When it comes to the consistency and predictability of its quarterly payout, it's hard to beat Wells Fargo.
Banks have historically been popular dividend stocks, and Wells Fargo (NYSE:WFC)continues in that tradition. But is the nation's third-biggest bank by assets the best bank stock for dividend investors? There are two reasons to think that it is, and one to think that it isn't.
The main reason income-seeking investors should like Wells Fargo's stock is because of its yield, which measures how much a stock pays out via dividends relative to its share price.
Source: The Motley Fool