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Wells Fargo & Co Declares Cash Dividends On Preferred Stock


Friday, 15 Feb 2013 03:05pm EST 

Wells Fargo & Co announced that dividends on four series of preferred stock. A 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 March 15, 2013, to holders of record as of the close of business on February 28, 2013. 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 March 15, 2013, to holders of record as of the close of business on February 28, 2013. A quarterly cash dividend of $325.00 per share was declared on its 5.20% non-cumulative perpetual class A preferred stock, Series N, liquidation preference $25,000 per share. The Series N dividend is payable on March 15, 2013, to holders of record as of the close of business on February 28, 2013. A quarterly cash dividend of $409.29 per share was declared on its 5.125% non-cumulative perpetual class A preferred stock, Series O, liquidation preference $25,000 per share.