Wells Fargo & Company Announces Common Stock Dividend

Rhea-AI Summary

Wells Fargo (NYSE: WFC) declared a quarterly dividend of $0.10 per share, payable on June 1, 2021 to stockholders of record by May 7, 2021. The decision was approved by the board of directors. The company has approximately 4.1 billion shares outstanding. With assets around $1.9 trillion, Wells Fargo serves a significant portion of U.S. households and businesses, providing a range of financial services across various segments.

Positive

• Quarterly dividend of $0.10 per share indicates company profitability and commitment to returning value to shareholders.
• Wells Fargo has approximately $1.9 trillion in assets, reflecting strong financial stability.

Negative

• None.

Wells Fargo & Company (NYSE: WFC) today announced a quarterly common stock dividend of $0.10 per share, payable June 1, 2021, to stockholders of record on May 7, 2021, as approved today by the Wells Fargo board of directors. Wells Fargo has approximately 4.1 billion shares outstanding.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) 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 and small businesses 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, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com | Twitter: @WellsFargo.

News Release Category: WF-CF

View source version on businesswire.com: https://www.businesswire.com/news/home/20210427006092/en/

FAQ

What is the dividend amount for Wells Fargo in 2021?

Wells Fargo declared a quarterly dividend of $0.10 per share.

When is the dividend payable for Wells Fargo?

The dividend is payable on June 1, 2021.

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

The record date for the dividend is May 7, 2021.

How many shares outstanding does Wells Fargo have?

Wells Fargo has approximately 4.1 billion shares outstanding.

What are the total assets of Wells Fargo?

Wells Fargo has approximately $1.9 trillion in assets.