Wells Fargo & Company Announces Common Dividend

Wells Fargo & Company (NYSE: WFC) today announced a quarterly common stock dividend of $0.38 per share. The dividend is payable Dec. 1, 2016, to stockholders of record on Nov. 4, 2016, as approved today by the Wells Fargo board of directors. Wells Fargo has approximately 5.0 billion shares outstanding.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,600 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 269,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 27 on Fortune’s 2016 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially.

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Wells Fargo & CompanyMediaAncel Martinez, 415-222-3858orInvestorsJim Rowe, 415-396-8216