12.24.2012

Wells Fargo named a Top 25 Dividend Giant


Why Wells Fargo is a Top 25 Dividend Giant
Excerpt:

Wells Fargo & Co. (NYSE: WFC) has been named as a Top 25 ”Dividend Giant” by ETF Channel, with a whopping $2.1B worth of stock held by ETFs, and above-average ”DividendRank” statistics including a strong 2.56% yield, according to the most recent Dividend Channel ”DividendRank” report. The report noted a strong quarterly dividend history at Wells Fargo & Co., and favorable long-term multi-year growth rates in key fundamental data points.
Comment: I generally look for dividends above 3%. But reliability counts.

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