From Dividend Growth Stocks:
This company is an American multinational diversified financial services company with operations around the world. It is the fourth-largest bank in the U.S. by assets and the largest bank by market capitalization. In 2011, it was the 23rd-largest company in the United States. For many years, it has been a popular holding of Warren Buffett.
The company fell out of favor in May 2009 when it slashed its dividend to $0.05 per share from $0.34 per share. It took eight more quarters before the stock increased its dividend to $0.07 per share in March 2011. Since then, it has seen four additional increases, including the most recently announced one. Buffett has taken advantage of the stock's weakness by adding to his position each quarter. What is this company? It is...
Wells Fargo & Company (WFC)
The company provides retail, commercial, and corporate banking services. On January 22nd, the company increased its quarterly dividend 14% to...
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