Wells Fargo raises dividend after clearing Fed's stress test-February 2024-www.financetom.com

Wells Fargo raises dividend after clearing Fed's stress test

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Wells Fargo raises dividend after clearing Fed's stress test

Jul 1, 2025 1:57 PM

July 1 (Reuters) - Wells Fargo ( WFC ) hiked its

quarterly dividend to 45 cents per share on Tuesday, less than a

week after passing the U.S. Federal Reserve's annual stress

test.

The new dividend will be effective from the third quarter.

The lender's dividend was 40 cents previously.

(Reporting by Niket Nishant in Bengaluru; Editing by Shinjini

Ganguli)

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