?:No
Shares Offered:44,000,000
Liquidation Preference:$25
Recent Market Price:$26.04
Premium to Liquidation Preference:
(More Preferreds Trading at a Premium »)
$1.04 (4.16%)
Annualized Dividend:1.625
Recent Ex-Date:3/30/2021
Current Yield:6.24%
Original Coupon:6.500% from the date of issuance to, but excluding, January 15, 2022, and thereafter at a floating rate per annum equal to three-month LIBOR plus a spread of 4.468%
Pay Period:Quarterly
Pay Dates:15-Jan, 15-Apr, 15-Jul, 15-Oct
U.S. Bancorp is a financial services holding company. Through its subsidiaries, Co. provides a range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. Co. also engages in credit card services, merchant and ATM processing, mortgage banking, insurance, brokerage and leasing. Co.'s subsidiary, U.S. Bank National Association, is engaged in the general banking business, principally in domestic markets. Co.'s bank and trust subsidiaries provide a range of asset management and fiduciary services for individuals, estates, foundations, business corporations and charitable organizations.

Preferreds: USB.PRH, USB.PRA, USB.PRM, USB.PRO, USB.PRP


Open the USB Information Page »
Name: 
US Bancorp (DE)
Website: 
www.usbank.com
Sector: 
Banking & Savings
Number of ETFs Holding USB: 
107 (see which ones)
Total Market Value Held by ETFs: 
$10,006,274,889.6
Total Market Capitalization: 
$89,467,000,000
% of Market Cap. Held by ETFs: 
11.18%

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Floating Rate Preferred Stocks - Slide 1 of 46 | www.PreferredStockChannel.com

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