Wells Fargo & Company Declares Cash Dividends on Preferred Stock
OREANDA-NEWS. May 19, 2015. Wells Fargo & Company (NYSE: WFC) today announced dividends on eight 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 June 15, 2015, to holders of record as of the close of business on May 29, 2015.
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 June 15, 2015, to holders of record as of the close of business on May 29, 2015.
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 June 15, 2015, to holders of record as of the close of business on May 29, 2015.
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 June 15, 2015, to holders of record as of the close of business on May 29, 2015.
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 June 15, 2015, to holders of record as of the close of business on May 29, 2015.
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 June 15, 2015, to holders of record as of the close of business on May 29, 2015.
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 June 15, 2015, to holders of record as of the close of business on May 29, 2015.
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 June 15, 2015, to holders of record as of the close of business on May 29, 2015.
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