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|Interesting July 2018 Stock Options for WFC
Monday, December 4, 11:58 AM ET, by Market News Video Staff
Consistently, one of the more popular stocks people enter into their stock options watchlist at ...
Noteworthy ETF Inflows: VYM, JNJ, WFC, PFE
Tuesday, December 5, 10:50 AM ET, by Market News Video Staff
Symbols mentioned in this story: VYM, JNJ, WFC, PFE Exchange traded funds (ETFs) trade just ...
Notable Wednesday Option Activity: BIIB, WFC, TROX
Wednesday, December 6, 3:53 PM ET, by Market News Video Staff
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume ...
WFC January 2018 Options Begin Trading
Thursday, December 7, 10:40 AM ET, by Market News Video Staff
Investors in Wells Fargo & Co. (WFC) saw new options begin trading today, for the ...
Wells Fargo Reaches Analyst Target Price
Friday, December 8, 9:44 AM ET, by Market News Video Staff
In recent trading, shares of Wells Fargo & Co. (WFC) have crossed above the average ...
Wells Fargo's Preferred Stock, Series Q Crosses Above 5.5% Yield Territory
By Ru Back Packer Staff, Thursday, January 18, 2:51 PM ET
In trading on Thursday, shares of Wells Fargo & Co.'s 5.85% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series Q (NYSE:WFC.PRQ) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.4625), with shares changing hands as low as $26.50 on the day. This compares to an average yield of 5.64% in the "Financial" preferred stock category, according to Ru Back Packer. As of last close, WFC.PRQ was trading at a 6.84% premium to its liquidation preference amount, versus the average premium of 4.96% in the "Financial" category. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend.
The chart below shows the one year performance of WFC.PRQ shares, versus WFC:
Below is a dividend history chart for WFC.PRQ, showing historical dividend payments on Wells Fargo & Co.'s 5.85% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series Q :
In Thursday trading, Wells Fargo & Co.'s 5.85% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series Q (NYSE:WFC.PRQ) is currently off about 0.7% on the day, while the common shares (NYSE:WFC) are up about 0.2%.
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