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Bank of America's dividend raise will take effect with its upcoming payout, slated for Sept. 27 for investors of record as of Sept. 6. At the most recent closing share price, the new distribution ...
However, it retains Norwest's pre-1998 stock price history and corporate structure, and all pre-1998 SEC filings are under Norwest, not Wells Fargo. Former Wells Fargo stockholders held 52.5 percent of the newly combined company and former Norwest stockholders held 47.5 percent. Paul Hazen, chairman and CEO of Wells Fargo, become chairman of ...
Wells Fargo & Company Announces Increased Dividend SAN FRANCISCO-- ... WFC) today announced a quarterly common stock dividend of $.25 per share, an increase of three cents, or 14 ...
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On December 23, 2009, Wells Fargo redeemed the $25 billion of series D preferred stock issued to the U.S. Treasury under the Troubled Asset Relief Program's Capital Purchase Program. As part of the redemption of the preferred stock, Wells Fargo also paid accrued dividends of $131.9 million, bringing the total dividends paid to the U.S. Treasury ...
As part of the redemption of the preferred stock, Wells Fargo also paid accrued dividends of $131.9 million, bringing the total dividends paid to $1.441 billion since the preferred stock was issued in October 2008. [67] In April 2009, Wells Fargo acquired North Coast Surety Insurance Services. [68]
Dividend stocks have been all the rage over the past few years. Given abysmal bond yields coupled with the perceived safety of dividend stocks relative to growth stocks, some have even gone so far ...
Allspring Global Investments was originally the asset management unit of Wells Fargo known as Wells Fargo Asset Management (WFAM) that was established in 1995. [2]In October 2020, Wells Fargo was exploring the sale of WFAM as part of its efforts to focus more on core competencies and improve its financial performance after the Wells Fargo cross-selling scandal.
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