Wells Fargo Real Estate Investment Corporation Declares Dividend on Series A Preferred Stock
September 07 2018 - 3:15PM
Business Wire
Wells Fargo Real Estate Investment Corporation (NYSE: WFE Pr A)
announced today that its board of directors has declared a
quarterly dividend on its 6.375% cumulative perpetual preferred
stock, Series A. The dividend is equal to $0.3984375 per share of
Series A preferred stock.
The dividend is payable Oct. 1, 2018, to holders of record as of
the close of business on Sept. 17, 2018. Wells Fargo Real Estate
Investment Corporation is an indirect subsidiary of Wells Fargo
& Company and is qualified as a real estate investment trust
for federal income tax purposes.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified,
community-based financial services company with $1.9 trillion in
assets. Wells Fargo’s vision is to satisfy our customers’ financial
needs and help them succeed financially. Founded in 1852 and
headquartered in San Francisco, Wells Fargo provides banking,
investment and mortgage products and services, as well as consumer
and commercial finance, through 8,050 locations, 13,000 ATMs, the
internet (wellsfargo.com) and mobile banking, and has offices in 38
countries and territories to support customers who conduct business
in the global economy. With approximately 265,000 team members,
Wells Fargo serves one in three households in the United States.
Wells Fargo & Company was ranked No. 26 on Fortune’s 2018
rankings of America’s largest corporations.
Cautionary Statement about Forward-Looking Statements
This news release contains forward-looking statements about our
future financial performance and business. Because forward-looking
statements are based on our current expectations and assumptions
regarding the future, they are subject to inherent risks and
uncertainties. Do not unduly rely on forward-looking statements as
actual results could differ materially from expectations.
Forward-looking statements speak only as of the date made, and we
do not undertake to update them to reflect changes or events that
occur after that date. For information about factors that could
cause actual results to differ materially from our expectations,
refer to our reports filed with the Securities and Exchange
Commission, including the “Forward-Looking Statements” discussion
in Wells Fargo’s most recent Quarterly Report on Form 10-Q as well
as to Wells Fargo’s other reports filed with the Securities and
Exchange Commission, including the discussion under “Risk Factors”
in our Annual Report on Form 10-K for the year ended December 31,
2017, available on its website at www.sec.gov.
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version on businesswire.com: https://www.businesswire.com/news/home/20180907005470/en/
MediaAncel Martinez,
415-222-3858Ancel.Martinez@wellsfargo.comorInvestor
RelationsJohn Campbell,
415-396-0523John.M.Campbell@wellsfargo.com
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