This morning, Wells Fargo (NYSE:WFC) declared its quarterly dividend of 12 cents per share, consisting of a regular dividend of 5 cents and a special dividend of 7 cents. Based on the current stock price, investors can expect a yield of about 1.5% going forward.
Shares of Wells Fargo were higher on the news, climbing 2.5% so far.
In other dividend news, Intel (NASDAQ:INTC) maintained its quarterly dividend of 18.12 cents per share. Cisco Systems (NASDAQ:CSCO) maintained a dividend of 6 cents per share. Weight Watchers International (NYSE:WTW) maintained its quarterly dividend of 17.5 cents per share. And Jarden (NYSE:JAH) maintained its quarterly dividend of 8.625 cents per share.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.