Wells Fargo Declares Preferred Stock Dividends

Wells Fargo & Company, a leading financial services provider, has announced the declaration of dividends on six series of preferred stock. The company has a diverse portfolio of financial instruments, with approximately $1.9 trillion in assets. The declared dividends are part of Wells Fargo's ongoing commitment to its shareholders and reflect the company's financial stability and growth.

Key Takeaways:

• Wells Fargo declared dividends on six series of preferred stock: 7.50% noncumulative perpetual convertible class A preferred stock, Series L, 5.625% noncumulative perpetual class A preferred stock, Series Y, 4.75% noncumulative perpetual class A preferred stock, Series Z, 4.70% noncumulative perpetual class A preferred stock, Series AA, 4.375% noncumulative perpetual class A preferred stock, Series CC, and 4.25% noncumulative perpetual class A preferred stock, Series DD.
• The dividend amounts are as follows: Series L ($18.75 per share), Series Y ($351.56 per share), Series Z ($296.88 per share), Series AA ($293.75 per share), Series CC ($273.44 per share), and Series DD ($265.63 per share).
• The dividends are payable on June 16, 2025, to holders of record as of the close of business on May 30, 2025.
• The announced dividends reflect Wells Fargo's commitment to its shareholders and its financial stability and growth.
• Wells Fargo has approximately $1.9 trillion in assets.

Statistics:

• $1.9 trillion: Wells Fargo's approximate assets.
• 6: Number of series of preferred stock declared dividends on.
• $18.75, $351.56, $296.88, $293.75, $273.44, and $265.63: Dividend amounts per share for Series L, Series Y, Series Z, Series AA, Series CC, and Series DD, respectively.

Sources:

• M2 EQUITYBITES (2025-05-19)
• NYSE (symbol "WFC")
• Wells Fargo & Company, official website