How to increase your investment in Wells Fargo & Company common stock.
If you choose, you may increase your investment by enrolling in the Wells Fargo & Company Direct Purchase and Dividend Reinvestment Plan.
Direct Stock Purchase
Increase the number of shares of Wells Fargo common stock you own by enrolling in the Direct Purchase and Dividend Reinvestment Plan (the “Plan”). This can be done by sending funds to EQ as an optional cash investment to purchase additional shares through one of these alternatives:
One-time automatic withdrawal
You can make a one-time automatic withdrawal from a designated checking or savings account at a U.S. financial institution.
Recurring automatic withdrawals
You can make regular investments with automatic monthly or semi-monthly withdrawals from a designated checking or savings account at a U.S. financial institution. Once the automatic withdrawal is initiated, funds will be debited from your designated bank account on or about the 15th and/or the 30th of each month.
This is another option to increase the number of shares of Wells Fargo common stock you own by choosing to invest your quarterly dividend to purchase additional shares through one of these alternatives:
Full dividend reinvestment
If you elect full dividend reinvestment, the dividend payment that would otherwise be paid to you in cash is instead used to purchase additional shares. Whole and fractional shares will be allocated to your Plan account.
Partial dividend reinvestment by percentage
You may elect to reinvest a portion of the dividend and receive the remainder in cash. The percentage elected will be applied against the total shares held in the account. You may elect percentages from 10-90%, in increments of 10%. The cash portion of dividends will be sent by check unless you have elected to have those dividends deposited directly to a designated U.S. or foreign bank account.
Regulations in certain countries may limit or prohibit participation in this Plan. View the full terms and conditions of the Plan by accessing the prospectus here.