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10 Finance Stocks that Pay Dividends - Insider Monkey

10 Finance Stocks that Pay Dividends - Insider Monkey
insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.

International organizations support BTC s letter to EU authorities regarding IAG surcharge

International organizations support BTC s letter to EU authorities regarding IAG surcharge
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Wells Fargo & Company Announces Full Redemptions of its Series O and Series X Preferred Stock and Related Depositary Shares

Posted August 3rd, 2021 for Wells Fargo SAN FRANCISCO ( ) Wells Fargo & Company (NYSE: WFC) today announced that on Sept. 15, 2021, it will redeem all 26,000 shares (the “Redeemed Series O Preferred Shares”) of its Non-Cumulative Perpetual Class A Preferred Stock, Series O (the “Series O Preferred Stock”). The redemption of the Redeemed Series O Preferred Shares will trigger the redemption of the 26,000,000 shares of the related depositary shares (the “Redeemed Series O Depositary Shares”), each representing a 1/1,000 interest in a share of Series O Preferred Stock (the “Series O Depositary Shares”) (NYSE: WFC.PRO). The redemption price will be equal to $25,000.00 per Redeemed Series O Preferred Share and $25.00 per Redeemed Series O Depositary Share. After giving effect to the redemption, no shares of the Series O Preferred Stock or the Series O Depositary Shares will remain outstanding.

Wells Fargo mpany : Utilities and High Income Fund Announces Sources of Distribution

Additional Disclosures about the Wells Fargo Closed-End Funds The fund makes distributions in accordance with a managed distribution plan that provides for the declaration of monthly distributions to common shareholders of the fund at an annual minimum fixed rate of 7.0%, based on the fund’s average monthly net asset value (NAV) per share over the prior 12 months. Under the managed distribution plan, distributions are sourced from income and also may be sourced from paid-in capital and/or capital gains. The fund’s distributions in any period may be more or less than the net return earned by the fund on its investments and therefore should not be used as a measure of performance or confused with yield or income. Distributions in excess of fund returns will cause the fund’s NAV to decline. Investors should not draw any conclusions about the fund’s investment performance from the amount of its distribution or from the terms of its managed distribution plan.

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