Rochester, NY 8/22/2009 1:34:49 AM
Wells Fargo & Company WFC, Wells Fargo & Co. Recently Releases Quarterly Cash Dividend
Wells Fargo & Company WFC
Wells Fargo & Co. declares cash dividend on preferred stock. A quarterly cash dividend of $20 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 are traded on the New York Stock Exchange under the symbol 'WFCPrJ.' The Series J dividend is payable on September 15, 2009, to holders of record as of the close of business on August 31, 2009.
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