Not long after I purchased some Wells Fargo & Company (WFC) shares for my "nonPension" portfolio, the unauthorized account scandal was uncovered, causing the share price to fall. Some investors said they would never trust WFC again. I held onto my investment, the price rose, and now the price is at or near an all time high.
WFC was in the "green zone" when I bought it, and it is in the green zone now, too.
Since I bought in to WFC, the company has not announced a dividend increase, but the dividend yield at the tiem of my purchase was over 3%, which was not too bad.


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