Why Wells Fargo Is A Top 25 Dividend Giant

Wells Fargo has been named as a Top 25 ”Dividend Giant” by ETF Channel, with a stunning $22.92B worth of stock held by ETFs, and above-average ”DividendRank” statistics including a strong 2.18% yield, according to the most recent Dividend Channel ”DividendRank” report. The report noted a strong quarterly dividend history at Wells Fargo, and favorable long-term multi-year growth rates in key fundamental data points.

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The annualized dividend paid by Wells Fargo is $1/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 02/03/2022. Below is a long-term dividend history chart for WFC, which the report stressed as being of key importance. Indeed, studying a company’s past dividend history can be of good help in judging whether the most recent dividend is likely to continue.

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Source: https://www.forbes.com/sites/dividendchannel/2022/03/08/why-wells-fargo-is-a-top-25-dividend-giant/