Wells Fargo Real Estate Investment Corporation Declares Dividend on Series A Preferred Stock
December 05 2017 - 3:30PM
Business Wire
Wells Fargo Real Estate Investment Corporation (NYSE: WFE Pr A)
announced today that its board of directors has declared a
quarterly dividend on its 6.375% cumulative perpetual preferred
stock, Series A. The dividend is equal to $0.3984375 per share of
Series A preferred stock.
The dividend is payable Dec. 29, 2017, to holders of record as
of the close of business on Dec. 15, 2017. Wells Fargo Real Estate
Investment Corporation is an indirect subsidiary of Wells Fargo
& Company and is qualified as a real estate investment trust
for federal income tax purposes.
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 8,500 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 271,000 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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