Thread regarding Wells Fargo & Co. layoffs

February 1st!

The day they award that sweet, sweet dividend money!

What does it have to do with layoffs? not a darn thing, except that I was laid off and still reap the wf rewards.

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Post ID: @OP+1qRlXjiH

9 replies (most recent on top)

Seems selling WFC and buying JPM would be a smarter alternative. Then you get better returns + your valuable dividend. Doesn’t seem to make any sense to be holding WFC.

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Post ID: @iqy+1qRlXjiH

Jp Morgan hit a new high...I can't imagine holding stock in this garbage. Worse...the firm offers no incentive to purchase it. Other quality firms like Walmart offer ESPP and give incentives. Wells is a terrible firm.

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Post ID: @wlg+1qRlXjiH

"Dividend doesn't get paid until March 1st, not February 1st. February 1st is the ex-dividend date. If you're really no longer with the company, stop letting WF live rent free in your head. Use your brain for research instead."

Yes, I know that, Feb 1 is the day they determine what you get paid based on what you are holding. and wf isn't 'living rent free in my head', I just watch the crying on this website and compare it to the free money I get every quarter. retirement will do that to you. :)

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Post ID: @rdm+1qRlXjiH

Dividend doesn't get paid until March 1st, not February 1st. February 1st is the ex-dividend date. If you're really no longer with the company, stop letting WF live rent free in your head. Use your brain for research instead.

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Post ID: @dbr+1qRlXjiH

Only a fool holds WF stock. Dumped WF ESOP and doubled in other stocks since then.

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Post ID: @qfa+1qRlXjiH

If they're paying the dividend then bonus checks roll in which way is the stock going 60 very soon!!

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Post ID: @inm+1qRlXjiH

I predict that the stock will be under 40 and never over 60.

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Post ID: @vcm+1qRlXjiH

To be happy with a dividend as small as that, you must be holding a lot of WF stock, like 1 million worth of stock would give you 7k. And that's pre tax. Not life changing dividend.

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Post ID: @pky+1qRlXjiH

I hope you’re not holding WF stock

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Post ID: @pwb+1qRlXjiH

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