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Ticker Summary (WFC)

29.76+0.19 (+0.64%)
Open 29.53
High 29.76
Low 29.24
Volume 32,144,218
Market Cap 154.2B
52 Week High 31.53
52 Week Low 11.36
P/E 17.01
F P/E 10.45
EPS 1.75
Dividend 0.20
Yield 0.68%
1 Year Target 32.05

WFC 29.76 +0.64%

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 94 days ago by Tim

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