Wells Fargo & Company (WFC) is one of the largest bank holding companies in the United States. They have over 9,000 store locations with offices in more than 35 countries.
Wells Fargo is one of the largest stock positions owned by billionaire investor Warren Buffet’s Berkshire Hatheway. The bank was forced to cut its dividend rate back in 2009 during the financial crisis but has since recovered and has increased its dividend rate annually since then. Wells Fargo is one of the strongest and best capitalized banks in the industry.