U.S. Bancorp: Undervalued Dividend Stock
This is a news story, published by Yahoo Finance, that relates primarily to the University of Michigan’s news.
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Business & Economics
U.S. Bancorp (USB): One of the Cheap Quarterly Dividend Stocks to Buy Now

83% Informative
In the current market environment, investors are looking to seek stable income as a way to protect themselves against a possible recession.
Consumer sentiment dropped 8% in April compared to the previous month , reaching a reading of 52.2 , according to the University of Michigan’s latest survey.
Analysts suggest that investors worried about an economic slowdown might want to consider investing in dividend-stock funds, as these stocks have historically performed relatively well during recessions.
U.S. Bancorp has a track record of raising its dividend for 14 consecutive years .
The company announced a quarterly dividend of $ 0.50 per share, maintaining its previous payout.
The stock has a dividend yield of 5.01% , as of April 27 .
Overall, USB ranks 4th on our list of the best cheap quarterly dividend stocks.
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