WFC-P-Z: WELLS FARGO & COMPANY/MN 4.75% Series Z Preferred Stock
WELLS FARGO & COMPANY/MN's WFC-P-Z is an exchange-traded preferred stock in the Banks sector.
At a recent price of $18.60, WFC-P-Z yields 6.38% on its $25 liquidation preference and 4.75% coupon.
It trades at a discount of 25.6% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2025-03-15.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.