At the beginning of the year I laid forth my goals for 2013. I wanted to put a list of goals together that would be challenging, actionable and measurable. I believe that to various degrees all four goals meet this criteria.
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With half of 2013 now behind us I thought now would be a good time to review these goals and see if I’m on track to exceed them…
-Seven Year Dividend Growth Rate: Negative
-Current Dividend Yield: 2.81%
-Credit Rating: AA- / A2 / A+ (high)
Wells Fargo appears fair in the low-to-mid $40′s, and is set to offer a substantially higher dividend over the next few years.
Wells Fargo & Co (NYSE: WFC) is one of the largest four banks in the United States, with its specific ranking depending on the metric used…