Wells Fargo & Company Declares Cash Dividends on Preferred Stock
August 20 2015 - 4:00PM
Business Wire
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 Sept. 15, 2015, to holders of record as of
the close of business on Aug. 31, 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 Sept. 15, 2015, to holders of
record as of the close of business on Aug. 31, 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 Sept. 15, 2015, to holders of record as of
the close of business on Aug. 31, 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 Sept. 15, 2015, to holders of record as of
the close of business on Aug. 31, 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 Sept. 15, 2015, to holders of record as of
the close of business on Aug. 31, 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 Sept. 15, 2015, to holders of record as of
the close of business on Aug. 31, 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 Sept. 15, 2015, to holders of record as of
the close of business on Aug. 31, 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 Sept. 15, 2015, to holders of record as of
the close of business on Aug. 31, 2015.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide,
diversified, community-based financial services company with $1.7
trillion in assets. Founded in 1852 and headquartered in San
Francisco, Wells Fargo provides banking, insurance, investments,
mortgage, and consumer and commercial finance through 8,700
locations, 12,800 ATMs, the internet (wellsfargo.com) and mobile
banking, and has offices in 36 countries to support customers who
conduct business in the global economy. With approximately 266,000
team members, Wells Fargo serves one in three households in the
United States. Wells Fargo & Company was ranked No. 30 on
Fortune’s 2015 rankings of America’s largest corporations. Wells
Fargo’s vision is to satisfy all our customers’ financial needs and
help them succeed financially.
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Wells Fargo & CompanyAncel Martinez, 415-222-3858 (Media)Jim
Rowe, 415-396-8216 (Investors)
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