Wells Fargo & Company (NYSE: WFC) today announced dividends
on twelve series of preferred stock.
A quarterly cash dividend of $20.00 per share was declared on
its 8.00% non-cumulative perpetual class A preferred stock, Series
J, liquidation preference $1,000 per share. This dividend equals
$0.50 per depositary share, each representing a 1/40th interest in
a share of Series J preferred stock, which is traded on the New
York Stock Exchange under the symbol “WFCPrJ”. The Series J
dividend is payable on December 15, 2017, to holders of record as
of the close of business on November 30, 2017.
A quarterly cash dividend of $18.75 per share was declared on
its 7.50% non-cumulative perpetual convertible class A preferred
stock, Series L, liquidation preference $1,000 per share, which is
traded on the New York Stock Exchange under the symbol “WFCPrL”.
The Series L dividend is payable on December 15, 2017, to holders
of record as of the close of business on November 30, 2017.
A quarterly cash dividend of $325.00 per share was declared on
its 5.20% non-cumulative perpetual class A preferred stock, Series
N, liquidation preference $25,000 per share. This dividend equals
$0.325 per depositary share, each representing a 1/1,000th interest
in a share of Series N preferred stock, which is traded on the New
York Stock Exchange under the symbol “WFCPrN”. The Series N
dividend is payable on December 15, 2017, to holders of record as
of the close of business on November 30, 2017.
A quarterly cash dividend of $320.31 per share was declared on
its 5.125% non-cumulative perpetual class A preferred stock, Series
O, liquidation preference $25,000 per share. This dividend equals
$0.32031 per depositary share, each representing a 1/1,000th
interest in a share of Series O preferred stock, which is traded on
the New York Stock Exchange under the symbol “WFCPrO”. The Series O
dividend is payable on December 15, 2017, to holders of record as
of the close of business on November 30, 2017.
A quarterly cash dividend of $328.13 per share was declared on
its 5.25% non-cumulative perpetual class A preferred stock, Series
P, liquidation preference $25,000 per share. This dividend equals
$0.32813 per depositary share, each representing a 1/1,000th
interest in a share of Series P preferred stock, which is traded on
the New York Stock Exchange under the symbol “WFCPrP”. The Series P
dividend is payable on December 15, 2017, to holders of record as
of the close of business on November 30, 2017.
A quarterly cash dividend of $365.63 per share was declared on
its 5.85% non-cumulative perpetual class A preferred stock, Series
Q, liquidation preference $25,000 per share. This dividend equals
$0.36563 per depositary share, each representing a 1/1,000th
interest in a share of Series Q preferred stock, which is traded on
the New York Stock Exchange under the symbol “WFCPrQ”. The Series Q
dividend is payable on December 15, 2017, to holders of record as
of the close of business on November 30, 2017.
A quarterly cash dividend of $414.06 per share was declared on
its 6.625% non-cumulative perpetual class A preferred stock, Series
R, liquidation preference $25,000 per share. This dividend equals
$0.41406 per depositary share, each representing a 1/1,000th
interest in a share of Series R preferred stock, which is traded on
the New York Stock Exchange under the symbol “WFCPrR”. The Series R
dividend is payable on December 15, 2017, to holders of record as
of the close of business on November 30, 2017.
A quarterly cash dividend of $375.00 per share was declared on
its 6.00% non-cumulative perpetual class A preferred stock, Series
T, liquidation preference $25,000 per share. This dividend equals
$0.375 per depositary share, each representing a 1/1,000th interest
in a share of Series T preferred stock, which is traded on the New
York Stock Exchange under the symbol “WFCPrT”. The Series T
dividend is payable on December 15, 2017, to holders of record as
of the close of business on November 30, 2017.
A quarterly cash dividend of $375.00 per share was declared on
its 6.00% non-cumulative perpetual class A preferred stock, Series
V, liquidation preference $25,000 per share. This dividend equals
$0.375 per depositary share, each representing a 1/1,000th interest
in a share of Series V preferred stock, which is traded on the New
York Stock Exchange under the symbol “WFCPrV”. The Series V
dividend is payable on December 15, 2017, to holders of record as
of the close of business on November 30, 2017.
A quarterly cash dividend of $356.25 per share was declared on
its 5.70% non-cumulative perpetual class A preferred stock, Series
W, liquidation preference $25,000 per share. This dividend equals
$0.35625 per depositary share, each representing a 1/1,000th
interest in a share of Series W preferred stock, which is traded on
the New York Stock Exchange under the symbol “WFCPrW”. The Series W
dividend is payable on December 15, 2017, to holders of record as
of the close of business on November 30, 2017.
A quarterly cash dividend of $343.75 per share was declared on
its 5.50% non-cumulative perpetual class A preferred stock, Series
X, liquidation preference $25,000 per share. This dividend equals
$0.34375 per depositary share, each representing a 1/1,000th
interest in a share of Series X preferred stock, which is traded on
the New York Stock Exchange under the symbol “WFCPrX”. The Series X
dividend is payable on December 15, 2017, to holders of record as
of the close of business on November 30, 2017.
A quarterly cash dividend of $351.56 per share was declared on
its 5.625% non-cumulative perpetual class A preferred stock, Series
Y, liquidation preference $25,000 per share. This dividend equals
$0.35156 per depositary share, each representing a 1/1,000th
interest in a share of Series Y preferred stock, which is traded on
the New York Stock Exchange under the symbol “WFCPrY”. The Series Y
dividend is payable on December 15, 2017, to holders of record as
of the close of business on November 30, 2017.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified,
community-based financial services company with $1.9 trillion
in assets. Wells Fargo’s vision is to satisfy our customers’
financial needs and help them succeed financially. Founded in 1852
and headquartered in San Francisco, Wells Fargo provides banking,
insurance, investments, mortgage, and consumer and commercial
finance through more than 8,400 locations, 13,000 ATMs, the
internet (wellsfargo.com) and mobile banking, and has offices in 42
countries and territories to support customers who conduct business
in the global economy. With approximately 268,000 team members,
Wells Fargo serves one in three households in the United States.
Wells Fargo & Company was ranked No. 25 on Fortune’s 2017
rankings of America’s largest corporations.
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Wells Fargo (NYSE:WFC)
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