WELLS FARGO: Wells Fargo & Company Declares Cash Dividends on Preferred Stock

Wells Fargo issued the following announcement on Feb. 19.

Wells Fargo & Company (NYSE: WFC) today announced dividends on 12 series of preferred stock.

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 March 16, 2020, to holders of record as of the close of business on Feb. 28, 2020.

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 March 16, 2020, to holders of record as of the close of business on Feb. 28, 2020.

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 March 16, 2020, to holders of record as of the close of business on Feb. 28, 2020.

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 March 16, 2020, to holders of record as of the close of business on Feb. 28, 2020.

A quarterly cash dividend of $365.63 per share was declared on its 5.85% fixed-to-floating 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 March 16, 2020, to holders of record as of the close of business on Feb. 28, 2020.

A quarterly cash dividend of $414.06 per share was declared on its 6.625% fixed-to-floating 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 March 16, 2020, to holders of record as of the close of business on Feb. 28, 2020.

As previously announced, 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 March 16, 2020, to holders of record as of the close of business on Feb. 28, 2020.

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 March 16, 2020, to holders of record as of the close of business on Feb. 28, 2020.

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 March 16, 2020, to holders of record as of the close of business on Feb. 28, 2020.

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 March 16, 2020, to holders of record as of the close of business on Feb. 28, 2020.

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 March 16, 2020, to holders of record as of the close of business on Feb. 28, 2020.

A quarterly cash dividend of $158.33 per share was declared on its 4.75% non-cumulative perpetual class A preferred stock, Series Z, liquidation preference $25,000 per share. This dividend equals $0.15833 per depositary share, each representing a 1/1,000th 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 March 16, 2020, to holders of record as of the close of business on Feb. 28, 2020.

Original source can be found here.

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Wells Fargo 435 S Main St Lumberton, TX 77657