Investors turning to dividend-paying stocks for long-term value, with Wells Fargo ranked ninth.
From Yahoo Finance: 2025-04-14 09:54:00
Investors are turning to dividend-paying stocks for long-term value, with CNBC reporting that a $10,000 investment in the index between 1960 and 2024 would have grown to over $982,000 from stock price appreciation alone. S&P Global notes that companies in the S&P index account for 85% of total dividends paid in the market, with 2.7% coming from firms newly issuing dividends. These trends reflect the importance of dividends in today’s economic landscape. Wells Fargo & Company (NYSE:WFC) ranks ninth in the list of best dividend-paying stocks, with a strong position in the banking industry and a quarterly dividend of $0.40 per share, yielding 2.56%.
Read more at Yahoo Finance: Is Wells Fargo & Company (WFC) the Best Dividend Paying Stock According to Hedge Funds?