Wells Fargo & Company Announces $18.75 Quarterly Dividend for Perpetual Preferred Series CNV A
Wells Fargo & Company has declared a quarterly dividend of $18.75 per share for its Perpetual Preferred Series CNV A (WFC.PR.L). The payout remains consistent with the previous distribution period, maintaining steady income levels for holders of this specific preferred security. The dividend is scheduled to be paid on December 15, with a record date and ex-dividend date set for November 30. Given the current pricing structure, the instrument reflects an exceptionally high forward yield of 87.45%, reflecting its status as a fixed-income preferred equity component.
Topics: dividend announcement fixed income
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Part of the story WELLS FARGO & COMPANY/MN - 4 Filing (6 articles)