Preferred Stock Channel
Wells Fargo & Co (New) | Non-Cumulative Perpetual Class A Preferred Stock, Series V (WFC.PRV)

Prospectus excerpt:  Wells Fargo & Company is offering 36,000,000 depositary shares, each representing a 1/1,000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series V, no par value, with a liquidation preference amount of $25,000 per share (equivalent to $25 per depositary share) (the ˘Series V Preferred Stock÷). Each depositary share entitles the holder, through the depositary, to a proportional fractional interest in all rights, powers and preferences of the Series V Preferred Stock represented by the depositary share.

Full Prospectus PDF », WFC Page »

Series:V
Alternate symbology:WFC-V, WFC-PV, WFCprV
Redeemable?:Yes
Call Date:12/15/2020
Perpetual?:Yes
Cumulative?:No
Shares Offered:36,000,000
Overallotment:4,000,000
Liquidation Preference:$25
Recent Market Price:$24.99
Discount to Liquidation Preference:
(More Preferreds Trading at a Discount »)
$-0.01 (-0.04%)
Annualized Dividend:1.5
Recent Ex-Date:2/27/2020
Current Yield:6.00%
Original Coupon:6.00%
Pay Period:Quarterly
Pay Dates:15-Mar, 15-Jun, 15-Sep, 15-Dec
Wells Fargo & Company is a financial and a bank holding company. Through its subsidiaries, Co. provides banking, investment and mortgage products and services, as well as consumer and commercial finance. Co. provides consumer financial products and services including checking and savings accounts, credit and debit cards, and automobile, student, mortgage and home equity and small business lending, as well as financial planning, private banking, investment management, and fiduciary services. Co. also provides financial solutions including commercial loans and lines of credit, letters of credit, asset-based lending, trade financing, treasury management, and investment banking services.

Preferreds: WNA.PR, WFC.PRN, WFC.PRJ, WFC.PRL, WFC.PRO, WFC.PRP, WFC.PRQ, WFC.PRR, WFC.PRT, WFE.PRA, WFC.PRW, WFC.PRX, WFC.PRV, WFC.PRY


Open the WFC Information Page »
Name:  Wells Fargo & Co (New)
Website:  www.wellsfargo.com
Sector:  Banking & Savings
Number of ETFs Holding WFC:  103 (see which ones)
Total Market Value Held by ETFs:  $9,059,414,451.64
Total Market Capitalization:  $111,599,000,000
% of Market Cap. Held by ETFs:  8.12%

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game
Quotes delayed 20 minutes

Wells Fargo & Co (New) | Non-Cumulative Perpetual Class A Preferred Stock, Series V (WFC.PRV) Information Page | Preferred Stock Channel | www.PreferredStockChannel.com | Copyright © 2011 - 2020, All Rights Reserved

Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.