Wells Fargo & Company Announces Common Stock Dividend

Rhea-AI Summary

Wells Fargo & Company (NYSE: WFC) has declared a quarterly dividend of $0.10 per share, scheduled for payment on March 1, 2021. This dividend applies to shareholders on record as of February 5, 2021. The company has approximately 4.1 billion shares outstanding. Wells Fargo, with about $1.9 trillion in assets, serves one in three U.S. households, highlighting its significant footprint in the financial services sector.

Positive

• Declared a quarterly dividend of $0.10 per share, signaling confidence in financial stability.
• Large shareholder base with approximately 4.1 billion shares outstanding.
• Assets totaling around $1.9 trillion, reflecting robust company size and market presence.

Negative

• None.

Wells Fargo & Company (NYSE: WFC) today announced a quarterly common stock dividend of $0.10 per share, payable March 1, 2021, to stockholders of record on Feb. 5, 2021, as approved today by the Wells Fargo board of directors. Wells Fargo has approximately 4.1 billion shares outstanding.

Lobby of an office building facing the entrance with persons walking into the building. (Photo: Wells Fargo)

About Wells Fargo

Wells Fargo & Company is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies 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 and Investment Management. Wells Fargo ranked No. 30 on Fortune’s 2020 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 Release Category: WF-CF

View source version on businesswire.com: https://www.businesswire.com/news/home/20210126006005/en/

FAQ

What is the dividend amount for Wells Fargo in 2021?

Wells Fargo declared a dividend of $0.10 per share.

When is the Wells Fargo dividend payment date?

The dividend will be paid on March 1, 2021.

When is the record date for Wells Fargo's dividend?

The record date for the dividend is February 5, 2021.

How many shares are outstanding for Wells Fargo?

Wells Fargo has approximately 4.1 billion shares outstanding.

How much in assets does Wells Fargo hold?

Wells Fargo holds about $1.9 trillion in assets.