Wells Fargo Dividends and Buybacks
Dividend criteria checks 4/6
Wells Fargo is a dividend paying company with a current yield of 2.2% 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
2.2%
Dividend yield
7.3%
Buyback Yield
| Total Shareholder Yield | 9.5% |
| Future Dividend Yield | 2.6% |
| Dividend Growth | -0.8% |
| 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
Wells Fargo Q3 Earnings Preview: Stock Attractive As Interest Rates Fall
Oct 07Wells Fargo: A Stable Dividend Payer With Growth In Fees-Driven Segments
Oct 01Wells Fargo's New Enforcement Action Pushes Back The Asset Cap Lifting Timeline (Rating Downgrade)
Sep 19Wells Fargo: Too Much Uncertainty
Aug 29Wells Fargo (NYSE:WFC) Is Increasing Its Dividend To $0.40
Jul 31
Wells Fargo: Q2 Earnings Suggest NII Drops Are Bottoming (Rating Upgrade)
Jul 17Wells Fargo: Manageable Near-Term Risks And Meaningful Longer-Term Potential
Jul 01Wells Fargo: Adding Duration To My Portfolio With A 6.3% Yielding Preferred
Jun 22Is Now The Time To Put Wells Fargo (NYSE:WFC) On Your Watchlist?
Jun 10Wells Fargo Continues To Grow Despite Its Past
May 30Wells Fargo: Uneven Q1 Results Point To A Hold
May 21Here's Why Shareholders May Want To Be Cautious With Increasing Wells Fargo & Company's (NYSE:WFC) CEO Pay Packet
Apr 24Wells Fargo: Limited Upside In 2024
Apr 20Wells Fargo: Strong Q1 Earnings Will Lead To Further Outperformance
Apr 13Wells Fargo Stock: It Was A Nice Rally, But Some Risks Remain (Rating Downgrade)
Apr 05Wells Fargo's 6.2% Preferreds: An Oasis In The Desert
Mar 29Stability 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) | 2.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Banks) | 2.6% |
| Analyst forecast (WFC) (up to 3 years) | 2.6% |
Notable Dividend: WFC's dividend (2.2%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: WFC's dividend (2.2%) is low compared to the top 25% of dividend payers in the US market (4.35%).
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).