Hoxsie454

Dividend Analysis: U.S. Bancorp Looks Cheap

There may be a slight dip in earnings for the next few quarters, but the dividend for this conservatively run bank is safe even if earnings take a 10% hit. With earnings on the mend, I would expect smaller percentage dividend increases for the next few years. I expect the next couple of quarters will provide a favourable window of opportunity to accumulate these shares, with double digit annual returns ahead.