SAN FRANCISCO--(BUSINESS WIRE)--Aug 16, 2024-- Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock. This press release features multimedia. View the full release here: https://www.
businesswire.com/news/home/20240816435117/en/ Wells Fargo Bank branch located in the Wells Fargo Center (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 Sept. 16, 2024, to holders of record as of the close of business on Aug.
30, 2024. 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 Sept. 16, 2024, to holders of record as of the close of business on Aug. 30, 2024.
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 shar.