Wells Fargo dividend calculator – Wells Fargo declares quarterly dividend of $0.30 per share

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Wells Fargo Intrinsic Value – Wells Fargo ($NYSE:WFC) and Company is a financial institution that offers a variety of banking, mortgage, investment, and insurance products and services. The company has declared a quarterly dividend of $0.30 per share, in line with previous quarters. The dividend is payable on December 1st to shareholders of record on November 4th, with an ex-dividend date of November 3rd.

This dividend represents a return of capital to shareholders and is an indication of the company’s confidence in its future prospects. Wells Fargo has a history of strong financial performance, and the dividend payout is just one way in which the company shares its success with shareholders. The December 1st dividend payment will be the fourth quarter’s dividend for Wells Fargo.

Dividends – Wells Fargo dividend calculator

Wells Fargo‘s dividend yield for 2020 is 3.95%. This is higher than the average dividend yield of 2.4% for the last three years. However, it is lower than the yield of 1.4% for the last quarter. If you are looking for dividend stocks, you may want to consider adding Wells Fargo to your list.

Share Price

This news has been met with mostly positive sentiment from investors. On Tuesday, WELLS FARGO stock opened at $44.8 and closed at $45.4, up by 0.4% from prior closing price of 45.2. This trend indicates that investors are confident in the company’s future despite recent challenges.

VI Analysis – Wells Fargo Intrinsic Value

VI app’s simple analysis of WELLS FARGO‘s fundamentals reflects its long term potential. The intrinsic value of WELLS FARGO shares is around $40.8, calculated by VI Line. Now WELLS FARGO stock is traded at $45.4, a fair price that is overvalued by 11%.

VI Peers

JPMorgan Chase & Co, Bank of America Corp, Citigroup Inc are its main competitors.

– JPMorgan Chase & Co ($NYSE:JPM)

JPMorgan Chase & Co is a financial holding company. Through its subsidiaries, the firm provides investment banking, financial services. JPMorgan Chase & Co has a market cap of 369.23B as of 2022. The company has operations in more than 60 countries and serves more than 30 million customers globally.

– Bank of America Corp ($NYSE:BAC)

Bank of America Corp is an American multinational investment bank and financial services company with a market cap of 289.13B as of 2022. The company provides services such as investment banking, wealth management, and retail banking to clients all over the world. Bank of America is one of the “Big Four” banks in the United States, along with JPMorgan Chase, Citigroup, and Wells Fargo.

– Citigroup Inc ($NYSE:C)

Citigroup Inc. is an American multinational investment bank and financial services corporation with a market cap of 88.82B as of 2022. The company has operations in more than 160 countries and serves more than 200 million customers. Citigroup’s businesses include consumer banking, corporate banking, investment banking, and wealth management. The company was founded in 1812 and is headquartered in New York City.

Summary

The company offers a wide range of banking and financial services, including retail and commercial banking, investment banking, mortgage banking, and wealth management. The company has a strong focus on customer service and providing a comprehensive range of products and services to meet customer needs. Investing in Wells Fargo can be a good way to gain exposure to the U.S. financial sector.

The company has a strong track record of profitability and is well-positioned to benefit from the ongoing growth in the U.S. economy. Wells Fargo is also a dividend-paying stock, and its shares have outperformed the broader market over the long term.