USB-P-R: US BANCORP \DE\ 4% Series M Preferred Stock
US BANCORP \DE\'s USB-P-R is an exchange-traded preferred stock in the Banks sector.
At a recent price of $15.22, USB-P-R yields 6.57% on its $25 liquidation preference and 4% coupon.
It trades at a discount of 39.1% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2026-04-15.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.