Wells Fargo (WFC) Dividend History & Yield
Dividend ChallengerWells Fargo (WFC) has increased its dividend for 5 consecutive years and currently yields 2.37%. The most recent dividend was $0.4500/share on Mar 1, 2026, paid Quarterly.

WFC
Current Yield
2.37%
TTM Dividend/Share
$1.80
Payment Frequency
Quarterly
Payout Ratio
27.6%
Consecutive Growth Years
5 (Dividend Challenger)
Div Growth (1Y CAGR)
13.33%
Div Growth (5Y CAGR)
6.86%
Div Growth (10Y CAGR)
1.43%
WFC: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
9.2%
FCF payout ratio
140.3%
Net debt / EBITDA
8.7x
Interest coverage
0.63x
ROIC (TTM)
9.5%
Dividend Safety Score
2 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 27.6%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($-5.98) does not fully cover dividend/share ($1.80).
No dividend cuts in 10+ years
1 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 5 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 140.3%, above the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 8.7x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (6.9%) exceeds EPS growth (2.7%) — payout ratio expanding.
Per-payment dividend history
Ex-date May 8, 2026
- Payment date
- Jun 1, 2026
- Dividend
- $0.4500
- Adj. dividend
- $0.4500
Ex-date Feb 6, 2026
- Payment date
- Mar 1, 2026
- Dividend
- $0.4500
- Adj. dividend
- $0.4500
Ex-date Nov 7, 2025
- Payment date
- Dec 1, 2025
- Dividend
- $0.4500
- Adj. dividend
- $0.4500
Ex-date Aug 8, 2025
- Payment date
- Sep 1, 2025
- Dividend
- $0.4500
- Adj. dividend
- $0.4500
Ex-date May 9, 2025
- Payment date
- Jun 1, 2025
- Dividend
- $0.4000
- Adj. dividend
- $0.4000
Ex-date Feb 7, 2025
- Payment date
- Mar 1, 2025
- Dividend
- $0.4000
- Adj. dividend
- $0.4000
Ex-date Nov 8, 2024
- Payment date
- Dec 1, 2024
- Dividend
- $0.4000
- Adj. dividend
- $0.4000
Ex-date Aug 9, 2024
- Payment date
- Sep 1, 2024
- Dividend
- $0.4000
- Adj. dividend
- $0.4000
Ex-date May 9, 2024
- Payment date
- Jun 1, 2024
- Dividend
- $0.3500
- Adj. dividend
- $0.3500
Ex-date Feb 1, 2024
- Payment date
- Mar 1, 2024
- Dividend
- $0.3500
- Adj. dividend
- $0.3500
Ex-date Nov 2, 2023
- Payment date
- Dec 1, 2023
- Dividend
- $0.3500
- Adj. dividend
- $0.3500
Ex-date Aug 3, 2023
- Payment date
- Sep 1, 2023
- Dividend
- $0.3500
- Adj. dividend
- $0.3500
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| May 8, 2026 | Jun 1, 2026 | $0.4500 | $0.4500 |
| Feb 6, 2026 | Mar 1, 2026 | $0.4500 | $0.4500 |
| Nov 7, 2025 | Dec 1, 2025 | $0.4500 | $0.4500 |
| Aug 8, 2025 | Sep 1, 2025 | $0.4500 | $0.4500 |
| May 9, 2025 | Jun 1, 2025 | $0.4000 | $0.4000 |
| Feb 7, 2025 | Mar 1, 2025 | $0.4000 | $0.4000 |
| Nov 8, 2024 | Dec 1, 2024 | $0.4000 | $0.4000 |
| Aug 9, 2024 | Sep 1, 2024 | $0.4000 | $0.4000 |
| May 9, 2024 | Jun 1, 2024 | $0.3500 | $0.3500 |
| Feb 1, 2024 | Mar 1, 2024 | $0.3500 | $0.3500 |
| Nov 2, 2023 | Dec 1, 2023 | $0.3500 | $0.3500 |
| Aug 3, 2023 | Sep 1, 2023 | $0.3500 | $0.3500 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Wells Fargo has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 5 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $1.7000 | — | — |
| 2025 | $1.5000 | $1.7000 | +13.3% |
| 2024 | $1.3000 | $1.5000 | +15.4% |
| 2023 | $1.1000 | $1.3000 | +18.2% |
| 2022 | $0.6000 | $1.1000 | +83.3% |
| 2021 | $1.2200 | $0.6000 | -50.8% |
| 2020 | $1.9200 | $1.2200 | -36.5% |
| 2019 | $1.6400 | $1.9200 | +17.1% |
| 2018 | $1.5400 | $1.6400 | +6.5% |
| 2017 | $1.5150 | $1.5400 | +1.7% |
| 2016 | $1.4750 | $1.5150 | +2.7% |
| 2015 | $1.3500 | $1.4750 | +9.3% |
| 2014 | $1.1500 | $1.3500 | +17.4% |
| 2013 | $0.8800 | $1.1500 | +30.7% |
| 2012 | $0.4800 | $0.8800 | +83.3% |
| 2011 | $0.2000 | $0.4800 | +140.0% |
| 2010 | $0.4900 | $0.2000 | -59.2% |
| 2009 | $1.3000 | $0.4900 | -62.3% |
| 2008 | $1.1800 | $1.3000 | +10.2% |
| 2007 | $1.0800 | $1.1800 | +9.3% |
| 2006 | $1.0000 | $1.0800 | +8.0% |
| 2005 | $0.9300 | $1.0000 | +7.5% |
| 2004 | $0.7500 | $0.9300 | +24.0% |
| 2003 | $0.5500 | $0.7500 | +36.4% |
| 2002 | $0.5000 | $0.5500 | +10.0% |
| 2001 | $0.4500 | $0.5000 | +11.1% |
| 2000 | $0.3925 | $0.4500 | +14.6% |
| 1999 | $0.3500 | $0.3925 | +12.1% |
| 1998 | $0.3075 | $0.3500 | +13.8% |
| 1997 | $0.2625 | $0.3075 | +17.1% |
| 1996 | $0.2250 | $0.2625 | +16.7% |
| 1995 | $0.1912 | $0.2250 | +17.6% |
| 1994 | $0.1600 | $0.1912 | +19.5% |
| 1993 | $0.1350 | $0.1600 | +18.5% |
| 1992 | $0.1175 | $0.1350 | +14.9% |
| 1991 | $0.1056 | $0.1175 | +11.2% |
| 1990 | $0.0950 | $0.1056 | +11.2% |
| 1989 | $0.0811 | $0.0950 | +17.2% |
| 1988 | $0.0750 | $0.0811 | +8.1% |
| 1987 | $0.0750 | $0.0750 | 0.0% |
| 1986 | $0.0750 | $0.0750 | 0.0% |
| 1985 | $0.0750 | $0.0750 | 0.0% |
| 1984 | $0.0750 | $0.0750 | 0.0% |
| 1983 | $0.0700 | $0.0750 | +7.1% |
| 1982 | $0.0667 | $0.0700 | +5.0% |
| 1981 | $0.0600 | $0.0667 | +11.1% |
| 1980 | $0.0533 | $0.0600 | +12.5% |
| 1979 | $0.0458 | $0.0533 | +16.4% |
| 1978 | $0.0408 | $0.0458 | +12.2% |
| 1977 | $0.0365 | $0.0408 | +12.0% |
| 1976 | $0.0344 | $0.0365 | +6.1% |
| 1975 | $0.0333 | $0.0344 | +3.1% |
| 1974 | $0.0323 | $0.0333 | +3.2% |
| 1973 | — | $0.0323 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Wells Fargo (WFC) from the consolidated cash flow statement, in USD as filed.
Latest period
$5.50B
YoY change
+5.9%
5Y CAGR
+2.3%
Peak year (2019)
$8.20B
Latest annual
$5.43B
Cash dividends paid over time for Wells Fargo (WFC)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Wells Fargo (WFC)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $5.43B | +5.9% | +$301.00M | ||
| 2024 | $5.13B | +7.2% | +$344.00M | ||
| 2023 | $4.79B | +14.6% | +$611.00M | ||
| 2022 | $4.18B | +72.5% | +$1.76B | ||
| 2021 | $2.42B | -50.1% | -$2.43B | ||
| 2020 | $4.85B | -40.8% | -$3.35B | ||
| 2019 | $8.20B | +6.6% | +$506.00M | ||
| 2018 | $7.69B | +2.8% | +$212.00M | ||
| 2017 | $7.48B | +0.1% | +$8.00M | ||
| 2016 | $7.47B | +1.0% | +$72.00M | ||
| 2015 | $7.40B | +7.1% | +$492.00M | ||
| 2014 | $6.91B | +16.0% | +$955.00M | ||
| 2013 | $5.95B | +30.4% | +$1.39B | ||
| 2012 | $4.57B | +79.9% | +$2.03B | ||
| 2011 | $2.54B | +142.8% | +$1.49B | ||
| 2010 | $1.04B | -50.8% | -$1.08B | ||
| 2009 | $2.13B | -50.7% | -$2.19B | ||
| 2008 | $4.31B | +9.0% | +$357.00M | ||
| 2007 | $3.96B | +8.6% | +$314.00M | ||
| 2006 | $3.64B | +7.9% | +$266.00M | ||
| 2005 | $3.38B | +7.1% | +$225.00M | ||
| 2004 | $3.15B | +24.5% | +$620.00M | ||
| 2003 | $2.53B | +34.8% | +$653.00M | ||
| 2002 | $1.88B | +8.9% | +$153.00M | ||
| 2001 | $1.72B | +8.7% | +$138.00M | ||
| 2000 | $1.59B | +10.4% | +$150.00M | ||
| 1999 | $1.44B | +41.2% | +$419.00M | ||
| 1998 | $1.02B | +5.1% | +$49.00M | ||
| 1997 | $968.00M | +7.6% | +$68.00M | ||
| 1996 | $900.00M | +166.4% | +$562.20M | ||
| 1995 | $337.80M | +26.0% | +$69.80M | ||
| 1994 | $268.00M | +25.9% | +$55.20M | ||
| 1993 | $212.80M | +18.9% | +$33.80M | ||
| 1992 | $179.00M | +37.9% | +$49.20M | ||
| 1991 | $129.80M | +50.4% | +$43.50M | ||
| 1990 | $86.30M | +16.3% | +$12.10M | ||
| 1989 | $74.20M | — | — |
In 2025, Wells Fargo (WFC) dividends paid totalled $5.43B – grew 5.9% year-over-year.
Wells Fargo dividends paid compound annual growth for the 2020–2025 (5 years) window is +2.3%, sustaining 4 straight years of year-over-year growth.
Between 2019 and 2025, Wells Fargo dividends paid plunged 33.7%, falling from $8.20B to $5.43B.
$8.20B stands as the all-time-high annual dividends paid, posted in 2019, against a low of $74.20M during 1989.
Within Financial Services, Wells Fargo (WFC) ranks 4th among 8 peers we track. The peer median for dividends paid is $4.96B.
Wells Fargo Dividends Paid 2025: $5.43B
Wells Fargo dividends paid in 2025 was $5.43B, grew 5.9% from 2024.
Wells Fargo Dividends Paid 2024: $5.13B
Wells Fargo dividends paid in 2024 was $5.13B, grew 7.2% from 2023.
Wells Fargo Dividends Paid 2023: $4.79B
Wells Fargo dividends paid in 2023 was $4.79B, grew 14.6% from 2022.
Wells Fargo Dividends Paid 2022: $4.18B
Wells Fargo dividends paid in 2022 was $4.18B, surged 72.5% from 2021.
Wells Fargo Dividends Paid 2021: $2.42B
Wells Fargo dividends paid in 2021 was $2.42B.
See more financial history for Wells Fargo (WFC).
Sector peers by dividends paid
Companies in the same sector as Wells Fargo, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| JPMorgan Chase (JPM) | $16.63B | Financial Services |
| Bank of America (BAC) | $9.56B | Financial Services |
| Morgan Stanley (MS) | $6.59B | Financial Services |
| Goldman Sachs (GS) | $5.28B | Financial Services |
| Visa (V) | $4.63B | Financial Services |
| Mastercard (MA) | $2.76B | Financial Services |
| American Express (AXP) | $2.27B | Financial Services |
| Berkshire Hathaway (BRK-B) | $0 | Financial Services |
Frequently asked questions
Does Wells Fargo pay dividends?
Yes, Wells Fargo (WFC) pays quarterly dividends of approximately $1.80 per share annually, yielding 2.37%.
What is Wells Fargo's dividend yield?
Wells Fargo (WFC) has a current dividend yield of 2.37%.
Is Wells Fargo's dividend safe?
Wells Fargo (WFC) passes 2 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Wells Fargo increased its dividend?
Wells Fargo (WFC) has 5 consecutive years of dividend increases.
What is Wells Fargo's dividend payout ratio?
Wells Fargo (WFC) has a dividend payout ratio of 27.6%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Wells Fargo's dividends paid?
Latest reported dividends paid for Wells Fargo (WFC) is $5.50B (period ending March 31, 2026).
How has Wells Fargo dividends paid changed year-over-year?
Wells Fargo (WFC) dividends paid changed +5.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Wells Fargo dividends paid?
Wells Fargo (WFC) dividends paid compound annual growth rate is +2.3% over the most recent 5 years available.
When did Wells Fargo dividends paid hit its highest annual value?
Wells Fargo dividends paid reached its highest annual value of $8.20B in 2019.
What was Wells Fargo dividends paid in 2024?
Wells Fargo (WFC) dividends paid in 2024 was $5.13B.
What was Wells Fargo dividends paid in 2025?
Wells Fargo (WFC) dividends paid in 2025 was $5.43B.
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