Slideshow Floating Rate Preferred Stocks

By Preferred Stock Channel Staff, updated Wed, January 19, 2:56 AM

#46. Wells Fargo & Co (New) | 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series R (NYSE:WFC.PRR) | 5.94% CURRENT YIELD

Premium to Liquidation Preference: 11.44%Average Premium in Category: 6.12%
Current Annualized Yield: 5.94%Average Yield in Category: 5.25%
Days Since Last Ex-Div Date: 49 | See Dividend History »Categorization: Financial

Alternate symbology:WFC-R, WFC-PR, WFCprR
Call Date:3/15/2024
Shares Offered:30,000,000
Liquidation Preference:$25
Recent Market Price:$27.68
Premium to Liquidation Preference:
(More Preferreds Trading at a Premium »)
$2.68 (10.72%)
Annualized Dividend:1.65624
Recent Ex-Date:11/29/2021
Current Yield:5.98%
Original Coupon:From the date of issuance to, but excluding, March 15, 2024, 6.625%, and from, and including, March 15, 2024, an annual rate equal to three-month LIBOR plus 3.69%
Pay Period:Quarterly
Pay Dates:15-Mar, 15-Jun, 15-Sep, 15-Dec
CDx3 Compliance Rating: Learn WFC.PRR's Rating
Wells Fargo & Company is a financial holding company 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 auto, 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.


Open the WFC Information Page »
Wells Fargo & Co (New)
Banking & Savings
Number of ETFs Holding WFC: 
104 (see which ones)
Total Market Value Held by ETFs: 
Total Market Capitalization: 
% of Market Cap. Held by ETFs: 

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Floating Rate Preferred Stocks - Slide 1 of 46 |

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