Wells Fargo & (WFC) Dividends
Price: $64.935
Market Cap: $221.02B
Avg Volume: 17.19M
Market Cap: $221.02B
Avg Volume: 17.19M
Country: US
Industry: Banks - Diversified
Sector: Financial Services
Industry: Banks - Diversified
Sector: Financial Services
Dividend Overview
Wells Fargo & (WFC) pays a dividend to its shareholders. Here are the key details:
Dividend Basics
- Annual Dividend per Share: $1.6
- Ex-Dividend Date: August 09, 2024
- Total Dividends Paid (Last Year): $5.93B
Dividend Metrics
- Dividend Yield: 3.27%
- Payout Ratio: 30.98%
- Dividend Growth (YoY): -12.03%
Dividend Yield
3.27%
Dividend Payout Ratio
30.98%
Dividend Paid & Capex Coverage Ratio
6.81x
Wells Fargo & pays an annual dividend of $1.6 per share. This means that for each share you own, you'll receive $1.6 in dividends over the course of a year, typically paid in quarterly installments.
The most recent ex-dividend date was August 09, 2024. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment.
In the last fiscal year, Wells Fargo & paid a total of $5.93B in dividends to its shareholders. This substantial amount underscores the company's commitment to returning value to its investors.
Currently, Wells Fargo &'s dividend yield stands at 3.27%. To put this in perspective, if you invest $100 in Wells Fargo &'s stock at the current price, you can expect to receive approximately $3.27 in annual dividend income.
The company's dividend payout ratio is 30.98%. This means that Wells Fargo & is distributing 30.98% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes.
Compared to the previous year, Wells Fargo &'s dividend has decreased by -12.03%. This decrease may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend History and Growth
Wells Fargo & (WFC) dividend payments have grown -12.03% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Wells Fargo & Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.4 | $0.4 | August 09, 2024 | August 09, 2024 | September 01, 2024 | July 23, 2024 |
| $0.35 | $0.35 | May 09, 2024 | May 10, 2024 | June 01, 2024 | April 30, 2024 |
| $0.35 | $0.35 | February 01, 2024 | February 02, 2024 | March 01, 2024 | January 23, 2024 |
| $0.35 | $0.35 | November 02, 2023 | November 03, 2023 | December 01, 2023 | October 24, 2023 |
| $0.35 | $0.35 | August 03, 2023 | August 04, 2023 | September 01, 2023 | July 25, 2023 |
| $0.3 | $0.3 | May 04, 2023 | May 05, 2023 | June 01, 2023 | April 25, 2023 |
| $0.3 | $0.3 | February 02, 2023 | February 03, 2023 | March 01, 2023 | January 24, 2023 |
| $0.3 | $0.3 | November 03, 2022 | November 04, 2022 | December 01, 2022 | October 25, 2022 |
| $0.3 | $0.3 | August 04, 2022 | August 05, 2022 | September 01, 2022 | July 26, 2022 |
| $0.25 | $0.25 | May 05, 2022 | May 06, 2022 | June 01, 2022 | April 26, 2022 |
| $0.25 | $0.25 | February 03, 2022 | February 04, 2022 | March 01, 2022 | January 25, 2022 |
| $0.2 | $0.2 | November 04, 2021 | November 05, 2021 | December 01, 2021 | October 26, 2021 |
| $0.2 | $0.2 | August 05, 2021 | August 06, 2021 | September 01, 2021 | July 27, 2021 |
| $0.1 | $0.1 | May 06, 2021 | May 07, 2021 | June 01, 2021 | April 27, 2021 |
| $0.1 | $0.1 | February 04, 2021 | February 05, 2021 | March 01, 2021 | January 26, 2021 |
| $0.1 | $0.1 | November 05, 2020 | November 06, 2020 | December 01, 2020 | October 27, 2020 |
| $0.1 | $0.1 | August 06, 2020 | August 07, 2020 | September 01, 2020 | July 28, 2020 |
| $0.51 | $0.51 | May 07, 2020 | May 08, 2020 | June 01, 2020 | April 28, 2020 |
| $0.51 | $0.51 | February 06, 2020 | February 07, 2020 | March 01, 2020 | January 28, 2020 |
| $0.51 | $0.51 | November 07, 2019 | November 08, 2019 | December 01, 2019 | October 22, 2019 |
| $0.51 | $0.51 | August 08, 2019 | August 09, 2019 | September 01, 2019 | July 23, 2019 |
| $0.45 | $0.45 | May 09, 2019 | May 10, 2019 | June 01, 2019 | April 23, 2019 |
| $0.45 | $0.45 | January 31, 2019 | February 01, 2019 | March 01, 2019 | January 22, 2019 |
| $0.43 | $0.43 | November 08, 2018 | November 09, 2018 | December 01, 2018 | October 23, 2018 |
| $0.43 | $0.43 | August 09, 2018 | August 10, 2018 | September 01, 2018 | July 24, 2018 |
| $0.39 | $0.39 | May 03, 2018 | May 04, 2018 | June 01, 2018 | April 24, 2018 |
| $0.39 | $0.39 | February 01, 2018 | February 02, 2018 | March 01, 2018 | January 23, 2018 |
| $0.39 | $0.39 | November 02, 2017 | November 03, 2017 | December 01, 2017 | October 24, 2017 |
| $0.39 | $0.39 | August 02, 2017 | August 04, 2017 | September 01, 2017 | July 26, 2017 |
| $0.38 | $0.38 | May 03, 2017 | May 05, 2017 | June 01, 2017 | April 25, 2017 |
| $0.38 | $0.38 | February 01, 2017 | February 03, 2017 | March 01, 2017 | January 25, 2017 |
| $0.38 | $0.38 | November 02, 2016 | November 04, 2016 | December 01, 2016 | October 26, 2016 |
| $0.38 | $0.38 | August 03, 2016 | August 05, 2016 | September 01, 2016 | July 26, 2016 |
| $0.38 | $0.38 | May 04, 2016 | May 06, 2016 | June 01, 2016 | April 26, 2016 |
| $0.375 | $0.375 | February 03, 2016 | February 05, 2016 | March 01, 2016 | January 26, 2016 |
| $0.375 | $0.375 | November 04, 2015 | November 06, 2015 | December 01, 2015 | October 27, 2015 |
| $0.375 | $0.375 | August 05, 2015 | August 07, 2015 | September 01, 2015 | July 28, 2015 |
| $0.375 | $0.375 | May 06, 2015 | May 08, 2015 | June 01, 2015 | April 28, 2015 |
| $0.35 | $0.35 | February 04, 2015 | February 06, 2015 | March 01, 2015 | January 28, 2015 |
| $0.35 | $0.35 | November 05, 2014 | November 07, 2014 | December 01, 2014 | October 28, 2014 |
| $0.35 | $0.35 | August 06, 2014 | August 08, 2014 | September 01, 2014 | July 23, 2014 |
| $0.35 | $0.35 | May 07, 2014 | May 09, 2014 | June 01, 2014 | April 29, 2014 |
| $0.3 | $0.3 | February 05, 2014 | February 07, 2014 | March 01, 2014 | January 28, 2014 |
| $0.3 | $0.3 | November 06, 2013 | November 08, 2013 | December 01, 2013 | October 22, 2013 |
| $0.3 | $0.3 | August 07, 2013 | August 09, 2013 | September 01, 2013 | July 24, 2013 |
| $0.3 | $0.3 | May 08, 2013 | May 10, 2013 | June 01, 2013 | April 23, 2013 |
| $0.25 | $0.25 | January 30, 2013 | February 01, 2013 | March 01, 2013 | January 22, 2013 |
| $0.22 | $0.22 | November 07, 2012 | November 09, 2012 | December 01, 2012 | October 23, 2012 |
| $0.22 | $0.22 | August 08, 2012 | August 10, 2012 | September 01, 2012 | July 24, 2012 |
| $0.22 | $0.22 | May 02, 2012 | May 04, 2012 | June 01, 2012 | April 26, 2012 |
| $0.1 | $0.1 | March 22, 2012 | March 26, 2012 | March 30, 2012 | March 13, 2012 |
| $0.12 | $0.12 | February 01, 2012 | February 03, 2012 | March 01, 2012 | January 25, 2012 |
| $0.12 | $0.12 | November 02, 2011 | November 04, 2011 | December 01, 2011 | October 26, 2011 |
| $0.12 | $0.12 | August 03, 2011 | August 05, 2011 | September 01, 2011 | July 27, 2011 |
| $0.12 | $0.12 | May 04, 2011 | May 06, 2011 | June 01, 2011 | April 21, 2011 |
| $0.07 | $0.07 | March 24, 2011 | March 28, 2011 | March 31, 2011 | March 18, 2011 |
| $0.05 | $0.05 | February 02, 2011 | February 04, 2011 | March 01, 2011 | January 26, 2011 |
| $0.05 | $0.05 | November 03, 2010 | November 05, 2010 | December 01, 2010 | October 27, 2010 |
| $0.05 | $0.05 | August 04, 2010 | August 06, 2010 | September 01, 2010 | July 28, 2010 |
| $0.05 | $0.05 | May 05, 2010 | May 07, 2010 | June 01, 2010 | April 28, 2010 |
| $0.05 | $0.05 | February 03, 2010 | February 05, 2010 | March 01, 2010 | January 27, 2010 |
| $0.05 | $0.05 | November 04, 2009 | November 06, 2009 | December 01, 2009 | October 28, 2009 |
| $0.05 | $0.05 | August 05, 2009 | August 07, 2009 | September 01, 2009 | July 29, 2009 |
| $0.05 | $0.05 | May 06, 2009 | May 08, 2009 | June 01, 2009 | March 06, 2009 |
| $0.34 | $0.34 | February 04, 2009 | February 06, 2009 | March 01, 2009 | January 28, 2009 |
| $0.34 | $0.34 | November 05, 2008 | November 07, 2008 | December 01, 2008 | October 22, 2008 |
| $0.34 | $0.34 | August 06, 2008 | August 08, 2008 | September 01, 2008 | July 16, 2008 |
| $0.31 | $0.31 | May 07, 2008 | May 09, 2008 | June 01, 2008 | April 29, 2008 |
| $0.31 | $0.31 | February 06, 2008 | February 08, 2008 | March 01, 2008 | January 22, 2008 |
| $0.31 | $0.31 | November 07, 2007 | November 09, 2007 | December 01, 2007 | October 23, 2007 |
| $0.31 | $0.31 | August 08, 2007 | August 10, 2007 | September 01, 2007 | July 24, 2007 |
| $0.28 | $0.28 | May 02, 2007 | May 04, 2007 | June 01, 2007 | April 24, 2007 |
| $0.28 | $0.28 | January 31, 2007 | February 02, 2007 | March 01, 2007 | January 23, 2007 |
| $0.28 | $0.28 | November 01, 2006 | November 03, 2006 | December 01, 2006 | October 24, 2006 |
| $0.56 | $0.28 | August 02, 2006 | August 04, 2006 | September 01, 2006 | June 27, 2006 |
| $0.52 | $0.26 | May 03, 2006 | May 05, 2006 | June 01, 2006 | April 25, 2006 |
| $0.52 | $0.26 | February 01, 2006 | February 03, 2006 | March 01, 2006 | January 24, 2006 |
| $0.52 | $0.26 | November 02, 2005 | November 04, 2005 | December 01, 2005 | October 25, 2005 |
| $0.52 | $0.26 | August 03, 2005 | August 05, 2005 | September 01, 2005 | July 26, 2005 |
| $0.48 | $0.24 | May 04, 2005 | May 06, 2005 | June 01, 2005 | April 26, 2005 |
| $0.48 | $0.24 | February 02, 2005 | February 04, 2005 | March 01, 2005 | January 25, 2005 |
| $0.48 | $0.24 | November 03, 2004 | November 05, 2004 | December 01, 2004 | October 25, 2004 |
| $0.48 | $0.24 | August 04, 2004 | August 06, 2004 | September 01, 2004 | July 27, 2004 |
| $0.45 | $0.225 | May 05, 2004 | May 07, 2004 | June 01, 2004 | April 27, 2004 |
| $0.45 | $0.225 | February 04, 2004 | February 06, 2004 | March 01, 2004 | January 27, 2004 |
| $0.45 | $0.225 | November 05, 2003 | November 07, 2003 | December 01, 2003 | October 27, 2003 |
| $0.45 | $0.225 | August 06, 2003 | August 08, 2003 | September 01, 2003 | July 22, 2003 |
| $0.3 | $0.15 | May 07, 2003 | May 09, 2003 | June 01, 2003 | April 22, 2003 |
| $0.3 | $0.15 | February 05, 2003 | February 07, 2003 | March 01, 2003 | January 28, 2003 |
| $0.28 | $0.14 | November 06, 2002 | November 08, 2002 | December 01, 2002 | October 22, 2002 |
| $0.28 | $0.14 | August 07, 2002 | August 09, 2002 | September 01, 2002 | July 25, 2002 |
| $0.28 | $0.14 | May 08, 2002 | May 10, 2002 | June 01, 2002 | April 23, 2002 |
| $0.26 | $0.13 | January 30, 2002 | February 01, 2002 | March 01, 2002 | January 22, 2002 |
| $0.26 | $0.13 | November 07, 2001 | November 09, 2001 | December 01, 2001 | October 23, 2001 |
| $0.26 | $0.13 | August 08, 2001 | August 10, 2001 | September 01, 2001 | July 24, 2001 |
| $0.24 | $0.12 | May 02, 2001 | May 04, 2001 | June 01, 2001 | April 24, 2001 |
| $0.24 | $0.12 | January 31, 2001 | February 02, 2001 | March 01, 2001 | January 23, 2001 |
| $0.24 | $0.12 | November 01, 2000 | November 03, 2000 | December 01, 2000 | October 23, 2000 |
| $0.22 | $0.11 | August 02, 2000 | August 04, 2000 | September 01, 2000 | July 25, 2000 |
| $0.22 | $0.11 | May 03, 2000 | May 05, 2000 | June 01, 2000 | April 25, 2000 |
| $0.22 | $0.11 | February 02, 2000 | February 04, 2000 | March 01, 2000 | January 25, 2000 |
| $0.2 | $0.1 | November 03, 1999 | November 05, 1999 | December 01, 1999 | October 25, 1999 |
| $0.2 | $0.1 | August 04, 1999 | August 06, 1999 | September 01, 1999 | July 27, 1999 |
| $0.2 | $0.1 | May 05, 1999 | May 07, 1999 | June 01, 1999 | April 27, 1999 |
| $0.185 | $0.0925 | February 03, 1999 | February 05, 1999 | March 01, 1999 | January 26, 1999 |
| $0.185 | $0.0925 | October 28, 1998 | October 30, 1998 | December 01, 1998 | October 21, 1998 |
| $0.185 | $0.0925 | August 05, 1998 | August 07, 1998 | September 01, 1998 | July 28, 1998 |
| $0.165 | $0.0825 | May 06, 1998 | May 08, 1998 | June 01, 1998 | April 28, 1998 |
| $0.165 | $0.0825 | February 04, 1998 | February 06, 1998 | March 01, 1998 | January 27, 1998 |
| $0.165 | $0.0825 | November 05, 1997 | November 07, 1997 | December 01, 1997 | October 23, 1997 |
| $0.3 | $0.075 | August 06, 1997 | August 08, 1997 | September 01, 1997 | July 22, 1997 |
| $0.3 | $0.075 | May 07, 1997 | May 09, 1997 | June 01, 1997 | April 22, 1997 |
| $0.3 | $0.075 | February 05, 1997 | February 07, 1997 | March 01, 1997 | January 28, 1997 |
| $0.27 | $0.0675 | November 06, 1996 | November 08, 1996 | December 01, 1996 | October 22, 1996 |
| $0.27 | $0.0675 | August 07, 1996 | August 09, 1996 | September 01, 1996 | July 23, 1996 |
| $0.27 | $0.0675 | May 08, 1996 | May 10, 1996 | June 01, 1996 | April 23, 1996 |
| $0.24 | $0.06 | January 31, 1996 | February 02, 1996 | March 01, 1996 | January 23, 1996 |
| $0.24 | $0.06 | November 01, 1995 | November 03, 1995 | December 01, 1995 | October 23, 1995 |
| $0.24 | $0.06 | August 02, 1995 | August 04, 1995 | September 01, 1995 | July 25, 1995 |
| $0.21 | $0.0525 | May 01, 1995 | May 05, 1995 | June 01, 1995 | April 25, 1995 |
| $0.21 | $0.0525 | January 30, 1995 | February 03, 1995 | March 01, 1995 | |
| $0.21 | $0.0525 | October 31, 1994 | November 04, 1994 | December 01, 1994 | |
| $0.185 | $0.04625 | August 01, 1994 | August 05, 1994 | September 01, 1994 | |
| $0.185 | $0.04625 | May 02, 1994 | May 06, 1994 | June 01, 1994 | |
| $0.185 | $0.04625 | January 31, 1994 | February 04, 1994 | March 01, 1994 | |
| $0.165 | $0.04125 | November 01, 1993 | November 05, 1993 | December 01, 1993 | |
| $0.165 | $0.04125 | August 02, 1993 | August 06, 1993 | September 01, 1993 | |
| $0.33 | $0.04125 | May 03, 1993 | May 07, 1993 | June 01, 1993 | |
| $0.29 | $0.03625 | February 01, 1993 | February 05, 1993 | March 01, 1993 | |
| $0.29 | $0.03625 | November 02, 1992 | November 06, 1992 | December 01, 1992 | |
| $0.29 | $0.03625 | August 03, 1992 | August 07, 1992 | September 01, 1992 | |
| $0.25 | $0.03125 | May 04, 1992 | May 08, 1992 | June 01, 1992 | |
| $0.25 | $0.03125 | February 03, 1992 | February 07, 1992 | March 01, 1992 | |
| $0.25 | $0.03125 | November 04, 1991 | November 08, 1991 | December 01, 1991 | |
| $0.23 | $0.02875 | August 05, 1991 | August 09, 1991 | September 01, 1991 | |
| $0.23 | $0.02875 | May 06, 1991 | May 10, 1991 | June 01, 1991 | |
| $0.23 | $0.02875 | January 28, 1991 | February 01, 1991 | March 01, 1991 | |
| $0.23 | $0.02875 | November 05, 1990 | November 09, 1990 | December 01, 1990 | October 29, 1990 |
| $0.205 | $0.025625 | August 06, 1990 | August 10, 1990 | September 01, 1990 | July 26, 1990 |
| $0.205 | $0.025625 | April 30, 1990 | May 04, 1990 | June 01, 1990 | April 25, 1990 |
| $0.205 | $0.025625 | January 29, 1990 | February 02, 1990 | March 01, 1990 | January 24, 1990 |
| $0.205 | $0.025625 | October 30, 1989 | November 03, 1989 | December 01, 1989 | September 28, 1989 |
| $0.185 | $0.023125 | July 31, 1989 | August 04, 1989 | September 01, 1989 | July 26, 1989 |
| $0.37 | $0.023125 | May 01, 1989 | May 05, 1989 | June 01, 1989 | April 28, 1989 |
| $0.37 | $0.023125 | January 30, 1989 | February 03, 1989 | March 01, 1989 | January 26, 1989 |
| $0.332 | $0.02075 | October 31, 1988 | November 04, 1988 | December 01, 1988 | September 30, 1988 |
| $0.332 | $0.02075 | August 01, 1988 | August 05, 1988 | September 01, 1988 | July 26, 1988 |
| $0.5 | $0.02083333 | May 02, 1988 | May 06, 1988 | June 01, 1988 | April 28, 1988 |
| $0.45 | $0.01875 | February 01, 1988 | February 05, 1988 | March 01, 1988 | January 28, 1988 |
| $0.45 | $0.01875 | November 02, 1987 | November 06, 1987 | December 01, 1987 | October 29, 1987 |
| $0.45 | $0.01875 | August 03, 1987 | August 07, 1987 | September 01, 1987 | July 28, 1987 |
| $0.45 | $0.01875 | May 04, 1987 | May 08, 1987 | June 01, 1987 | April 29, 1987 |
| $0.45 | $0.01875 | February 02, 1987 | February 06, 1987 | March 01, 1987 | January 28, 1987 |
| $0.45 | $0.01875 | November 03, 1986 | |||
| $0.45 | $0.01875 | August 04, 1986 | |||
| $0.45 | $0.01875 | May 05, 1986 | |||
| $0.45 | $0.01875 | February 03, 1986 | |||
| $0.45 | $0.01875 | November 04, 1985 | |||
| $0.45 | $0.01875 | August 05, 1985 | |||
| $0.45 | $0.01875 | May 06, 1985 | |||
| $0.45 | $0.01875 | January 28, 1985 | |||
| $0.45 | $0.01875 | November 02, 1984 | |||
| $0.45 | $0.01875 | August 06, 1984 | |||
| $0.45 | $0.01875 | April 30, 1984 | |||
| $0.45 | $0.01875 | January 30, 1984 | |||
| $0.45 | $0.01875 | October 31, 1983 | |||
| $0.45 | $0.01875 | August 01, 1983 | |||
| $0.45 | $0.01875 | May 02, 1983 | |||
| $0.45 | $0.01875 | January 31, 1983 | |||
| $0.45 | $0.01875 | October 29, 1982 | |||
| $0.41 | $0.017083 | August 02, 1982 | |||
| $0.41 | $0.017083 | May 03, 1982 | |||
| $0.41 | $0.017083 | February 01, 1982 | |||
| $0.41 | $0.017083 | October 30, 1981 | |||
| $0.41 | $0.017083 | August 03, 1981 | |||
| $0.41 | $0.017083 | May 04, 1981 | |||
| $0.37 | $0.015417 | February 02, 1981 | |||
| $0.37 | $0.015417 | October 31, 1980 | |||
| $0.37 | $0.015417 | July 28, 1980 | |||
| $0.37 | $0.015417 | April 28, 1980 | |||
| $0.33 | $0.01375 | January 28, 1980 | |||
| $0.33 | $0.01375 | October 29, 1979 | |||
| $0.33 | $0.01375 | July 30, 1979 | |||
| $0.33 | $0.01375 | April 30, 1979 | |||
| $0.29 | $0.012083 | January 29, 1979 | |||
| $0.29 | $0.012083 | October 30, 1978 | |||
| $0.29 | $0.012083 | July 31, 1978 | |||
| $0.26 | $0.010833 | May 01, 1978 | |||
| $0.26 | $0.010833 | January 30, 1978 | |||
| $0.26 | $0.010833 | October 31, 1977 | |||
| $0.24 | $0.01 | August 01, 1977 | |||
| $0.48 | $0.01 | May 02, 1977 | |||
| $0.48 | $0.01 | January 31, 1977 | |||
| $0.45 | $0.009375 | October 29, 1976 | |||
| $0.45 | $0.009375 | August 02, 1976 | |||
| $0.425 | $0.008854 | May 03, 1976 | |||
| $0.425 | $0.008854 | February 02, 1976 | |||
| $0.425 | $0.008854 | October 31, 1975 | |||
| $0.425 | $0.008854 | July 28, 1975 | |||
| $0.4 | $0.008333 | April 28, 1975 | |||
| $0.4 | $0.008333 | February 03, 1975 | |||
| $0.4 | $0.008333 | October 28, 1974 | |||
| $0.4 | $0.008333 | July 29, 1974 | |||
| $0.4 | $0.008333 | April 29, 1974 | |||
| $0.4 | $0.008333 | January 28, 1974 | |||
| $0.4 | $0.008333 | October 29, 1973 | |||
| $0.4 | $0.008333 | July 30, 1973 | |||
| $0.375 | $0.007813 | April 30, 1973 | |||
| $0.375 | $0.007813 | January 29, 1973 | |||
| $0.375 | $0.007813 | October 30, 1972 | |||
| $0.375 | $0.007813 | July 31, 1972 |
Frequently Asked Questions
Wells Fargo & currently pays an annual dividend of $1.6 per share. This means that for each share you own, you'll receive $1.6 in dividends over the course of a year, typically paid in quarterly installments of $ per share.
Wells Fargo &'s current dividend yield is 3.27%. This means that if you invest $100 in Wells Fargo &'s stock at the current price, you can expect to receive approximately $3.27 in annual dividend income. The dividend yield is calculated by dividing the annual dividend by the current stock price.
The most recent ex-dividend date for Wells Fargo & was August 09, 2024. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment. It's advisable to check Wells Fargo &'s investor relations page or financial news sources for the next ex-dividend date announcement.
Wells Fargo &'s dividend payout ratio is currently 30.98%. This means that the company is distributing 30.98% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes. A lower payout ratio suggests that the company has more room to increase dividends in the future or to withstand temporary declines in earnings without cutting the dividend.
In the last fiscal year, Wells Fargo & paid a total of $5.93B in dividends to its shareholders. To put this in perspective, the company's annual revenue was $-, and its net income was $-. This means that Wells Fargo & distributed - of its revenue and - of its net income as dividends, demonstrating a balance between returning value to shareholders and reinvesting in the business.
Compared to the previous year, Wells Fargo &'s dividend has decreased by -12.03%. This decrease rate provides insight into the company's dividend policy and financial health over the past year. A decrease in dividends can occur for various reasons, including changes in the company's financial situation or strategic priorities.