(Reuters) – Wells Fargo & Co on Tuesday raised its quarterly stock dividend by 14 percent as it awaits U.S. Federal Reserve permission to potentially return even more capital to shareholders in the coming year. The No. 4 U.S. bank by assets said in a statement that the increase of 3 cents to 25 cents per share was part of a capital plan that received approval from the U.S. Federal Reserve in 2012. Wells in March raised its quarterly dividend by 10 cents to 22 cents per share after the Fed completed annual stress tests on large U.S. banks. …
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