Wells Fargo & Company 5.50% Non-Cumulative Perpetual Class A Preferred Stock, Series X

By: ,

 

Date Issued   6/8/2016

Shares Issued   40,000,000    Overallotment Shares  6,000,000

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S&P Rating   BBB     Moodys Rating   Baa3

Security Ticker Symbol    WFC-X   OTC Grey Market   WLLPP

Market Traded ON NYSE

Dividend Payment Paid on the 15th of March, June, September and December beginning on 09/15/2016

Quarterly Dividend   .343    Annual Dividend  1.375

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Securities may be redeemed, at the issuers option, as early as 9/15/2021 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 & Co

Click Here for the offering Prospectus

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