Wells Fargo & Company (WFC) today announced a quarterly common stock dividend of $0.375 per share. The dividend is payable March 1, 2016, to stockholders of record on Feb. 5, 2016, as approved today by the Wells Fargo board of directors. Wells Fargo has approximately 5.1 billion shares outstanding. The Wells Fargo board of directors also increased the company’s authority to repurchase common stock by an additional 350 million shares.
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