U.S. Bancorp PERP PFD SER A is a perpetual preferred stock issued by the American financial institution U.S. Bancorp. This security falls into the category of perpetual preferred stocks, which means it has some characteristics of bonds and some characteristics of stocks. Investors holding perpetual preferred stocks are entitled to regular dividends, which are often fixed and paid out preferentially before dividends on common shares. U.S. Bancorp PERP PFD SER A is issued by U.S. Bancorp, one of the largest banking groups in the United States. This security is suitable for investors seeking stable dividend income and are willing to accept a certain level of risk associated with investing in perpetual preferred stocks.
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