Wells Fargo (WFC) Raises Quarterly Dividend 10.3% to $0.43; 2.9% Yield

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Wells Fargo & Company Increases Common Stock Dividend

July 24, 2018 2:26 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) today announced a quarterly common stock dividend of $0.43 per share, payable September 1, 2018 to stockholders of record on August 10, 2018, as approved today by the Wells Fargo board of directors. The third-quarter dividend represents an increase of $0.04 per share, or 10 percent, from the prior quarter. Wells Fargo has approximately 4.8 billion shares outstanding.

The dividend increase is part of the companys 2018... More