Wells Fargo & Co Declares Cash Dividends On Preferred Stock


Monday, 19 Nov 2012 12:02pm EST 

Wells Fargo & Co announced that 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 December 17, 2012, to holders of record as of the close of business on November 30, 2012. 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 December 17, 2012, to holders of record as of the close of business on November 30, 2012. A quarterly cash dividend of $429.7222 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 $0.4297222 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 December 17, 2012, to holders of record as of the close of business on November 30, 2012. 

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