Wells Fargo Dividend
Dividend criteria checks 4/6
Wells Fargo is a dividend paying company with a current yield of 2.33% that is well covered by earnings. Next payment date is on 1st September, 2024 with an ex-dividend date of 9th August, 2024.
Key information
2.3%
Dividend yield
28%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 01 Sep 24 |
| Ex dividend date | 09 Aug 24 |
| Dividend per share | US$1.400 |
| Earnings per share | US$5.16 |
| Dividend yield forecast in 3Y | 3.1% |
Recent dividend updates
Recent updates
Wells 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 29Comparing Wells Fargo Series CC And DD Preferred Stocks
Mar 16Wells Fargo: A 6.2% Preferred Dividend Yield While Waiting For Decreasing Rates
Feb 03Wells Fargo: Not Much To Be Excited About
Jan 26Wells Fargo: Looking Even Uglier Under The Hood
Jan 19Upcoming Dividend Payment
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) | 2.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 2.7% |
| Analyst forecast in 3 Years (WFC) | 3.1% |
Notable Dividend: WFC's dividend (2.33%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: WFC's dividend (2.33%) is low compared to the top 25% of dividend payers in the US market (4.31%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.5%), 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 (30.9% payout ratio).