WSJ Highlights Potential Upcoming Dividend Raise at Wells Fargo (WFC)
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Shares of Wells Fargo (NYSE: WFC) are not really responding to headlines out of the WSJ the bank may soon ask US regulators to allow for a boost to its dividend and/or possibly offer an increased buyback program.
Sources say the bank's Board has not yet decided on what the increased dividend would be.
Wells Fargo will submit results from its latest stress test sometime in January.
The stock last traded at $26.18, up 2.1 percent from Thursday's closing price.
Sources say the bank's Board has not yet decided on what the increased dividend would be.
Wells Fargo will submit results from its latest stress test sometime in January.
The stock last traded at $26.18, up 2.1 percent from Thursday's closing price.
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