SAN FRANCISCO - Wells Fargo & Company (NYSE:WFC) announced that its board of directors has approved a quarterly dividend payment for its common stock shareholders. The declared dividend is $0.35 per share, scheduled for distribution on March 1, 2024, to stockholders who are on record as of February 2, 2024.
The financial services giant, which manages approximately $1.9 trillion in assets, operates through several segments including Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management.
Recognized as one of America's largest corporations, Wells Fargo holds the 47th spot on Fortune's 2023 rankings.
This financial news is based on a press release statement issued by Wells Fargo & Company.
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