U.S. Bancorp Depositary Shares represent shares in preferred stock issued by U.S. Bancorp, one of the largest banking institutions in the United States. This type of stock offers investors a regular income in the form of dividends, based on a stake in the preferred stock. U.S. Bancorp, headquartered in Minneapolis, focuses on a wide range of banking and financial services, including retail and corporate banking, asset management, and investment banking. Depositary Shares serve as an investment vehicle for those seeking steady dividend income and prefer investments in strong and stable financial institutions.
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