Wells Fargo's Preferred Stock, Series X Yield Pushes Past 5.5%
September 16, 2019 at 14:11 PM EDT
In trading on Monday, shares of Wells Fargo & Co's Non-Cumulative Perpetual Class A Preferred Stock, Series X (WFC. RX) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.375), with shares changing hands as low as $24.43 on the day.