Key Developments: Wells Fargo & Co (WFC.N)

WFC.N on New York Stock Exchange

47.31USD
12 Feb 2016
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Latest Key Developments (Source: Significant Developments)

Navient to acquire $8.5 billion in federal student loans from Wells Fargo
Thursday, 13 Nov 2014 08:30am EST 

Navient and Wells Fargo & Company:Reaches agreement for Navient to purchase a portfolio of federally guaranteed student loans from Wells Fargo totaling $8.5 bln in principal balance.  Full Article

Wells Fargo & Co announces dividend
Tuesday, 28 Oct 2014 03:00pm EDT 

Wells Fargo & Co:Says quarterly common stock dividend of $.35 per share.Payable Dec. 01 to stockholders of record on Nov. 07.  Full Article

Wells Fargo & Co declares cash dividends on preferred stock
Monday, 18 Aug 2014 04:00pm EDT 

Wells Fargo & Co:Declares quarterly cash dividend of $20.00 per share was declared on 8.00 pct non-cumulative perpetual class A preferred stock, Series J, liquidation preference $1,000 per share.Declares quarterly cash dividend of $18.75 per share was declared on its 7.50 pct non-cumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share.Declares quarterly cash dividend of $325.00 per share was declared on its 5.20% non-cumulative perpetual class A preferred stock, Series N, liquidation preference $25,000 per share.Declares quarterly cash dividend of $320.31 per share was declared on its 5.125% non-cumulative perpetual class A preferred stock, Series O, liquidation preference $25,000 per share.Declares quarterly cash dividend of $328.13 per share was declared on its 5.25% non-cumulative perpetual class A preferred stock, Series P, liquidation preference $25,000 per share.Quarterly cash dividend of $365.63 per share was declared on its 5.85 pct non-cumulative perpetual class A preferred stock, Series Q, liquidation preference $25,000 per share.Quarterly cash dividend of $225.00 per share was declared on its 6.00% non-cumulative perpetual class A preferred stock, Series T, liquidation preference $25,000 per share.All dividends are payable on Sept. 15, to holders of record as of the close of business on Aug. 29.  Full Article

Wells Fargo & Co announces dividend
Tuesday, 22 Jul 2014 04:45pm EDT 

Wells Fargo & Co:Announces a quarterly common stock dividend of $.35 per share.Payable Sept. 1, to stockholders of record on Aug. 8.  Full Article

Wells Fargo & Co declares cash dividends on preferred stock
Monday, 19 May 2014 04:00pm EDT 

Wells Fargo & Co:Declares quarterly cash dividend of $20.00 per share on its 8.00 pct non-cumulative perpetual class A preferred stock, Series J.Quarterly cash dividend of $18.75 per share was declared on its 7.50% non-cumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share.Quarterly cash dividend of $325.00 per share was declared on its 5.20 pct non-cumulative perpetual class A preferred stock, Series N, liquidation preference $25,000 per share.Quarterly cash dividend of $320.31 per share was declared on its 5.125 pct non-cumulative perpetual class A preferred stock, Series O, liquidation preference $25,000 per share.Quarterly cash dividend of $328.13 per share was declared on its 5.25 pct non-cumulative perpetual class A preferred stock, Series P, liquidation preference $25,000 per share.Quarterly cash dividend of $365.63 per share was declared on its 5.85 pct non-cumulative perpetual class A preferred stock, Series Q, liquidation preference $25,000 per share.Quarterly cash dividend of $414.06 per share was declared on its 6.625% non-cumulative perpetual class A preferred stock, Series R, liquidation preference $25,000 per share.Dividend is payable on June 16, 2014, to holders of record as of the close of business May 30, 2014.  Full Article

Wells Fargo & Co completes sale of 40 office locations to USI Insurance Services
Monday, 5 May 2014 08:30am EDT 

Wells Fargo & Co:Completes transaction with USI Insurance Services to sell 40 of primarily smaller regional insurance brokerage and consulting locations.Sale is part of Wells Fargo's strategy to focus investments and resources in markets where insurance business has greatest growth potential and stronger partnerships with bank's commercial customers.  Full Article

Wells Fargo & Co announces increased dividend
Tuesday, 29 Apr 2014 04:00pm EDT 

Wells Fargo & Co:Announced a quarterly common stock dividend of $.35 per share, an increase of five cents, or 17 percent, per share from the prior quarter.Payable June 1, to stockholders of record on May 9.  Full Article

Wells Fargo Asset Management opens office in France-NewsManagers
Monday, 17 Mar 2014 08:00pm EDT 

Wells Fargo & Co:Company's asset management businesses Wells Fargo Asset Management opens new office in Paris, its first office in continental Europe - NewsManagers.Wells Fargo AM already manages 2 billion euros of assets in France.  Full Article

Wells Fargo settles mortgage kickback lawsuit for $16 million

Wells Fargo Bank has agreed to pay $16.2 million to resolve claims that it accepted kickbacks from a defunct Maryland title company as part of a scheme that allegedly raised real estate settlement costs for thousands of homeowners.

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