Wells Fargo & Co. (WFC) Raises Quarterly Dividend 83.3% to $0.22; 2.6% Yield
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Wells Fargo & Co. (NYSE: WFC) declared a quarterly dividend of $0.22 per share, or $0.88 annualized. This is an 83.3% increase from the prior dividend of $0.12.
The dividend will be payable on March 30, 2012, to stockholders of record on March 26, 2012, with an ex-dividend date of March 22, 2012. The annual yield on the dividend is 2.6 percent.
The Company also announced that the Federal Reserve did not object to its Capital Plan submitted in January 2012, or to the dividend rate increase and other capital actions included in the plan.
For a dividend history and other dividend-related data on Wells Fargo & Co. (WFC) click here.
The dividend will be payable on March 30, 2012, to stockholders of record on March 26, 2012, with an ex-dividend date of March 22, 2012. The annual yield on the dividend is 2.6 percent.
The Company also announced that the Federal Reserve did not object to its Capital Plan submitted in January 2012, or to the dividend rate increase and other capital actions included in the plan.
For a dividend history and other dividend-related data on Wells Fargo & Co. (WFC) click here.
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