Wells Fargo Dividends and Buybacks
Dividend criteria checks 4/6
Wells Fargo is a dividend paying company with a current yield of 2.07% that is well covered by earnings. Next payment date is on 1st December, 2024 with an ex-dividend date of 8th November, 2024.
Key information
2.1%
Dividend yield
6.9%
Buyback Yield
| Total Shareholder Yield | 9.0% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | -0.9% |
| Next dividend pay date | 01 Dec 24 |
| Ex dividend date | 08 Nov 24 |
| Dividend per share | AR$1.574k |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WFC's dividend payments have been volatile in the past 10 years.
Growing Dividend: WFC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Wells Fargo Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WFC) | 2.1% |
| Market Bottom 25% (AR) | 0.6% |
| Market Top 25% (AR) | 2.8% |
| Industry Average (Banks) | 4.1% |
| Analyst forecast (WFC) (up to 3 years) | 2.4% |
Notable Dividend: WFC's dividend (2.07%) is higher than the bottom 25% of dividend payers in the AR market (0.58%).
High Dividend: WFC's dividend (2.07%) is low compared to the top 25% of dividend payers in the AR market (2.89%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.9%), WFC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WFC's dividends in 3 years are forecast to be well covered by earnings (32% payout ratio).