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Ticker Summary (WFC)

30.38+0.09 (+0.30%)
Open 30.50
High 30.54
Low 29.96
Volume 53,781,712
Market Cap 157.4B
52 Week High 31.53
52 Week Low 13.37
P/E 17.36
F P/E 10.70
EPS 1.75
Dividend 0.20
Yield 0.66%
1 Year Target 32.48

WFC 30.38 +0.30%

Wells Fargo Increases its Dividend (www.smartmoney.com)

Despite all of the bad news in the financial markets, Wells Fargo actually increased their quarterly dividend to 34 cents a share from 31 cents a share. The bank reported a 23% decrease in second quarter earnings as it set aside $3 billion for loan losses. Its net income was 43 cents a share higher then analysts' forecasts.

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2 years 102 days ago by Tim

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