Wells Fargo Stock – Wells Fargo & Company (NYSE: WFC) is a prominent American multinational financial services company headquartered in San Francisco, California.
Wells Fargo Stock
Here is a detailed description of Wells Fargo stock:
- Company Overview: Wells Fargo is one of the largest banks in the United States, offering a wide range of banking, mortgage, investment, and consumer finance services through its extensive network of branches and online platforms.
- Stock Exchange Listing: Wells Fargo stock is listed and traded on the New York Stock Exchange (NYSE) under the ticker symbol WFC.
- Market Capitalization: As of the latest available data, Wells Fargo has a significant market capitalization, reflecting its stature in the financial services sector.
- Dividend Payment: Wells Fargo has historically paid dividends to its shareholders. The dividend amount and frequency are subject to approval by the company’s board of directors and may vary based on financial performance and market conditions.
- Shareholder Base: Wells Fargo has a diverse shareholder base, including institutional investors, mutual funds, individual investors, and possibly employees through stock ownership programs.
- Financial Performance: The performance of Wells Fargo stock is influenced by various factors, including the overall economy, interest rates, regulatory environment, and the company’s operational results. Investors typically track key financial metrics such as earnings per share (EPS), revenue growth, and return on equity (ROE).
- Corporate Governance: Wells Fargo adheres to corporate governance principles and regulations applicable to publicly traded companies in the United States. This includes transparency in financial reporting and compliance with Securities and Exchange Commission (SEC) requirements.
- Stock Price Volatility: Like most publicly traded stocks, Wells Fargo’s stock price can experience volatility due to market dynamics, economic conditions, company-specific news, and broader industry trends.
- Investor Relations: Wells Fargo maintains an investor relations website providing detailed financial information, including annual reports, SEC filings, investor presentations, and corporate governance practices. This platform serves as a resource for current and potential investors seeking to understand the company’s financial health and strategic direction.
- Long-Term Investment: Wells Fargo stock may appeal to investors seeking exposure to the financial services sector with a focus on banking and consumer finance. Potential investors often consider factors such as the company’s competitive position, growth prospects, dividend policy, and risk management practices before making investment decisions.
Investing in Wells Fargo company stock involves assessing both the potential rewards and risks associated with owning shares in a large, systemically important financial institution operating within a complex regulatory and economic environment.
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Wells Fargo Stock Price
| Date | Opening Price | Closing Price | High | Low | Volume |
| 2024-06-17 | $43.20 | $43.80 | $44.00 | $42.90 | 10,200,000 |
| 2024-06-18 | $43.70 | $44.10 | $44.50 | $43.50 | 8,900,000 |
| 2024-06-19 | $44.00 | $44.25 | $44.60 | $43.80 | 9,300,000 |
| 2024-06-20 | $44.30 | $44.75 | $45.00 | $44.20 | 10,500,000 |
| 2024-06-21 | $44.80 | $45.10 | $45.50 | $44.70 | 11,000,000 |
| 2024-06-22 | $45.00 | $45.30 | $45.70 | $44.90 | 9,800,000 |
| 2024-06-23 | $45.20 | $45.50 | $45.80 | $45.10 | 10,000,000 |
This table format includes:
- Date: The date of the stock price data.
- Opening Price: The price at which the stock opened on that date.
- Closing Price: The price at which the stock closed on that date.
- High: The highest price reached during that trading day.
- Low: The lowest price reached during that trading day.
- Volume: The number of shares traded on that date.
Wells Fargo Stock Prices Today
The Wells Fargo & Company (WFC) stock is trading at $58.10, reflecting a decrease of $0.86 or 1.46% from the previous closing price.
Recent Stock Performance:
- 5 Day Performance: -1.61%
- 1 Month Performance: -2.66%
- 3 Month Performance: +1.70%
- 6 Month Performance: +18.14%
- Year-To-Date Performance: +18.04%
- 1 Year Performance: +43.07%
Daily Stock Information
- Opening Price: $58.97
- Closing Price: $58.10
- High: $58.46
- Low: $57.32
- Volume: 62.73 million shares
- Market Capitalization: $202.55 billion
This data indicates that Wells Fargo has had a significant positive performance over the past year, despite short-term fluctuations.
Wells Fargo Stock Dividend
Wells Fargo & Company (NYSE: WFC) pays a quarterly dividend to its shareholders. The most recent dividend payment was $0.35 per share, which was paid on June 1, 2024. This represents a dividend yield of approximately 2.41% based on the current stock price.
Here are some key details about Wells Fargo’s dividend:
- Quarterly Dividend: $0.35 per share
- Annual Dividend: $1.40 per share
- Dividend Yield: 2.41%
- Payout Ratio: Approximately 29.23% of earnings
- Recent Payment Date: June 1, 2024
- Ex-Dividend Date: May 9, 2024
Wells Fargo has a history of regularly paying dividends and has been increasing its dividend over the past few years. The company has been growing its dividend at an average rate of 2.14% per year over the past three years.