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Wells Fargo & Company Announces Common Stock Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Wells Fargo & Company (NYSE: WFC) has declared a quarterly common stock dividend of $0.30 per share, set to be paid on December 1, 2022, to shareholders on record as of November 4, 2022. This decision was approved by the company's board of directors. As a major financial services provider with approximately $1.9 trillion in assets, Wells Fargo serves one in three U.S. households and over 10% of small businesses, offering a range of banking and investment products.
Positive
Quarterly common stock dividend of $0.30 per share approved.
Dividend payment date set for December 1, 2022.
Negative
None.
SAN FRANCISCO--(BUSINESS WIRE)--
Wells Fargo & Company (NYSE: WFC) today announced a quarterly common stock dividend of $0.30 per share, payable Dec. 1, 2022, to stockholders of record on Nov. 4, 2022, as approved today by the Wells Fargo board of directors.
Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo)
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.
