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WFC / The Preferred Stock Of Wells Fargo Offers A 6.5% Dividend And 30% Upside Potential

The Preferred Stock Of Wells Fargo Offers A 6.5% Dividend And 30% Upside Potential
WFC.PL is trading at a nearly 10-year low and is offering a 6.5% dividend yield due to high interest rates and financial sector turmoil. The main risk factors for the stock are high interest rates, which are likely to moderate in the upcoming years, and potential liquidity issues, which are unlikely. Investors with a long-term perspective can benefit from the stock's recovery and a 6.5% dividend while waiting for interest rates to normalize. Read More
Posted: Jun 13 2023, 12:03
Author Name: Seeking Alpha
Views: 081397

WFC News  

Is Trending Stock Wells Fargo & Company (WFC) a Buy Now?

By Zacks Investment Research
October 25, 2023

Is Trending Stock Wells Fargo & Company (WFC) a Buy Now?

Zacks.com users have recently been watching Wells Fargo (WFC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospe more_horizontal

Earnings estimates for next year are too optimistic, says Wells Fargo's Chris Harvey

By CNBC Television
October 20, 2023

Earnings estimates for next year are too optimistic, says Wells Fargo's Chris Harvey

Chris Harvey, Wells Fargo Securities head of equity strategy, joins 'Closing Bell' to discuss earnings season, estimates, and where the markets and ec more_horizontal

Wells Fargo's (WFC) Q3 Earnings Beat on NII Rise & Low Costs

By Zacks Investment Research
October 13, 2023

Wells Fargo's (WFC) Q3 Earnings Beat on NII Rise & Low Costs

An increase in NII and lower expenses drive Wells Fargo's (WFC) Q3 earnings. However, worsening credit quality was a headwind. more_horizontal

Wells Fargo Expects Continued Slowing of the Economy

By PYMNTS
October 13, 2023

Wells Fargo Expects Continued Slowing of the Economy

Wells Fargo saw net charge-offs increase, loan demand decrease and average deposits decline during the third quarter.  At the same time, consumer sp more_horizontal

Wells Fargo CFO: Economy Slowing, Banks in Good Shape

By Bloomberg Markets and Finance
October 13, 2023

Wells Fargo CFO: Economy Slowing, Banks in Good Shape

Wells Fargo CFO Mike Santomassimo discusses the bank's third-quarter earnings and the regulatory environment with Scarlet Fu and Romaine Bostick on "B more_horizontal

Wells Fargo & Co (WFC) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 13, 2023

Wells Fargo & Co (WFC) Q3 2023 Earnings Call Transcript

Wells Fargo & Co. (NYSE:WFC ) Q3 2023 Earnings Conference Call October 13, 2023 10:00 AM ET Company Participants John Campbell – Director, IR Charle more_horizontal

Wells Fargo CFO: We have more to do in operating efficiencies and better serving customers

By CNBC Television
October 13, 2023

Wells Fargo CFO: We have more to do in operating efficiencies and better serving customers

Wells Fargo CFO Michael Santomassimo joins 'Squawk on the Street' to discuss the outlook for Wells Fargo, operating efficiencies for the company, and more_horizontal

Wells Fargo (WFC) Reports Q3 Earnings: What Key Metrics Have to Say

By Zacks Investment Research
October 13, 2023

Wells Fargo (WFC) Reports Q3 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Wells Fargo (WFC) give a sense of how its business performed in the quarter ended September 2023, it might be worth c more_horizontal


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