Wells Fargo 8% Non Cumulative, Perpetual Preferred Stock

By: ,

Originally Issued by Wachovia

S&P Rating   BBB+   Moodys Rating   Baa3

Security Ticker Symbol   WFC-J

Market Traded ON   NYSE

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Dividend Payment Paid on the 15th of March, June, September and December beginning on 3/15/2008

Quarterly Dividend   .500   Annual Dividend   2.000

Securities may be redeemed, at the issuers option, as early as 12/15/2017 for a redemption price of $25/share plus accrued dividends

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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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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