Should You Buy U.S. Bancorp (NYSE:USB) For Its Upcoming Dividend?

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U.S. Bancorp (NYSE:USB) is approaching its ex-dividend date on March 31, offering a dividend of US$0.52 per share and a trailing yield of 4.0%. The company has a modest payout ratio of 44% of its profits and has shown consistent earnings per share growth of 8.6% annually over the last five years, with a dividend increase of approximately 7.4% per year over the past decade, suggesting a sustainable dividend. This combination of growth and prudent dividend management makes U.S. Bancorp an attractive option for dividend-focused investors.

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