U.S Stock To Go Ex-dividend Tomorrow (USB)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for U.S. Bancorp (NYSE: USB) is tomorrow, June 26, 2013. Owners of shares as of market close today will be eligible for a dividend of 23 cents per share. At a price of $35.71 as of 9:30 a.m. ET, the dividend yield is 2.6%.

The average volume for U.S has been 10.1 million shares per day over the past 30 days. U.S has a market cap of $65.79 billion and is part of the financial sector and banking industry. Shares are up 10.8% year to date as of the close of trading on Monday.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. Its services include lending and depository services, cash management, capital market, and trust and investment management services. The company has a P/E ratio of 12.3, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates U.S as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, expanding profit margins, increase in stock price during the past year, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full U.S Ratings Report.

See our dividend calendar or top-yielding stocks list.

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