After the big dividend cut last year, Wells Fargo paid a quarterly dividend of $0.10 per common share, which suggests an annual dividend of $0.40 per share. With the stock recently trading at $43, Wells Fargo has a dividend yield of less than 1%, which is too low.
Is Wells Fargo a good dividend stock?
Currently trading around $43.50 per share, an $0.80 annualized dividend gives the bank a roughly 1.8% dividend yield, which is still toward the lower end of where its peers are, but much more in line. In terms of payout ratio, analysts on average expect Wells Fargo to generate earnings per share (EPS) of $3.82 in 2021.
What is the highest Wells Fargo stock price?
The latest closing stock price for Wells Fargo as of August 06, 2021 is 48.77.
- The all-time high Wells Fargo stock closing price was 65.93 on January 26, 2018.
- The Wells Fargo 52-week high stock price is 48.99, which is 0.5% above the current share price.
What stock paid the highest dividend?
Here’s a look at the seven highest dividend-paying stocks in the S&P 500, in ascending order, ranked by dividend yield.
- Iron Mountain (ticker: IRM) …
- Kinder Morgan (KMI) …
- AT&T (T) …
- Williams Cos. ( …
- Altria Group (MO) …
- Oneok (OKE) …
- Lumen Technologies (LUMN)
What is the best bank stock to buy right now?
Best Bank Stocks to Buy
- JPMorgan Chase (NYSE: JPM)
- Bank of America (NYSE: BAC)
- Wells Fargo (NYSE: WFC)
- Citigroup (NYSE: C)
- U.S. Bancorp (NYSE: USB)
Is Wells Fargo a buy now?
WFC Stock Price
Shares of Wells Fargo currently trade for $44.87. The average 12-month price target of 22 analysts is $45.55. Following the last quarterly earnings release less than a week ago, one analyst provided a price target of $50, and the CFRA analyst upgraded the stock from a hold to a buy.
What is Apple stock dividend?
|April 30, 2020||May 11, 2020||$.82|
|January 28, 2020||February 10, 2020||$.77|
|October 30, 2019||November 11, 2019||$.77|
|July 30, 2019||August 12, 2019||$.77|
How often does Wells Fargo pay?
At Wells Fargo we get paid on a bi-weekly period. Bonuses are quarterly. Every 2 weeks.
How many times has Wells Fargo stock split?
According to our Wells Fargo and stock split history records, Wells Fargo and has had 6 splits.
Is Wells Fargo good bank?
Wells Fargo is an excellent bank for those looking for both local branch access and digital banking services. The bank’s interest rates on most of its accounts leave a lot to be desired compared to the best online banks, but they are comparable to other national banks.
How long do you have to hold a stock to get a dividend?
In the simplest sense, you only need to own a stock for two business days to get a dividend payout. Technically, you could even buy a stock with one second left before the market close and still be entitled to the dividend when the market opens two business days later.