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Wells Fargo (Wells Fargo) Dividend Yield %

: 5.96% (As of Today)
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As of today (2024-04-18), the Trailing Annual Dividend Yield of Wells Fargo is 5.96%.

Warning Sign:

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

The historical rank and industry rank for Wells Fargo's Dividend Yield % or its related term are showing as below:

WFCpY.PFD' s Dividend Yield % Range Over the Past 10 Years
Min: 0.79   Med: 2.71   Max: 8.63
Current: 5.96

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%.

WFCpY.PFD's Dividend Yield % is ranked worse than
78.6% of 1201 companies
in the Banks industry
Industry Median: 4.03 vs WFCpY.PFD: 5.96

Wells Fargo's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

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.

As of today (2024-04-18), the Forward Dividend Yield % of Wells Fargo is 5.96%.

Wells Fargo's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, Wells Fargo's average Dividends Per Share Growth Rate was 18.20% 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.

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.

The growth rate is calculated with least square regression.

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


Wells Fargo Dividend Yield % Historical Data

The historical data trend for Wells Fargo's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Wells Fargo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Wells Fargo Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Banks - Diversified subindustry, Wells Fargo's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution

For the Banks industry and Financial Services sector, Wells Fargo's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Wells Fargo's Dividend Yield % falls into.



Wells Fargo Dividend Yield % Calculation

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 0.3522024-02-282024-02-292024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3522023-11-292023-11-302023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3522023-08-302023-08-312023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3522023-05-302023-05-312023-06-15Cash 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.408/23.47
=6.00 %

Current Share Price is $23.47.
Wells Fargo's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.408.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.408/23.47
=6.00 %

Current Share Price is $23.47.
Wells Fargo's Dividends per Share for the forward twelve months is calculated as $0.352 * 4 = $1.408.

* 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  (NYSE:WFCpY.PFD) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Wells Fargo Dividend Yield % Related Terms

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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.