Wells Fargo & Company (NYSE: WFC) today announced dividends
on eight series of preferred stock.
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Facade of a Wells Fargo bank branch in
Manhattan (Photo: Wells Fargo)
A quarterly cash dividend of $18.75 per share was declared on
its 7.50% noncumulative 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 June 15, 2023, to holders of
record as of the close of business on May 31, 2023.
A quarterly cash dividend of $365.63 per share was declared on
its 5.85% fixed-to-floating noncumulative perpetual class A
preferred stock, Series Q, liquidation preference $25,000 per
share. This dividend equals $0.36563 per depositary share, each
representing a 1/1,000 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 June 15, 2023,
to holders of record as of the close of business on May 31,
2023.
A quarterly cash dividend of $414.06 per share was declared on
its 6.625% fixed-to-floating noncumulative perpetual class A
preferred stock, Series R, liquidation preference $25,000 per
share. This dividend equals $0.41406 per depositary share, each
representing a 1/1,000 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 June 15, 2023,
to holders of record as of the close of business on May 31,
2023.
A quarterly cash dividend of $351.56 per share was declared on
its 5.625% noncumulative perpetual class A preferred stock, Series
Y, liquidation preference $25,000 per share. This dividend equals
$0.35156 per depositary share, each representing a 1/1,000 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 June 15, 2023, to holders of record as of
the close of business on May 31, 2023.
A quarterly cash dividend of $296.88 per share was declared on
its 4.75% noncumulative perpetual class A preferred stock, Series
Z, liquidation preference $25,000 per share. This dividend equals
$0.29688 per depositary share, each representing a 1/1,000 interest
in a share of Series Z preferred stock, which is traded on the New
York Stock Exchange under the symbol “WFCPrZ”. The Series Z
dividend is payable on June 15, 2023, to holders of record as of
the close of business on May 31, 2023.
A quarterly cash dividend of $293.75 per share was declared on
its 4.70% noncumulative perpetual class A preferred stock, Series
AA, liquidation preference $25,000 per share. This dividend equals
$0.29375 per depositary share, each representing a 1/1,000 interest
in a share of Series AA preferred stock, which is traded on the New
York Stock Exchange under the symbol “WFCPrA”. The Series AA
dividend is payable on June 15, 2023, to holders of record as of
the close of business on May 31, 2023.
A quarterly cash dividend of $273.44 per share was declared on
its 4.375% noncumulative perpetual class A preferred stock, Series
CC, liquidation preference $25,000 per share. This dividend equals
$0.27344 per depositary share, each representing a 1/1,000 interest
in a share of Series CC preferred stock, which is traded on the New
York Stock Exchange under the symbol “WFCPrC”. The Series CC
dividend is payable on June 15, 2023, to holders of record as of
the close of business on May 31, 2023.
A quarterly cash dividend of $265.63 per share was declared on
its 4.25% noncumulative perpetual class A preferred stock, Series
DD, liquidation preference $25,000 per share. This dividend equals
$0.26563 per depositary share, each representing a 1/1,000 interest
in a share of Series DD preferred stock, which is traded on the New
York Stock Exchange under the symbol “WFCPrD”. The Series DD
dividend is payable on June 15, 2023, to holders of record as of
the close of business on May 31, 2023.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial
services company that has approximately $1.9 trillion in assets,
proudly serves one in three U.S. households and more than 10% of
small businesses in the U.S., and is a leading middle market
banking provider in the U.S. We provide a diversified set of
banking, investment and mortgage products and services, as well as
consumer and commercial finance, through our four reportable
operating segments: Consumer Banking and Lending, Commercial
Banking, Corporate and Investment Banking, and Wealth &
Investment Management. Wells Fargo ranked No. 41 on Fortune’s 2022
rankings of America’s largest corporations. In the communities we
serve, the company focuses its social impact on building a
sustainable, inclusive future for all by supporting housing
affordability, small business growth, financial health and a
low-carbon economy.
News, insights, and perspectives from Wells Fargo are also
available at Wells Fargo Stories.
Additional information may be found at www.wellsfargo.com |
Twitter: @WellsFargo.
News Release Category: WF-CF
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version on businesswire.com: https://www.businesswire.com/news/home/20230515005744/en/
Media Beth Richek, 704-374-2545
Beth.Richek@wellsfargo.com
Investor Relations Tanya Quinn, 415-396-7495
tanya.quinn@wellsfargo.com
Wells Fargo (NYSE:WFC)
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