Wells Fargo: The Stress Tests and Dividends

Last week, the Federal Reserve released the results of the annual stress tests. Today, it announces which banks can raise their dividends and/or share buyback programs.

John Maxfield
John Maxfield
Mar 14, 2013 at 12:40PM
Financials

Last week, the Federal Reserve reported that 17 of the nation's 18 largest banks passed this year's round of stress tests. Among those making the grade was Wells Fargo (NYSE:WFC). The question this week is whether the Fed will allow Wells Fargo to return more capital to shareholders by means of a higher dividend or share buyback program. In the video below, Motley Fool contributor John Maxfield discusses why he thinks the chances of this are good.