Wells Fargo & Company Announces Dividend

Wells Fargo & Company (NYSE:WFC) today announced a quarterly common stock dividend of $0.22 per share. The dividend is payable June 1, 2012, to stockholders of record on May 4, 2012. The Company has approximately 5.3 billion shares outstanding.

About Wells Fargo

Wells Fargo & Company (NYSE:WFC) is a nationwide, diversified, community-based financial services company with $1.3 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com), and other distribution channels across North America and internationally. With more than 270,000 team members, Wells Fargo serves one in three households in America. Wells Fargo & Company was ranked No. 23 on Fortune’s 2011 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.

Copyright Business Wire 2010

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