Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for Wells Fargo (NYSE: WFC) is tomorrow, May 8, 2013. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $38.04 as of 9:31 a.m. ET, the dividend yield is 3.2%. The average volume for Wells Fargo has been 22.2 million shares per day over the past 30 days. Wells Fargo has a market cap of $199.04 billion and is part of the financial sector and banking industry. Shares are up 10.9% year to date as of the close of trading on Monday. Wells Fargo & Company provides retail, commercial, and corporate banking services. The company has a P/E ratio of 10.7, below the S&P 500 P/E ratio of 17.7.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
TheStreet Ratings rates Wells Fargo as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Wells Fargo Ratings Report. See our dividend calendar or top-yielding stocks list. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.