Wells-Fargo (WFC)

[jefedelforo]

Tim McAleenan Jr. (The Conservative Income Investor)

Wells Fargo Stock Investors: Betting Big On The Bank https://theconservativeincomeinvestor.com/wells-fargo-stock-investors-betting-big-on-the-bank/ “Right now, Wells Fargo is yielding over 4% (based upon a stock price of $49 per share). As part of the Fed’s limitations on its capital return policies, namely dividends and share repurchases, Wells Fargo is storing capital at a higher rate that will be unleashed in the future. It is positioning itself for long-term earnings per share growth of 7.…