Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services to corporate, commercial real estate, government, and institutional clients. Its products and services comprise corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services. The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients. It also operates through financial advisors. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.
Wells Fargo & Dividend Announcement
• Wells Fargo & announced a quarterly dividend of $0.40 per ordinary share which will be made payable on 2024-12-01. Ex dividend date: 2024-11-08
• Wells Fargo & annual dividend for 2024 was $1.50
• Wells Fargo & annual dividend for 2023 was $1.30
• Wells Fargo &'s trailing twelve-month (TTM) dividend yield is 2.13%
• Wells Fargo &'s payout ratio for the trailing twelve months (TTM) is 34.33%
• Wells Fargo &'s dividend growth over the last five years (2018-2023) was -4.54% year
• Wells Fargo &'s dividend growth over the last ten years (2013-2023) was 1.23% year
Wells Fargo & Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-08 | $0.40 | quarterly | 2024-12-01 |
2024-08-09 | $0.40 | quarterly | 2024-09-01 |
2024-05-09 | $0.35 | quarterly | 2024-06-01 |
2024-02-01 | $0.35 | quarterly | 2024-03-01 |
2023-11-02 | $0.35 | quarterly | 2023-12-01 |
2023-08-03 | $0.35 | quarterly | 2023-09-01 |
2023-05-04 | $0.30 | quarterly | 2023-06-01 |
2023-02-02 | $0.30 | quarterly | 2023-03-01 |
2022-11-03 | $0.30 | quarterly | 2022-12-01 |
2022-08-04 | $0.30 | quarterly | 2022-09-01 |
2022-05-05 | $0.25 | quarterly | 2022-06-01 |
2022-02-03 | $0.25 | quarterly | 2022-03-01 |
2021-11-04 | $0.20 | quarterly | 2021-12-01 |
2021-08-05 | $0.20 | quarterly | 2021-09-01 |
2021-05-06 | $0.10 | quarterly | 2021-06-01 |
2021-02-04 | $0.10 | quarterly | 2021-03-01 |
2020-11-05 | $0.10 | quarterly | 2020-12-01 |
2020-08-06 | $0.10 | quarterly | 2020-09-01 |
2020-05-07 | $0.51 | quarterly | 2020-06-01 |
2020-02-06 | $0.51 | quarterly | 2020-03-01 |
2019-11-07 | $0.51 | quarterly | 2019-12-01 |
2019-08-08 | $0.51 | quarterly | 2019-09-01 |
2019-05-09 | $0.45 | quarterly | 2019-06-01 |
2019-01-31 | $0.45 | quarterly | 2019-03-01 |
2018-11-08 | $0.43 | quarterly | 2018-12-01 |
2018-08-09 | $0.43 | quarterly | 2018-09-01 |
2018-05-03 | $0.39 | quarterly | 2018-06-01 |
2018-02-01 | $0.39 | quarterly | 2018-03-01 |
2017-11-02 | $0.39 | quarterly | 2017-12-01 |
2017-08-02 | $0.39 | quarterly | 2017-09-01 |
2017-05-03 | $0.38 | quarterly | 2017-06-01 |
2017-02-01 | $0.38 | quarterly | 2017-03-01 |
2016-11-02 | $0.38 | quarterly | 2016-12-01 |
2016-08-03 | $0.38 | quarterly | 2016-09-01 |
2016-05-04 | $0.38 | quarterly | 2016-06-01 |
2016-02-03 | $0.38 | quarterly | 2016-03-01 |
2015-11-04 | $0.38 | quarterly | 2015-12-01 |
2015-08-05 | $0.38 | quarterly | 2015-09-01 |
2015-05-06 | $0.38 | quarterly | 2015-06-01 |
2015-02-04 | $0.35 | quarterly | 2015-03-01 |
2014-11-05 | $0.35 | quarterly | 2014-12-01 |
2014-08-06 | $0.35 | quarterly | 2014-09-01 |
2014-05-07 | $0.35 | quarterly | 2014-06-01 |
2014-02-05 | $0.30 | quarterly | 2014-03-01 |
2013-11-06 | $0.30 | quarterly | 2013-12-01 |
2013-08-07 | $0.30 | quarterly | 2013-09-01 |
2013-05-08 | $0.30 | quarterly | 2013-06-01 |
2013-01-30 | $0.25 | quarterly | 2013-03-01 |
Wells Fargo & Dividend per year
Wells Fargo & Dividend growth
Wells Fargo & Dividend Yield
Wells Fargo & current trailing twelve-month (TTM) dividend yield is 2.13%. Interested in purchasing Wells Fargo & stock? Use our calculator to estimate your expected dividend yield:
Wells Fargo & Financial Ratios
Wells Fargo & Dividend FAQ
Other factors to consider when evaluating Wells Fargo & as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Wells Fargo &'s board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Wells Fargo & publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Wells Fargo & distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Wells Fargo & are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Wells Fargo & sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Wells Fargo & distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Wells Fargo & declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Wells Fargo &'s dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Wells Fargo &'s financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.