U.S. Bancorp preferred stocks offer floating coupons with downside protection and solid dividend safety.

U.S. Bancorp offers two preferred stocks with floating coupons and a 3.5% floor, providing investors protection if rates fall. These preferreds, USB.PR.A and USB.PR.H, yield 5.15% and 4.78% respectively, and are backed by strong financial metrics including a high net income to preferred dividend ratio and tangible common equity to par ratio. Both stocks are non-cumulative and qualified dividend income (QDI) eligible, making them attractive in uncertain interest rate environments. However, both the preferred stocks and the parent company are rated as Holds due to recent price performance and market factors.

As of Nov 10, 2026 20:11 WIB, U.S. Bancorp's common stock trades at USD 61.52 on Pluang, showing a 0.94% gain in the past day. Despite the preferred stocks' attractive yield floors mentioned in the article, Pluang data shows a dividend yield of 3.54% for the common stock. Notably, the platform records a 100% sell order activity for USB, indicating strong selling interest among Pluang users at this time.