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Wells Fargo (WFC) Raises Quarterly Dividend 7.1% to $0.375; 2.7% Yield

April 28, 2015 2:10 PM EDT

Wells Fargo (NYSE: WFC) declared a quarterly dividend of $0.375 per share, or $1.5 annualized. This is a 7.1% increase from the prior dividend of $0.350.

The dividend will be payable on June 1, 2015, to stockholders of record on May 8, 2015, with an ex-dividend date of May 6,... More