Wells Fargo 5.85% Fixed to Floating Non Cumulative Preferred
By: Tim McPartland,
S&P Rating BBB+ Moodys Rating Baa3
Security Ticker Symbol WFC-Q
Market Traded ON NYSE
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Dividend Payment Paid on the 15th of March, June, September and December beginning on 09/15/2013
Quarterly Dividend .366 Annual Dividend 1.4625
Securities may be redeemed, at the issuers option, as early as 9/15/2023 for a redemption price of $25/share plus accrued dividends
After 9/15/2023 dividend rate will change to 3 month libor plus 3.09%
Dividend Payment Will Likely be a Qualified Distribution
Maturity Date None
Company Investor Relations Page for Wells Fargo
Below you can find the offering Prospectus and Final Pricing Document
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