30 Growing Dividend Stocks with Low PE Ratios

7. Wells Fargo & Company (NYSE:WFC)

Forward P/E Ratio as of April 22: 11.27

Wells Fargo & Company (NYSE:WFC) is an American financial services company that has a significant global presence. In the first quarter of 2025, the company posted revenue of $20.1 billion, a decline from $20.8 billion in the same quarter last year and falling short of analyst expectations by $610 million. Despite the dip in revenue, the bank saw an increase in net income, which rose to over $4.9 billion from $4.6 billion a year earlier.

Wells Fargo & Company (NYSE:WFC) remains a major player in the financial sector, with a wide footprint in consumer banking, corporate and investment banking, and wealth and investment management. Recently, the company has prioritized enhancing its digital capabilities and expanding its services for individual clients. Its operations are underpinned by strong regulatory practices, disciplined capital and liquidity oversight, and ongoing investment in technology.

Wells Fargo & Company (NYSE:WFC) continues to demonstrate financial resilience, backed by a solid Common Equity Tier 1 (CET1) ratio of 11.1%. Thanks to its robust cash position, the company has consistently maintained its dividend payments since 1988. It currently offers a quarterly dividend of $0.40 per share and has a dividend yield of 2.42%, as of April 22.