WFC Wells Fargo dividend history, payout ratio & dates
Wells Fargo's most recent dividend of $0.4 per share was on Aug 9, 2024 (ex-date). The annualized payout of $1.45 per share represents a current dividend yield of 2.24%. The latest WFC distribution of $0.4 marks a dividend growth of 14%.
Key dates
- WFC last dividend date: Aug 9, 2024
WFC dividend stats
vs. Financial Services sector
Dividend yield
WFC has a dividend yield of 2.24% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.82%, Wells Fargo's dividend yield is 21% lower. The current dividend yield is lower than the historical average of 3.1% of the last 5 years.
Dividend history
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 16% for the last year. But since the stock price has gone up by 61% from a year ago, the dividend yield has decreased by 28%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 9, 2024 | $0.4 | 2.75% |
| May 9, 2024 | $0.35 | 2.28% |
| Feb 1, 2024 | $0.35 | 2.77% |
| Nov 2, 2023 | $0.35 | 3.21% |
| Aug 3, 2023 | $0.35 | 2.77% |
| May 4, 2023 | $0.3 | 3.27% |
| Feb 2, 2023 | $0.3 | 2.43% |
| Nov 3, 2022 | $0.3 | 2.42% |
| Aug 4, 2022 | $0.3 | 2.34% |
| May 5, 2022 | $0.25 | 2.01% |
| Feb 3, 2022 | $0.25 | 1.36% |
| Nov 4, 2021 | $0.2 | 1.19% |
| Aug 5, 2021 | $0.2 | 1.06% |
| May 6, 2021 | $0.1 | 0.86% |
| Feb 4, 2021 | $0.1 | 2.48% |
| Nov 5, 2020 | $0.1 | 5.46% |
| Aug 6, 2020 | $0.1 | 6.72% |
| May 7, 2020 | $0.51 | 8.09% |
| Feb 6, 2020 | $0.51 | 4.13% |
| Nov 7, 2019 | $0.51 | 3.56% |
| Aug 8, 2019 | $0.51 | 3.97% |
| May 9, 2019 | $0.45 | 3.77% |
| Jan 31, 2019 | $0.45 | 3.48% |
| Nov 8, 2018 | $0.43 | 3.09% |
| Aug 9, 2018 | $0.43 | 2.74% |
| May 3, 2018 | $0.39 | 3.03% |
| Feb 1, 2018 | $0.39 | 2.37% |
| Nov 2, 2017 | $0.39 | 2.73% |
| Aug 2, 2017 | $0.39 | 2.85% |
| May 3, 2017 | $0.38 | 2.77% |
| Feb 1, 2017 | $0.38 | 2.72% |
| Nov 2, 2016 | $0.38 | 3.35% |
| Aug 3, 2016 | $0.38 | 3.17% |
| May 4, 2016 | $0.38 | 3.08% |
| Feb 3, 2016 | $0.375 | 3.15% |
| Nov 4, 2015 | $0.375 | 2.7% |
| Aug 5, 2015 | $0.375 | 2.52% |
| May 6, 2015 | $0.375 | 2.59% |
| Feb 4, 2015 | $0.35 | 2.64% |
Wells Fargo dividend payout ratio
Payout ratio
WFC has a payout ratio of 29.4% 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 43.4%, Wells Fargo's payout ratio is 32% lower.
Total amount of dividends paid per financial year (from cash flow)
WFC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| KEY Keycorp | 4.8% | $0.82 | 106.5% |
| RF Regions Financial Corp | 4.1% | $0.97 | 54.8% |
| USB Us Bancorp | 4.06% | $1.97 | 62.7% |
| FHN First Horizon Corp | 3.49% | $0.6 | 49.2% |
| C Citigroup Inc | 3.41% | $2.15 | 58.9% |
| PNC Pnc Financial Services Group Inc | 3.35% | $6.3 | 52.8% |
| GSBC Great Southern Bancorp Inc | 2.75% | $1.6 | 31.7% |
| BAC Bank Of America Corp | 2.31% | $0.98 | 34.1% |
| WFC Wells Fargo & Company | 2.25% | $1.45 | 29.4% |
| JPM Jpmorgan Chase & Co | 2.06% | $4.6 | 25.6% |
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 was WFC's last dividend?
Wells Fargo's last regular dividend was on Aug 9, 2024 (ex-date) with the amount of $0.4 per share.
How much dividend does Wells Fargo pay (per share)?
WFC has paid dividend of $1.45 per share in the last year.
What is Wells Fargo's dividend yield?
Wells Fargo's current dividend yield is 2.24%.
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 29.4%.
Does Wells Fargo pay a good dividend?
Wells Fargo's dividend yield is lower than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.