Wells Fargo (WFC) will raise its quarterly dividend by 2.6 percent to $0.39 per share. The new dividend will be paid on September 1, 2017 to shareholders of record on August 4, 2017.
Wells Fargo & Company is a diversified financial services company. It provides retail, commercial and corporate banking services through banking locations and offices. Its subsidiaries are engaged in various businesses, including wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, computer and data processing services, investment advisory services, mortgage-backed securities servicing and venture capital investment.