Wells Fargo (WFC) Raises Quarterly Dividend 1.3% to $0.38; 3% Yield

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Wells Fargo & Company Announces Increased Dividend

April 26, 2016 2:16 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) today announced a quarterly common stock dividend of $0.38 per share, an increase of a half-penny or 1 percent, per share from the prior quarter. The dividend is payable June 1, 2016, to stockholders of record on May 6, 2016, as approved today by the Wells Fargo board of directors. Wells Fargo has approximately 5.1 billion shares outstanding.... More