U.S. Bancorp slashes dividend by 88%
Submitted by Harkamal Singh on Wed, 03/04/2009 - 23:35The board of directors of U.S. Bancorp (USB) has finally decided to slash its quarterly dividend by 88%, as the company looks to preserve cash.
The board of directors of U.S. Bancorp (USB) has finally decided to slash its quarterly dividend by 88%, as the company looks to preserve cash.