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Both big banks raised dividends this summer and trade at similar valuations, but one has a stronger case for retirees seeking reliable income over the long haul. The difference comes down to what happened in 2020 and a capital ratio that signals which payout you can actually count on.
It does more business than the other two on all fronts, but on one in particular.
Representative Michael A. Rulli (Republican-Ohio) recently sold shares of Wells Fargo & Company (NYSE:WFC). In a filing disclosed on October 2nd, the Representative disclosed that they had sold between $1,001 and $15,000 in Wells Fargo & Company stock on September 3rd. The trade occurred in the Repr