Wells Fargo Plans to Raise 3Q Dividend
June 27 2022 - 5:55PM
Dow Jones News
By Kathryn Hardison
Wells Fargo & Co. said Monday that it expects to increase
its third-quarter common stock dividend to 30 cents per share from
25 cents a share.
The dividend increase is subject to approval from the company's
board of directors, which is scheduled to meet in July.
The company also completed its 2022 Comprehensive Capital
Analysis and Review stress test process, and it expects its stress
capital buffer to be 3.2%.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
June 27, 2022 17:40 ET (21:40 GMT)
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