| [December 07, 2018] |
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Wells Fargo Real Estate Investment Corporation Declares Dividend on Series A Preferred Stock
Wells Fargo (News - Alert) 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 Dec. 31, 2018, to holders of record as of the
close of business on Dec. 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 7,950
locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile
banking, and has offices in 37 countries and territories to support
customers who conduct business in the global economy. With approximately
262,000 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181207005530/en/
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