Wells Fargo & Company Increases Common Stock Dividend | Your money

0

SAN FRANCISCO–(BUSINESS WIRE)–January 25, 2022–

Wells Fargo & Company (NYSE: WFC) today announced a quarterly common stock dividend of $0.25 per share, payable March 1, 2022 to shareholders of record February 4, 2022, as approved today by the Wells Fargo board of directors. The first quarter dividend represents an increase of $0.05 per share over the prior quarter.

This press release is multimedia. See the full version here: https://www.businesswire.com/news/home/20220125006034/en/

Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo)

“As I’ve said before, returning capital to shareholders is a priority and today’s dividend increase reflects that,” said Charlie Scharf, CEO of Wells Fargo. “We have made significant changes within the business which have improved our financial performance and I am pleased that we are now in a position to increase the dividend. We still have work to do and we continue to focus on increasing our dividend as we increase the earnings capacity of the business. »

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company with approximately $1.9 trillion in assets, proudly serves one in three American households and more than 10% of small businesses in the United States , and is the leading provider of middle market banking services. in the United States We offer a diverse set of banking, investment and mortgage products and services, as well as consumer and commercial finance services, through our four reportable operating segments: Consumer and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. Management. Wells Fargo ranked No. 37 in Fortune’s 2021 ranking of America’s largest companies. In the communities we serve, the company focuses its social impact on building a sustainable and inclusive future for all by supporting housing affordability, small business growth, financial health and a low-carbon economy. carbon. Wells Fargo news, insights and insights are also available at Wells Fargo Stories.

Additional information can be found at www.wellsfargo.com | Twitter: @Wells Fargo.

Press release category: WF-CF

Show source version on businesswire.com:https://www.businesswire.com/news/home/20220125006034/en/

CONTACT: Media

Beth Richek, 704-374-2545

[email protected] Relations

John Campbell, 415-396-0523

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

SECTOR KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: Wells Fargo & Company

Copyright BusinessWire 2022.

PUBLISHED: 01/25/2022 1:45 PM / DISK: 01/25/2022 1:47 PM

http://www.businesswire.com/news/home/20220125006034/en

Copyright BusinessWire 2022.

Share.

Comments are closed.