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WFC - Wells Fargo & Company
 
 Amount Invested
  Date
  # of Shares
Purchased
  
# of Shares on
12-29-23
 
  
Stock Price on
12-29-23
 
Total Value on
12-29-23 
 
 $5,000
 1-2-1985
217.3913
 17,190.0687
  $49.22
  $846,095.18
 
 $5,000
 1-2-1990
220.9945
 4,542.5794
  $49.22
  $223,585.76
 
 $5,000
 1-3-1995
215.0538
1,878.0994
  $49.22
  $92,440.05
 
 $5,000
 1-3-2000
127.7955
493.8778
    $49.22  
  $24,308.66
 
 $5,000
 1-3-2005
80.7624
274.8342
  $49.22
$13,527.34
 
 $5,000
 1-4-2010
183.0161
263.7631
  $49.22
$12,982.42
 
 $5,000
 1-2-2015
91.4077
118.6517
  $49.22
$5,840.04
 
 $5,000
 1-2-2020
93.0233
103.5289
  $49.22
$5,095.69
Well Fargo & Company (WFC) has produced some nice returns over the past 35 years.  A $5,000 investment at the beginning of 1985 would have been worth over $846,000 at the end of 2023. Before 2009, Wells Fargo had been able to consistently raise its dividends at least once a year (adjusted for splits) resulting in some nice investment returns.  Unfortunately, in 2010 Wells Fargo slashed its dividend from $0.34 per quarter to $0.05 per quarter (since then it has been increased back to $0.35 per quarter in 2023).
All calculations assume all dividends are reinvested to purchase additional shares. Taxes and commissions are not factored into calculations. Data is property of 1stock1 and written permission must be granted before redistributing any data (in part or in whole).
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