Wells Fargo Dividends and Buybacks
Dividend criteria checks 0/6
Wells Fargo is a dividend paying company with a current yield of 2.11%. Next payment date is on 1st December, 2024 with an ex-dividend date of 8th November, 2024.
Key information
2.1%
Dividend yield
7.0%
Buyback Yield
| Total Shareholder Yield | 9.1% |
| Future Dividend Yield | 2.5% |
| Dividend Growth | -0.9% |
| Next dividend pay date | 01 Dec 24 |
| Ex dividend date | 08 Nov 24 |
| Dividend per share | US$1.600 |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WFC is not paying a notable dividend for the PE market, therefore no need to check if payments are stable.
Growing Dividend: WFC is not paying a notable dividend for the PE market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
| Wells Fargo Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WFC) | 2.1% |
| Market Bottom 25% (PE) | 3.9% |
| Market Top 25% (PE) | 12.5% |
| Industry Average (Banks) | 6.0% |
| Analyst forecast (WFC) (up to 3 years) | 2.5% |
Notable Dividend: WFC's dividend (2.11%) isn’t notable compared to the bottom 25% of dividend payers in the PE market (3.87%).
High Dividend: WFC's dividend (2.11%) is low compared to the top 25% of dividend payers in the PE market (12.49%).
Current Payout to Shareholders
Earnings Coverage: WFC is not paying a notable dividend for the PE market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WFC's dividend in 3 years as they are not forecast to pay a notable one for the PE market.