Will Wells Fargo Raise Its Dividend in 2020?
Wells Fargo (NYSE: WFC) has gone through a lot in recent years, and the banking giant had an eventful 2019. After having had to deal with multiple setbacks to its reputation, Wells Fargo finally made a big move in the executive suite to bring in an outside CEO. Investors hope that the move will mark a turning point for the bank and start to restore its image with customers and the general public.
Yet even amid all the difficulties that Wells Fargo has endured, it's still been able to give its shareholders solid dividend increases. Having recovered from the worst of the financial crisis in 2008 and early 2009, investors have gotten regular boosts to the quarterly dividends they've received. With light at the end of the tunnel, some shareholders hope that the pace of those dividend increases will speed up. With that in mind, let's look to see whether Wells Fargo is likely to make a dividend increase in 2020.
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Source Fool.com
