Wells Fargo & Company (WFC) Dividends
Dividend Yield and Dividend History Highlights
- WFC has issued more total dividends (as measured in absolute US dollars) over the past six years than 98.11% of other US stocks currently paying dividends.
- WFC has an EBITDA to net debt ratio of 13,657,000,000; for context, that's better than 99.16% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- Currently, WFC generates more cash flow over the 12 months prior than merely 0.37% of US dividend stocks.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with WFC's price: MELI, CAAS, FENG, SQFT and EQIX.
WFC Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $60.37 | $18.79 | -63.24% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Wells Fargo & Company, the dividend discount model StockNews created for the company implies a negative return of 63.24%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Wells Fargo & Company are:
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Financial Services sector, Wells Fargo & Company's expected return of -63.24% is higher than just 14.98% of its fellow sector mates.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, Wells Fargo & Company bears a discount rate, according to our calculations, lower than just 14.98% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for WFC than it is for just 14.59% of other equities in the Financial Services sector that also issue dividends.
- In terms of who is growing the amount of dividends they return to shareholders, Wells Fargo & Company has been increasing its dividends at a faster rate than 6.3% of US-listed dividend-issuing stocks we observed.
WFC Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-02-01 | Dividend | $0.35 | -- |
| 2023-11-02 | Dividend | $0.35 | -- |
| 2023-08-03 | Dividend | $0.35 | +16.67% |
| 2023-05-04 | Dividend | $0.30 | -- |
| 2023-02-02 | Dividend | $0.30 | -- |
| 2022-11-03 | Dividend | $0.30 | -- |
| 2022-08-04 | Dividend | $0.30 | +20.00% |
| 2022-05-05 | Dividend | $0.25 | -- |
| 2022-02-03 | Dividend | $0.25 | +25.00% |
| 2021-11-04 | Dividend | $0.20 | -- |
| 2021-08-05 | Dividend | $0.20 | +100.00% |
| 2021-05-06 | Dividend | $0.10 | -- |
| 2021-02-04 | Dividend | $0.10 | -- |
| 2020-11-05 | Dividend | $0.10 | -- |
| 2020-08-06 | Dividend | $0.10 | -80.39% |
| 2020-05-07 | Dividend | $0.51 | -- |
| 2020-02-06 | Dividend | $0.51 | -- |
| 2019-11-07 | Dividend | $0.51 | -- |
| 2019-08-08 | Dividend | $0.51 | +13.33% |
| 2019-05-09 | Dividend | $0.45 | -- |
| 2019-01-31 | Dividend | $0.45 | +4.65% |
| 2018-11-08 | Dividend | $0.43 | -- |
| 2018-08-09 | Dividend | $0.43 | +10.26% |
| 2018-05-03 | Dividend | $0.39 | -- |
| 2018-02-01 | Dividend | $0.39 | -- |
| 2017-11-02 | Dividend | $0.39 | -- |
| 2017-08-02 | Dividend | $0.39 | +2.63% |
| 2017-05-03 | Dividend | $0.38 | -- |
| 2017-02-01 | Dividend | $0.38 | -- |
| 2016-11-02 | Dividend | $0.38 | -- |
| 2016-08-03 | Dividend | $0.38 | -- |
| 2016-05-04 | Dividend | $0.38 | +1.33% |
| 2016-02-03 | Dividend | $0.38 | -- |
| 2015-11-04 | Dividend | $0.38 | -- |
| 2015-08-05 | Dividend | $0.38 | -- |
| 2015-05-06 | Dividend | $0.38 | +7.14% |
| 2015-02-04 | Dividend | $0.35 | -- |
| 2014-11-05 | Dividend | $0.35 | -- |
| 2014-08-06 | Dividend | $0.35 | -- |
| 2014-05-07 | Dividend | $0.35 | +16.67% |
| 2014-02-05 | Dividend | $0.30 | -- |
| 2013-11-06 | Dividend | $0.30 | -- |
| 2013-08-07 | Dividend | $0.30 | -- |
| 2013-05-08 | Dividend | $0.30 | +20.00% |
| 2013-01-30 | Dividend | $0.25 | +13.64% |
| 2012-11-07 | Dividend | $0.22 | -- |
| 2012-08-08 | Dividend | $0.22 | -- |
| 2012-05-02 | Dividend | $0.22 | +120.00% |
| 2012-03-22 | Dividend | $0.10 | -16.67% |
| 2012-02-01 | Dividend | $0.12 | -- |
| 2011-11-02 | Dividend | $0.12 | -- |
| 2011-08-03 | Dividend | $0.12 | -- |
| 2011-05-04 | Dividend | $0.12 | +71.43% |
| 2011-03-24 | Dividend | $0.07 | +40.00% |
| 2011-02-02 | Dividend | $0.05 | -- |
| 2010-11-03 | Dividend | $0.05 | -- |
| 2010-08-04 | Dividend | $0.05 | -- |
| 2010-05-05 | Dividend | $0.05 | -- |
| 2010-02-03 | Dividend | $0.05 | -- |
| 2009-11-04 | Dividend | $0.05 | -- |
| 2009-08-05 | Dividend | $0.05 | -- |
| 2009-05-06 | Dividend | $0.05 | -85.29% |
| 2009-02-04 | Dividend | $0.34 | -- |
| 2008-11-05 | Dividend | $0.34 | -- |
| 2008-08-06 | Dividend | $0.34 | +9.68% |
| 2008-05-07 | Dividend | $0.31 | -- |
| 2008-02-06 | Dividend | $0.31 | -- |
| 2007-11-07 | Dividend | $0.31 | -- |
| 2007-08-08 | Dividend | $0.31 | +10.71% |
| 2007-05-02 | Dividend | $0.28 | -- |
| 2007-01-31 | Dividend | $0.28 | -- |
| 2006-11-01 | Dividend | $0.28 | -- |
| 2006-08-14 | Split | 2-1-for-1 Stock Split | N/A |
| 2006-08-02 | Dividend | $0.56 | +7.69% |
| 2006-05-03 | Dividend | $0.52 | -- |
| 2006-02-01 | Dividend | $0.52 | -- |
| 2005-11-02 | Dividend | $0.52 | -- |
| 2005-08-03 | Dividend | $0.52 | +8.33% |
| 2005-05-04 | Dividend | $0.48 | -- |
| 2005-02-02 | Dividend | $0.48 | -- |
| 2004-11-03 | Dividend | $0.48 | -- |
| 2004-08-04 | Dividend | $0.48 | +6.67% |
| 2004-05-05 | Dividend | $0.45 | -- |
| 2004-02-04 | Dividend | $0.45 | -- |
| 2003-11-05 | Dividend | $0.45 | -- |
| 2003-08-06 | Dividend | $0.45 | +50.00% |
| 2003-05-07 | Dividend | $0.30 | -- |
| 2003-02-05 | Dividend | $0.30 | +7.14% |
| 2002-11-06 | Dividend | $0.28 | -- |
| 2002-08-07 | Dividend | $0.28 | -- |
| 2002-05-08 | Dividend | $0.28 | +7.69% |
| 2002-01-30 | Dividend | $0.26 | -- |
| 2001-11-07 | Dividend | $0.26 | -- |
| 2001-08-08 | Dividend | $0.26 | +8.33% |
| 2001-05-02 | Dividend | $0.24 | -- |
| 2001-01-31 | Dividend | $0.24 | -- |
| 2000-11-01 | Dividend | $0.24 | +9.09% |
| 2000-08-02 | Dividend | $0.22 | -- |
| 2000-05-03 | Dividend | $0.22 | -- |
| 2000-02-02 | Dividend | $0.22 | +10.00% |
| 1999-11-03 | Dividend | $0.20 | +100.00% |
| 1999-08-04 | Dividend | $0.10 | -- |
| 1999-05-05 | Dividend | $0.10 | +8.11% |
| 1999-02-03 | Dividend | $0.09 | +900.00% |
| 1998-11-03 | Split | 10-1-for-1 Stock Split | N/A |
| 1998-10-28 | Dividend | $0.09 | -- |
| 1998-08-05 | Dividend | $0.09 | +12.12% |
| 1998-05-06 | Dividend | $0.08 | -- |
| 1998-02-04 | Dividend | $0.08 | -- |
| 1997-11-05 | Dividend | $0.08 | +10.00% |
| 1997-08-06 | Dividend | $0.08 | -- |
| 1997-05-07 | Dividend | $0.08 | -- |
| 1997-02-05 | Dividend | $0.08 | +11.11% |
| 1996-11-06 | Dividend | $0.07 | -- |
| 1996-08-07 | Dividend | $0.07 | -- |
| 1996-05-08 | Dividend | $0.07 | +12.50% |
| 1996-01-31 | Dividend | $0.06 | -- |
| 1995-11-01 | Dividend | $0.06 | -- |
| 1995-08-02 | Dividend | $0.06 | +14.29% |
| 1995-05-01 | Dividend | $0.05 | -- |
| 1995-01-30 | Dividend | $0.05 | -- |
| 1994-10-31 | Dividend | $0.05 | +13.51% |
| 1994-08-01 | Dividend | $0.05 | -- |
| 1994-05-02 | Dividend | $0.05 | -- |
| 1994-01-31 | Dividend | $0.05 | +12.12% |
| 1993-11-01 | Dividend | $0.04 | -- |
| 1993-08-02 | Dividend | $0.04 | -- |
| 1993-05-03 | Dividend | $0.04 | +13.79% |
| 1993-02-01 | Dividend | $0.04 | -- |
| 1992-11-02 | Dividend | $0.04 | -- |
| 1992-08-03 | Dividend | $0.04 | +16.00% |
| 1992-05-04 | Dividend | $0.03 | -- |
| 1992-02-03 | Dividend | $0.03 | -- |
| 1991-11-04 | Dividend | $0.03 | +8.70% |
| 1991-08-05 | Dividend | $0.03 | -- |
| 1991-05-06 | Dividend | $0.03 | -- |
| 1991-01-28 | Dividend | $0.03 | -- |
| 1990-11-05 | Dividend | $0.03 | +12.22% |
| 1990-08-06 | Dividend | $0.03 | -- |
| 1990-04-30 | Dividend | $0.03 | -- |
| 1990-01-29 | Dividend | $0.03 | -- |
| 1989-10-30 | Dividend | $0.03 | +10.81% |
| 1989-07-31 | Dividend | $0.02 | -- |
| 1989-05-01 | Dividend | $0.02 | -- |
| 1989-01-30 | Dividend | $0.02 | +11.42% |
| 1988-10-31 | Dividend | $0.02 | -- |
| 1988-08-01 | Dividend | $0.02 | -0.38% |
| 1988-05-02 | Dividend | $0.02 | +11.09% |
| 1988-02-01 | Dividend | $0.02 | -- |
WFC Dividends vs. Peers
WFC's dividend yield currently ranks #3 of 12 vs. its peers in the Money Center Banks category.
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | PNC | PNC Financial Services Group Inc. | 0.00% |
| 2 | JPM | JPMorgan Chase & Co. | 0.00% |
| 3 | WFC | Wells Fargo & Company | 0.00% |
| 4 | CMA | Comerica Incorporated | 0.00% |
| 5 | FRC | First Republic Bank | 0.00% |
| 6 | MTB | M&T Bank Corp. | 0.00% |
| 7 | WTBFA | WTB Financial Corporation | 0.00% |
| 8 | STI | SunTrust Banks, Inc. | 0.00% |
| 9 | C | Citigroup Inc. | 0.00% |
| 10 | USB | U.S. Bancorp | 0.00% |
| 11 | BAC | Bank of America Corp. | 0.00% |
| 12 | USCB | U.S. Century Bank | 0.00% |
Looking for More Information on WFC dividends?
Here are a few links from around the web to help you further your research on Wells Fargo & Company and its dividends:Wells Fargo & Company Common Stock (WFC) Dividend History | Nasdaq
Dividend History for Wells Fargo & Company (WFC) - Dividend Investor
Wells Fargo & Company (WFC) Dividend History - Seeking Alpha