Wells Fargo's most recent quarterly dividend of $0.3 per share was on May 4, 2023 (ex-date). The annualized payout of $1.2 per share represents a current dividend yield of 3.01%.
WFC has a dividend yield of 3.01% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 3.91%, Wells Fargo's dividend yield is 23% lower. The current dividend yield is lower than the historical average of 3.2% of the last 5 years.
Wells Fargo has a history of paying dividends since 1994. Our records of WFC show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has an increase of 33% for the last year. And since the stock price has gone down by 13% from a year ago, the dividend yield has an increase of 53%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
May 4, 2023 | Jun 1, 2023 | Apr 25, 2023 | $0.3 | normal |
Feb 2, 2023 | Mar 1, 2023 | Jan 24, 2023 | $0.3 | normal |
Nov 3, 2022 | Dec 1, 2022 | Oct 25, 2022 | $0.3 | normal |
Aug 4, 2022 | Sep 1, 2022 | Jul 26, 2022 | $0.3 | normal |
May 5, 2022 | Jun 1, 2022 | Apr 26, 2022 | $0.25 | normal |
Feb 3, 2022 | Mar 1, 2022 | Jan 25, 2022 | $0.25 | normal |
Nov 4, 2021 | Dec 1, 2021 | Oct 26, 2021 | $0.2 | normal |
Aug 5, 2021 | Sep 1, 2021 | Jul 27, 2021 | $0.2 | normal |
May 6, 2021 | Jun 1, 2021 | Apr 27, 2021 | $0.1 | normal |
Feb 4, 2021 | Mar 1, 2021 | Jan 26, 2021 | $0.1 | normal |
Nov 5, 2020 | Dec 1, 2020 | Oct 27, 2020 | $0.1 | normal |
Aug 6, 2020 | Sep 1, 2020 | Jul 28, 2020 | $0.1 | normal |
May 7, 2020 | Jun 1, 2020 | Apr 28, 2020 | $0.51 | normal |
Feb 6, 2020 | Mar 1, 2020 | Jan 28, 2020 | $0.51 | normal |
Nov 7, 2019 | Dec 1, 2019 | Oct 22, 2019 | $0.51 | normal |
Aug 8, 2019 | Sep 1, 2019 | Jul 23, 2019 | $0.51 | normal |
May 9, 2019 | Jun 1, 2019 | Apr 23, 2019 | $0.45 | normal |
Jan 31, 2019 | Mar 1, 2019 | Jan 22, 2019 | $0.45 | normal |
Nov 8, 2018 | Dec 1, 2018 | Oct 23, 2018 | $0.43 | normal |
Aug 9, 2018 | Sep 1, 2018 | Jul 24, 2018 | $0.43 | normal |
May 3, 2018 | Jun 1, 2018 | Apr 24, 2018 | $0.39 | normal |
Feb 1, 2018 | Mar 1, 2018 | Jan 23, 2018 | $0.39 | normal |
Nov 2, 2017 | Dec 1, 2017 | Oct 24, 2017 | $0.39 | normal |
Aug 2, 2017 | Sep 1, 2017 | Jul 25, 2017 | $0.39 | normal |
May 3, 2017 | Jun 1, 2017 | Apr 25, 2017 | $0.38 | normal |
Feb 1, 2017 | Mar 1, 2017 | Jan 24, 2017 | $0.38 | normal |
Nov 2, 2016 | Dec 1, 2016 | Oct 25, 2016 | $0.38 | normal |
Aug 3, 2016 | Sep 1, 2016 | Jul 26, 2016 | $0.38 | normal |
May 4, 2016 | Jun 1, 2016 | Apr 26, 2016 | $0.38 | normal |
Feb 3, 2016 | Mar 1, 2016 | Jan 26, 2016 | $0.375 | normal |
Nov 4, 2015 | Dec 1, 2015 | Oct 27, 2015 | $0.375 | normal |
Aug 5, 2015 | Sep 1, 2015 | Jul 28, 2015 | $0.375 | normal |
WFC has a payout ratio of 34% which is higher than the Financial Services sector and the industry average but lower than its peers average. If we compare it with the Financial Services sector average of 32.1%, Wells Fargo's payout ratio is 6% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
KEY Keycorp | 8.67% | $0.81 | 45.5% |
USB Us Bancorp | 6.35% | $1.9 | 50.7% |
FHN First Horizon Corp | 5.82% | $0.6 | 34.9% |
PNC Pnc Financial Services Group Inc | 5.18% | $6 | 41% |
C Citigroup Inc | 4.6% | $2.04 | 28.3% |
RF Regions Financial Corp | 4.46% | $0.77 | 32.6% |
GSBC Great Southern Bancorp Inc | 3.29% | $1.6 | 24.8% |
BAC Bank Of America Corp | 3.13% | $0.87 | 26% |
WFC Wells Fargo & Company | 3.01% | $1.2 | 34% |
JPM Jpmorgan Chase & Co | 2.95% | $4 | 29.5% |
Yes, Wells Fargo has paid four dividends in the last 12 months. WFC has been paying dividends since 1994.
WFC hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in August 2023.
Wells Fargo's last regular dividend was on May 4, 2023 (ex-date) with the amount of $0.3 per share.
WFC has paid dividend of $1.2 per share in the last year.
Wells Fargo's current dividend yield is 3.01%.
Wells Fargo pays four dividends per year.
Wells Fargo's dividend payout ratio is 34%.
Wells Fargo's dividend yield is lower than the Financial Services sector average.