Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

WELLS FARGO & COMPANY

(WFC)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Wells Fargo & Company : Declares Cash Dividends on Preferred Stock

05/14/2021 | 08:02am EDT

Wells Fargo & Company (NYSE: WFC) today announced dividends on 10 series of preferred stock.

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, 2021, to holders of record as of the close of business on May 28, 2021.

A quarterly cash dividend of $325.00 per share was declared on its 5.20% noncumulative perpetual class A preferred stock, Series N, liquidation preference $25,000 per share. This dividend equals $0.325 per depositary share, each representing a 1/1,000 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, 2021, to holders of record as of the close of business on May 28, 2021.

A quarterly cash dividend of $320.31 per share was declared on its 5.125% noncumulative perpetual class A preferred stock, Series O, liquidation preference $25,000 per share. This dividend equals $0.32031 per depositary share, each representing a 1/1,000 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, 2021, to holders of record as of the close of business on May 28, 2021.

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, 2021, to holders of record as of the close of business on May 28, 2021.

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, 2021, to holders of record as of the close of business on May 28, 2021.

A quarterly cash dividend of $343.75 per share was declared on its 5.50% noncumulative perpetual class A preferred stock, Series X, liquidation preference $25,000 per share. This dividend equals $0.34375 per depositary share, each representing a 1/1,000 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 June 15, 2021, to holders of record as of the close of business on May 28, 2021.

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, 2021, to holders of record as of the close of business on May 28, 2021.

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, 2021, to holders of record as of the close of business on May 28, 2021.

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, 2021, to holders of record as of the close of business on May 28, 2021.

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, 2021, to holders of record as of the close of business on May 28, 2021.

About Wells Fargo

Wells Fargo & Company is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies 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. 30 on Fortune’s 2020 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 Release Category: WF-CF


© Business Wire 2021
All news about WELLS FARGO & COMPANY
06/18WELLS FARGO MPANY  : Thinking about buying stock in Wells Fargo, ContextLogic, N..
PR
06/18XPO LOGISTICS  : Wells Fargo Adjusts XPO Logistics' Price Target to $183 From $1..
MT
06/18SAIA  : Wells Fargo Upgrades Saia to Overweight From Equal-Weight; Price Target ..
MT
06/18SHOCKWAVE MEDICAL  : Wells Fargo Downgrades ShockWave Medical to Equal-Weight Fr..
MT
06/18UBS  : JPMorgan, UBS, Wells Fargo to allow U.S. employees take day off for Junet..
RE
06/17WELLS FARGO MPANY  : Julie Caperton Named Head of Wells Fargo Private Bank for W..
BU
06/17WELLS FARGO MPANY  : Opportunity Finance Network Receives Largest Grant in 35-Ye..
BU
06/17Factbox-Global big banks plot back-to-office plans as vaccines roll out
RE
06/17DOW  : Wells Fargo Adjusts Dow's Price Target to $83 from $80, Keeps Overweight ..
MT
06/17NORTHERN OIL AND GAS  : Wells Fargo Adjusts Northern Oil and Gas' Price Target t..
MT
More news
Financials (USD)
Sales 2021 70 752 M - -
Net income 2021 15 475 M - -
Net Debt 2021 - - -
P/E ratio 2021 11,0x
Yield 2021 1,32%
Capitalization 173 B 173 B -
Capi. / Sales 2021 2,44x
Capi. / Sales 2022 2,45x
Nbr of Employees 264 513
Free-Float 75,4%
Chart WELLS FARGO & COMPANY
Duration : Period :
Wells Fargo & Company Technical Analysis Chart | WFC | US9497461015 | MarketScreener
Technical analysis trends WELLS FARGO & COMPANY
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 47,69 $
Last Close Price 41,75 $
Spread / Highest target 43,7%
Spread / Average Target 14,2%
Spread / Lowest Target -28,1%
EPS Revisions
Managers and Directors
NameTitle
Charles William Scharf President, Chief Executive Officer & Director
Michael Santomassimo Chief Financial Officer & Senior Executive VP
Charles H. Noski Chairman
Saul van Beurden Senior Executive VP & Head-Technology
Gary Owen Chief Information Security Officer
Sector and Competitors