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NEW YORK ( TheStreet) -- The ex-dividend date for U.S. Bancorp (NYSE: USB) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $32.01 as of 9:30 a.m. ET, the dividend yield is 2.5%. The average volume for U.S has been 12.9 million shares per day over the past 30 days. U.S has a market cap of $54.29 billion and is part of the financial sector and banking industry. Shares are up 18.7% year to date as of the close of trading on Monday. U.S. Bancorp, a financial services holding company, provides various banking and financial services in the United States. The company offers depository services, such as checking accounts, savings accounts, and time certificate contracts. The company has a P/E ratio of 12.9, above the average banking industry P/E ratio of 11.6 and below the S&P 500 P/E ratio of 17.7.