Wells Fargo & Company
WFCFinancial Services · Stock · quarterly payer
Forward Yield
2.22%
Annual Dividend
$2.00
Payout Ratio
26%
5-Yr Growth
6.9%
Ex-Date
Aug 7, 2026
Frequency
Quarterly
Summary
As of September 2026, Wells Fargo & Company (WFC) yields 2.22% ($2.00 per share annually), with a blended fair-value estimate of $133.78 — +48% upside, so it screens as undervalued. Dividend safety grade: B (72/100). 4 years of dividend growth.
Is WFC a good dividend stock?
Yes, with caveatsWells Fargo & Company (WFC) pays a quarterly dividend yielding 2.22% ($2.00/yr), with 4 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (26%)
- Strong 6.9% 5-yr dividend growth
- 95% total price return over 5 years
Risks
- Cut its dividend in 2020
Key Data
- Dividend Yield
- 2.22%
- Payout Ratio
- 26%
- Annual Dividend
- $2.00
- 5-Yr Avg Growth
- 6.9%
- Ex-Dividend Date
- Aug 7, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.92
- Market Cap
- $273.0B
- P/E Ratio
- 13.1
- 5-Yr Total Return
- 95%
- 52-Week Range
- $72.78 – $97.76
- Dividend Safety
- B · 72/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
WFC Price — Last 12 Months
Daily close
Price Return
1 Year
+8%
3 Years
+121%
5 Years
+95%
52-Week Range
$72.78 – $97.76
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is WFC worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Wells Fargo & Company is $133.78 per share, versus a market price of $90.29. That implies 48% of upside — a margin of safety of about 33%.
Fair Value
$133.78
Current Price
$90.29
Upside
+48%
Margin of Safety
33%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 9.4% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.9% discount rate (CAPM), 9.4% stage-1 growth, 2.5% terminal growth, $6.88 EPS, $2.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
WFC Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 7, 2026 | — | $0.5000 | regular |
| May 8, 2026 | — | $0.4500 | regular |
| Feb 6, 2026 | — | $0.4500 | regular |
| Nov 7, 2025 | — | $0.4500 | regular |
| Aug 8, 2025 | — | $0.4500 | regular |
| May 9, 2025 | — | $0.4000 | regular |
| Feb 7, 2025 | — | $0.4000 | regular |
| Nov 8, 2024 | — | $0.4000 | regular |
| Aug 9, 2024 | — | $0.4000 | regular |
| May 9, 2024 | — | $0.3500 | regular |
| Feb 1, 2024 | — | $0.3500 | regular |
| Nov 2, 2023 | — | $0.3500 | regular |
| Aug 3, 2023 | — | $0.3500 | regular |
| May 4, 2023 | — | $0.3000 | regular |
Income Calculator
At $2.00 / yr per share
