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WFC-P-L: WELLS FARGO & COMPANY/MN 7.5% Series L Preferred Stock

WFC-P-L →

WELLS FARGO & COMPANY/MN's WFC-P-L is an exchange-traded preferred stock in the Banks sector. At a recent price of $1185.64, WFC-P-L yields 6.33% on its $1000 liquidation preference and 7.5% coupon. It trades at a premium of 18.6% to par. The issue is non-cumulative, perpetual (no stated maturity), convertible. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.

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