Wells Fargo Issues New Preferred Stock

By: ,

Wells Fargo has sold a 6% non cumulative preferred stock.

The shares will begin to trade on the OTC market beginning on Wednesday, July 16th.

Because it is perpetual and non cumulative at a low interest rate we have no interest at this time in this issue.


Details of the issue are here.

Are YOU Ready for the Biden Disaster Plan?
"...It's worse than you think."
—Dr. Mark Skousen
Search Dividend Investor