WFC-P-Y: WELLS FARGO & COMPANY/MN 5.625% Series Y Preferred Stock
WELLS FARGO & COMPANY/MN's WFC-P-Y is an exchange-traded preferred stock in the Banks sector.
At a recent price of $22.32, WFC-P-Y yields 6.30% on its $25 liquidation preference and 5.625% coupon.
It trades at a discount of 10.7% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2022-06-15.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.