|Bid||23.66 x 1200|
|Ask||27.66 x 900|
|Day's Range||25.71 - 25.96|
|52 Week Range||17.28 - 27.02|
|Beta (5Y Monthly)||1.29|
|PE Ratio (TTM)||63.12|
|Forward Dividend & Yield||1.41 (5.45%)|
|Ex-Dividend Date||Feb. 25, 2021|
|1y Target Est||N/A|
Buffett loves dividends and many banks offer attractive dividend yields. Let's see which of Buffett's bank holdings has the highest one.
Wells Fargo (NYSE: WFC) has been one of the financial sector's worst performers for several years. Not only did the bank's "fake accounts" scandal and Federal Reserve penalty hurt performance, but the consumer-focused bank was hit harder than most by the COVID-19 pandemic. Not only that, but it appears one of the bank's longtime fans and shareholders, Warren Buffett, has given up on Wells Fargo as an investment.
We recently got a look at the moves Warren Buffett and the rest of Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) investment team made in the fourth quarter of 2020. While the conglomerate reduced or sold all of several stocks, two in particular stood out as odd stocks to sell.