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Wells Fargo (Wells Fargo) 5-Year Dividend Growth Rate : -9.60% (As of Mar. 2024)


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What is Wells Fargo 5-Year Dividend Growth Rate?

Wells Fargo's Dividends per Share for the three months ended in Mar. 2024 was $0.35.

During the past 12 months, Wells Fargo's average Dividends Per Share Growth Rate was 17.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -9.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Wells Fargo was 79.20% per year. The lowest was -44.70% per year. And the median was 12.75% per year.

Wells Fargo's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.29. As of today, Wells Fargo's Dividend Yield % is 2.29%.

Warning Sign:

Wells Fargo & Co stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Wells Fargo's 5-Year Dividend Growth Rate

For the Banks - Diversified subindustry, Wells Fargo's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wells Fargo's 5-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Wells Fargo's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Wells Fargo's 5-Year Dividend Growth Rate falls into.



Wells Fargo 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Wells Fargo  (NYSE:WFC) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Wells Fargo's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.35/ 1.2
=0.29

During the past 13 years, the highest Dividend Payout Ratio of Wells Fargo was 1.76. The lowest was 0.12. And the median was 0.37.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Wells Fargo Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3500002024-05-092024-05-102024-06-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.3500002024-02-012024-02-022024-03-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.3500002023-11-022023-11-032023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.3500002023-08-032023-08-042023-09-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Wells Fargo's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.4/61.08
=2.29 %

Current Share Price is $61.08.
Wells Fargo's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.4.

During the past 13 years, the highest Dividend Yield of Wells Fargo was 8.63%. The lowest was 0.79%. And the median was 2.71%.

Warning Sign:

Wells Fargo & Co stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Wells Fargo 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Wells Fargo's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Wells Fargo (Wells Fargo) Business Description

Address
420 Montgomery Street, San Francisco, CA, USA, 94104
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.
Executives
Richard K Davis director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Thomas R Nides officer: Vice Chairman C/O WELLS FARGO & COMPANY, 420 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Tracy M Kerrins officer: Sr. Executive Vice President 300 S BREVARD STREET, CHARLOTTE NC 28202
Kyle G Hranicky officer: Sr. Executive Vice President 1000 LOUISIANA STREET, HOUSTON TX 77002
Felicia F Norwood director 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Kleber Santos officer: Sr. Executive Vice President 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Ellen R Patterson officer: Sr. EVP and General Counsel 30 HUDSON YARDS, NEW YORK NY 10001
Kristy Fercho officer: Sr. Executive Vice President 5151 CORPORATE DRIVE, TROY MI 48098
Cecelia Morken director 26025 MUREAU ROAD, CALABASAS CA 91302
Beurden Saul Van officer: Sr. Executive Vice President 150 EAST 42ND STREET, NEW YORK NY 10017
Bei Ling officer: Sr. Executive Vice President 30 HUDSON YARDS, NEW YORK NY 10001
Ather Iii Williams officer: Sr. Executive Vice President 30 HUDSON YARDS, NEW YORK NY 10001
Michael P. Santomassimo officer: Sr. EVP & CFO 225 LIBERTY STREET, NEW YORK NY 10286
Mark A Chancy director 303 PEACHTREE ST., 30TH FLOOR, ATLANTA GA 30308
Lester Owens officer: Sr. Executive Vice President 240 GREENWICH STREET, NEW YORK NY 10286