Buying Wells Fargo For The Big Dividend Increase Next Month
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Wells Fargo & Company (NYSE:WFC) is most likely the most debated and possibly scorned of major banks by investors. While there still is plenty of wood to chop in making amends for the bad practices and outright fraud that was discovered more than five years ago, the bank is making good progress. Adding in the recent strong first quarter financial performance and the Federal Reserve lifting restrictions on dividends next month, now is a good time to add…