News Column

Wells Fargo & Company Declares Cash Dividends on Preferred Stock

February 17, 2014



SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) today announced dividends on seven 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 17, 2014, to holders of record as of the close of business on February 28, 2014.

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 17, 2014, to holders of record as of the close of business on February 28, 2014.

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. This dividend equals $0.325 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 March 17, 2014, to holders of record as of the close of business on February 28, 2014.

A quarterly cash dividend of $320.31 per share was declared on its 5.125% non-cumulative perpetual class A preferred stock, Series O, liquidation preference $25,000 per share. This dividend equals $0.32031 per depositary share, each representing a 1/1,000th interest in a share of Series O preferred stock, which is traded on the New York Stock Exchange under the symbol WFCPrO. The Series O dividend is payable on March 17, 2014, to holders of record as of the close of business on February 28, 2014.

A quarterly cash dividend of $328.13 per share was declared on its 5.25% non-cumulative perpetual class A preferred stock, Series P, liquidation preference $25,000 per share. This dividend equals $0.32813 per depositary share, each representing a 1/1,000th interest in a share of Series P preferred stock, which is traded on the New York Stock Exchange under the symbol WFCPrP. The Series P dividend is payable on March 17, 2014, to holders of record as of the close of business on February 28, 2014.

A quarterly cash dividend of $365.63 per share was declared on its 5.85% non-cumulative perpetual class A preferred stock, Series Q, liquidation preference $25,000 per share. This dividend equals $0.36563 per depositary share, each representing a 1/1,000th interest in a share of Series Q preferred stock, which is traded on the New York Stock Exchange under the symbol WFCPrQ. The Series Q dividend is payable on March 17, 2014, to holders of record as of the close of business on February 28, 2014.

A quarterly cash dividend of $400.26 per share was declared on its 6.625% non-cumulative perpetual class A preferred stock, Series R, liquidation preference $25,000 per share. This dividend equals $0.40026 per depositary share, each representing a 1/1,000th interest in a share of Series R preferred stock, which is traded on the New York Stock Exchange under the symbol WFCPrR. The Series R dividend is payable on March 17, 2014, to holders of record as of the close of business on February 28, 2014.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.5 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 locations, 12,000 ATMs, and the Internet (wellsfargo.com), and has offices in more than 35 countries to support the banks customers who conduct business in the global economy. With more than 264,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortunes 2013 rankings of Americas largest corporations. Wells Fargos vision is to satisfy all our customers financial needs and help them succeed financially.




Wells Fargo & Company

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Source: Wells Fargo & Company


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