Shares of Wells Fargo ( WFC) closed at $31.18 Thursday, returning 15% year-to-date, following a 10% decline in 2011. With a 22% quarterly payout, the shares have a dividend yield of 2.82%.
Email. Follow @PhilipvanDoorn
If you must buy now, then go for a low-cost index fund or stocks with strong fundamentals.
What does consistent profitability growth mean for the U.S. economy if sales gains are shrinking? To keep the current expansion going, the government will need to figure out the answer.
Wells Fargo is continuing to work to improve its relationship with customers and restore its reputation.