WELLS FARGO & COMPANY ANNOUNCES DIVIDEND
SAN FRANCISCO — April 23, 2002
Wells Fargo & Company (NYSE: WFC) today announced an increase in its quarterly common stock dividend to 28 cents per share from 26 cents per share. The dividend is payable June 1, 2002, to stockholders of record on May 10, 2002. Wells Fargo's last dividend increase was effective September 1, 2001, when the dividend was raised from 24 cents to 26 cents per share. Wells Fargo has approximately 1.7 billion shares outstanding.
Wells Fargo & Company is a diversified financial services company with $312 billion in assets, providing banking, insurance, investments, mortgage and consumer finance from more than 5,400 stores and the internet (wellsfargo.com ) across North America and elsewhere internationally.