Wells Fargo 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 April 2, 2018, to holders of record as of the
close of business on March 15, 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 $2.0 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, investments, mortgage, and consumer and
commercial finance through more than 8,300 locations, 13,000 ATMs, the
internet (wellsfargo.com) and mobile banking, and has offices in 42
countries and territories to support customers who conduct business in
the global economy. With approximately 263,000 team members, Wells Fargo
serves one in three households in the United States. Wells Fargo &
Company was ranked No. 25 on Fortune’s 2017 rankings of America’s
largest corporations.