Wells Fargo & Co Named Top 25 Dividend Giant with $34.40B Held by ETFs

Wells Fargo & Co (WFC) is a top 25 dividend giant with $34.40B in stock held by ETFs. The company has a 2.20% yield and a strong quarterly dividend history. The annualized dividend paid by WFC is $1.8/share, paid in quarterly installments. The report emphasizes the importance of studying a company's past dividend history in predicting future dividend payments.

Wells Fargo & Co (WFC) is a prominent financial services company with a substantial dividend yield of 2.20%, making it a top 25 dividend giant. The company has a robust quarterly dividend history, with $34.40 billion in stock held by ETFs. The annualized dividend paid by WFC is $1.8 per share, distributed in quarterly installments.

The recent increase in the quarterly dividend highlights the company's commitment to shareholder value. On July 29, 2025, Wells Fargo's board of directors approved a quarterly common stock dividend of $0.45 per share, payable on September 1, 2025, to stockholders of record on August 8, 2025. This represents a 12.5% increase from the prior quarter's dividend [2].

Wells Fargo's dividend yield is well-covered by earnings, with a payout ratio of 27.1%, indicating that the company's dividend payments are sustainable. The future dividend coverage is also forecast to be well-covered by earnings, with a projected payout ratio of 30.4% over the next three years [1].

The company's dividend growth has been stable over the past decade, with a compound annual growth rate (CAGR) of 2.7%. This stability suggests that Wells Fargo's dividend payments are likely to continue in the future. Analysts forecast the dividend yield to remain at 2.7% over the next three years, indicating a positive outlook for the company's dividend payments [1].

Wells Fargo's strong quarterly dividend history is an important factor for investors to consider. The company's consistent dividend payments and strong earnings coverage provide a solid foundation for future dividend growth. Additionally, the company's large asset base and diversified business model contribute to its financial stability and ability to maintain its dividend payments.

References:
[1] https://simplywall.st/stocks/us/banks/nyse-wfc/wells-fargo/dividend
[2] https://www.businesswire.com/news/home/20250729537472/en/Wells-Fargo-Company-Increases-Common-Stock-Dividend