Wells Fargo & Company Dividends
The next dividend date for Wells Fargo & Company has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Wells Fargo & Company (WFC-PC)
More About Wells Fargo & Company
Wells Fargo & Company, a financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services, such as corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services to corporate, commercial real estate, government, and institutional clients. The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients. It also operates through financial advisors in brokerage and wealth offices, consumer bank branches, independent offices, and digitally through WellsTrade and Intuitive Investor. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.
Owning Wells Fargo & Company Stock on the Dividend Date
If you own Wells Fargo & Company stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Wells Fargo & Company stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Wells Fargo & Company stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Wells Fargo & Company stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Wells Fargo & Company dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Wells Fargo & Company Dividends
You can contact us any time if you would like to ask questions about Wells Fargo & Company dividends or anything else related to the stock market.