"Wells Fargo Set to Boost Dividend by 12.5% in Third Quarter of 2025"

Wells Fargo & Company (NYSE:WFC) is named one of the 11 best places to invest money without risk after passing the 2025 CCAR stress test process. The company plans to raise the dividend by 12.5% pending Board approval, bringing it to $0.45 per share in the third quarter of 2025.

The expected SCB for Wells Fargo & Company (NYSE:WFC) is projected to decrease to at least 2.5% from 3.8%, requiring the company to hold additional capital above regulatory requirements. The final SCB will be determined by August 31, 2025, with potential implications if the FRB’s proposed rule is finalized.

Wells Fargo & Company (NYSE:WFC) is a California-based financial services company with four main segments providing a range of banking, investment, mortgage, and finance products and services. Investors are eagerly anticipating the shareholder meeting in July to discuss the company’s plans for a dividend increase and stock repurchasing.

Read more at Yahoo Finance: Wells Fargo to Raise Dividend Following CCAR Results