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U.S. Bancorp Message Board

  • milacs718 milacs718 Feb 24, 2009 1:28 PM Flag

    Market wants a USB dividend cut


    Looks like the market likes the idea of a USB dividend elimination. Getter done...the sooner the better.

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    • MILLIE,

      I do not understand why you keep calling for the ELIMINATION of the dividend instead of a prudent REDUCTION.

      I recall that there are many institution, mutual funds, pension plans, etc that either can not or do not own shares in a stock that does not pay some dividend.

      I think this is part of the reason that Citi, BAC and others are paying one cent a quarter instead of zero.

      They even talked about this when the eight bank CEO's testified in Congress.

      Good Luck Longs,


44.02+0.17(+0.39%)Oct 24 4:01 PMEDT