Wells Financial declares cash dividend.
Global Banking News-November 23, 2015--Wells Financial declares cash dividend
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Global Banking News - 23 November 2015
Wells Financial Corp. (OTCQB MP: WEFP), the parent holding company of Wells Federal Bank, has said that its board of directors has declared a quarterly cash dividend of USD0.18 per share on its common stock.
The dividend will be payable on December 18, 2015, to stockholders of record as of the close of business on December 4, 2015. The dividend amount represents an increase of USD0.03 per share over the amount of the quarterly cash dividend paid in 2014.
Wells Financial Corp. is the bank holding company for Wells Federal Bank, a Minnesota-chartered, FDIC-insured bank. Wells Federal Bank operates nine full-service offices in Faribault, Blue Earth, Nicollet, Freeborn, Steele and Watonwan Counties, Minnesota.
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