Goldman Sachs and Wells Fargo raise dividends, hitting record highs, market responds positively.

From CNBC: 2025-07-02 13:13:00

Goldman Sachs and Wells Fargo shares hit record highs after announcing dividend hikes. Goldman raised quarterly dividend to $4/share, a 33% increase, while Wells Fargo raised to 45 cents/share. 13 other Club holdings raised dividends earlier in the year. Market responds positively to dividend growth, with expectations for more hikes in 2025.

Read more: Wells Fargo, Goldman raised their dividends. How they match up versus other Club names