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WFC Wells Fargo dividend history, payout ratio & dates

  1. Stocks
  2. Financial Services
  3. NYSE: WFC
  4. Dividend

Wells Fargo's most recent quarterly dividend of $0.35 per share was on Feb 1, 2024 (ex-date). The annualized payout of $1.35 per share represents a current dividend yield of 2.22%.

Key dates

  • WFC last dividend date: Feb 1, 2024
  • WFC next dividend date: Not announced
Peer dividends: USB PNC JPM BAC C RF KEY FHN GSBC
WFC dividend stats
DPS
$1.35
Dividend yield
2.23%
Payout ratio
27.7%
vs. Financial Services sector
Dividend yield
3.38%
Payout ratio
39.5%

Dividend yield

What is Wells Fargo current dividend yield

WFC has a dividend yield of 2.22% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 3.38%, Wells Fargo's dividend yield is 34% lower. The current dividend yield is lower than the historical average of 3.2% of the last 5 years.

Dividend history

What is WFC dividend payout history and dates

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 17% for the last year. But since the stock price has gone up by 48% from a year ago, the dividend yield has decreased by 20%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 1, 2024 Mar 1, 2024 Jan 23, 2024 $0.35 normal
Nov 2, 2023 Dec 1, 2023 Oct 24, 2023 $0.35 normal
Aug 3, 2023 Sep 1, 2023 Jul 25, 2023 $0.35 normal
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

Wells Fargo dividend payout ratio

What is Wells Fargo dividend payout ratio compared to the sector

Payout ratio

WFC has a payout ratio of 27.7% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 39.5%, Wells Fargo's payout ratio is 30% lower.

Total amount of dividends paid per financial year (from cash flow)

WFC dividend vs peer dividends

How does WFC dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
KEY Keycorp 5.49% $0.82 92.1%
USB Us Bancorp 4.66% $1.94 59.3%
RF Regions Financial Corp 4.65% $0.92 43.6%
FHN First Horizon Corp 4.02% $0.6 38%
PNC Pnc Financial Services Group Inc 3.92% $6.2 48.4%
C Citigroup Inc 3.36% $2.1 51.6%
GSBC Great Southern Bancorp Inc 2.98% $1.6 28.3%
BAC Bank Of America Corp 2.45% $0.94 30.3%
WFC Wells Fargo & Company 2.23% $1.35 27.7%
JPM Jpmorgan Chase & Co 2.2% $4.25 26.2%

Frequently asked questions

Does Wells Fargo pay a dividend?

Yes, Wells Fargo has paid four dividends in the last 12 months. WFC has been paying dividends since 1994.

When is Wells Fargo's next dividend?

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 May 2024.

When was WFC's last dividend?

Wells Fargo's last regular dividend was on Feb 1, 2024 (ex-date) with the amount of $0.35 per share.

How much dividend does Wells Fargo pay (per share)?

WFC has paid dividend of $1.35 per share in the last year.

What is Wells Fargo's dividend yield?

Wells Fargo's current dividend yield is 2.22%.

How often does Wells Fargo pay dividends?

Wells Fargo pays four dividends per year.

What is Wells Fargo's dividend payout ratio?

Wells Fargo's dividend payout ratio is 27.7%.

Does Wells Fargo pay a good dividend?

Wells Fargo's dividend yield is lower than the Financial Services sector average.