Wells Fargo Declares Preferred Stock Dividends

Strategic Insights -

Wells Fargo & Company has announced the declaration of quarterly cash dividends on six series of its preferred stock. The company's move is part of its commitment to providing financial rewards to its preferred stockholders. The dividends are declared for its 7.50 percent series L, 5.625 percent series Y, 4.75 percent series Z, 4.70 percent series AA, 4.375 percent series CC, and 4.25 percent series DD preferred stocks.

Key Takeaways:

  • Wells Fargo has declared a dividend of USD18.75 per share on its 7.50 percent series L non-cumulative perpetual convertible class A preferred stock.
  • The company has declared a dividend of USD351.56 per share (equivalent to USD0.35156 per depositary share) on its 5.625 percent series Y non-cumulative perpetual class A preferred stock.
  • Wells Fargo has also declared a dividend of USD296.88 per share (equivalent to USD0.29688 per depositary share) on its 4.75 percent series Z non-cumulative perpetual class A preferred stock.
  • Dividends have been declared for other preferred stock series, including 4.70 percent series AA, 4.375 percent series CC, and 4.25 percent series DD.
  • The preferred stock dividends will be payable on September 15, 2025, to holders of record as of August 29, 2025.
  • The dividends are part of Wells Fargo's commitment to providing financial rewards to its preferred stockholders.
  • The company has around USD2.0 trillion in assets and operates through four segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management.

Statistics:

  • USD18.75: dividend declared per share on 7.50% series L non-cumulative perpetual convertible class A preferred stock.
  • USD351.56: dividend declared per share (equivalent to USD0.35156 per depositary share) on 5.625% series Y non-cumulative perpetual class A preferred stock.
  • USD296.88: dividend declared per share (equivalent to USD0.29688 per depositary share) on 4.75% series Z non-cumulative perpetual class A preferred stock.
  • USD2.0tn: total assets of Wells Fargo & Company.

Sources:

  • M2 Communications http://www.m2.co.uk
  • NYSE: WFC
  • Global Banking News - 18 August 2025
  • ((Comments on this story may be sent to info@m2.co.uk))