News

In my previous coverage on Wells Fargo & Company (NYSE:WFC), I predicted that the company will announce a dividend increase after the then-upcoming stress test.And boy did the company deliver. Not ...
Wells Fargo’s asset cap removal, strong earnings, and $40B buyback plan position it for growth and higher returns despite ...
To get to a 25% dividend payout ratio, that means Wells Fargo would need to increase its quarterly dividend from $0.10 per share to $0.25 per share, or a $1 annual dividend.
Dividends are on the rise for these five U.S. stocks, and Wall Street analysts see further return potential through price ...
Wells Fargo& Company today announced a quarterly common stock dividend of $0.25 per share, payable March 1, 2022, to stockholders of record on Feb. 4, 2022, as approved today by the Wells Fargo ...
Wells Fargo & Co., Goldman Sachs Group Inc. and Bank of New York Mellon Corp. top the list of 20 banks expected to boost their dividends in the coming quarter as capital deployments by the largest U.S ...
With the Federal Reserve giving major financial institutions high marks in its annual stress tests, several large banks ...
Following the recent lifting of restrictions on large bank dividends and stock buybacks, Wells Fargo (NYSE: WFC) announced that it plans to double its quarterly common dividend to $0.20 per share.
Right now WFC stock trades for 1.39 times its TBVPS (i.e., $48.65 divided by $34.95.) With the buybacks and higher dividends, I believe that Wells Fargo shares will have a 1.5 price-to-TBVPS multiple.
Since then, Wells Fargo's dividend behavior has been mixed. From 2015 to 2017, the bank made only minimal increases, responding to the negative attention it was getting as a result of ...
It's time to take a break from the Brexit news weighing on bank stocks and turn to something more positive: the likelihood that Wells Fargo will soon increase its quarterly dividend. On Wednesday ...
Wells Fargo & Company (NYSE: ... 2022, as approved today by the Wells Fargo board of directors. The first quarter dividend represents an increase of $0.05 per share from the prior quarter.