Tag: dividend payouts

Financial Services, Industries

Wells Fargo Breaks Rank With Wall Street and Cuts Its Dividend

June 30, 2020

Via: TheStreet

Wells Fargo (WFC) – Get Report announced it will cut its dividend, breaking rank with all of Wall Street’s other big banks, following the Federal Reserve’s move to set new restrictions on dividend payouts to shareholders. The fourth-biggest U.S. bank […]