Thankfully, U.S. Bancorp pays a highly generous 5.31% forward annual dividend yield. This easily beats the sector average yield of 2.114%. Finally, U.S. Bancorp offers a great value, as the company's trailing-12-month price-to-earnings (P/E) ratio of 9.69x is below U.S. Bancorp's five-year average of 12.43x.