U.S. Bancorp ( USB ) said that "it will utilize the share repurchase program at its discretion as it continues to monitor the economic environment, manage to its long-term earnings distribution targets while maintaining strong capital levels and remain in compliance with regulatory requirements." Further, the company's board intends to maintain its quarterly dividend of $0.42 per share, which equates to an annual dividend of $1.68 per share and reflects a dividend yield of 3.7%. U.S. Bancorp's CEO Andy Cecere said, "The results of this stress test reflect again, the strength of our balance sheet, our diverse businesses and our strong financial discipline."