■ Increase · August 8, 2026 · detected in DividendSmart market data
Wells Fargo (WFC) Raises Quarterly Dividend 11.1% to $0.50 per Share
WFC increases quarterly dividend to $0.50, up 11.1% from $0.45, with ex-dividend date Aug 7, 2026.
Wells Fargo & Company (WFC) has announced a quarterly dividend increase of 11.1%, raising the payout from $0.45 to $0.50 per share. The new dividend will be paid to shareholders of record as of the ex-dividend date of August 7, 2026. This marks the latest in a series of quarterly increases for the financial services giant.
The numbers
The new quarterly payment of $0.50 per share translates to an annualized dividend of $2.00 per share. Based on the current stock price of $87.25, the forward yield is approximately 2.29%, while the trailing twelve-month (TTM) yield stands at 2.12% with TTM dividend per share of $1.85. The company has consistently raised its dividend over the past four years, achieving a 5-year compound annual growth rate (CAGR) of 6.9%. Recent quarterly payments include $0.40 (May 2025), $0.45 (Aug 2025), $0.45 (Nov 2025), $0.45 (Feb 2026), and $0.45 (May 2026), before this increase to $0.50.
What it means for income investors
For income-focused investors, this raise implies an additional $0.05 per share per quarter, or $0.20 per share annually. On a 100-share position, that equates to an extra $20 in annual dividend income. The new annualized rate of $2.00 per share would generate $200 per year for every 100 shares held. This increase continues WFC's trend of rewarding shareholders, as reflected in its dividend history.
Reporting based on: DividendSmart market data. Figures verified against market data where available.