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PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

Wells Fargo Real Estate Investment Corporation Declares Dividend on Series A Preferred Stock

March 5, 2019

SAN FRANCISCO--(BUSINESS WIRE)--Mar 5, 2019--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 1, 2019, to holders of record as of the close of business on March 15, 2019. 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 $1.9 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, investment and mortgage products and services, as well as consumer and commercial finance, through 7,800 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 37 countries and territories to support customers who conduct business in the global economy. With approximately 259,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2018 rankings of America’s largest corporations.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190305005847/en/

CONTACT: Media

Ancel Martinez, 415-222-3858

Ancel.Martinez@wellsfargo.comInvestor Relations

John Campbell, 415-396-0523

John.M.Campbell@wellsfargo.com

KEYWORD: UNITED STATES NORTH AMERICA CANADA CALIFORNIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES REIT BANKING FINANCE CONSTRUCTION & PROPERTY

SOURCE: Wells Fargo & Company

Copyright Business Wire 2019.

PUB: 03/05/2019 03:00 PM/DISC: 03/05/2019 03:01 PM

http://www.businesswire.com/news/home/20190305005847/en