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Wells Fargo (WFC)- has had lots of weakness with the sub-prime implosion, but the yield seems to be ok. You need to remember to buy this in increments as it may get cheaper. Wells Fargo & Company (WFC) is the result of the 1998 acquisition by Norwest Corp., located in Minneapolis, of Wells Fargo Bank, and the subsequent name change. WFC is the fifth largest bank holding company in the country, with about 6,200 offices in all 50 states, Canada, the Caribbean, and Central America. The company has paid dividends since 1939, and the payout has increased from 12¢ per share in 1991 to $1.24 now, while earnings have grown from 37¢ to $2.49 per share in 2006. The company was founded in 1852 and is headquartered in San Francisco, California.
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