Market Overview

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

Share:

Wells Fargo Real Estate Investment Corporation (NYSE:WFE)
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 Oct. 1, 2018, to holders of record as of the
close of business on Sept. 17, 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 $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 8,050
locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile
banking, and has offices in 38 countries and territories to support
customers who conduct business in the global economy. With approximately
265,000 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.

Cautionary Statement about Forward-Looking Statements

This news release contains forward-looking statements about our future
financial performance and business. Because forward-looking statements
are based on our current expectations and assumptions regarding the
future, they are subject to inherent risks and uncertainties. Do not
unduly rely on forward-looking statements as actual results could differ
materially from expectations. Forward-looking statements speak only as
of the date made, and we do not undertake to update them to reflect
changes or events that occur after that date. For information about
factors that could cause actual results to differ materially from our
expectations, refer to our reports filed with the Securities and
Exchange Commission, including the "Forward-Looking Statements"
discussion in Wells Fargo's most recent Quarterly Report on Form 10-Q as
well as to Wells Fargo's other reports filed with the Securities and
Exchange Commission, including the discussion under "Risk Factors" in
our Annual Report on Form 10-K for the year ended December 31, 2017,
available on its website at www.sec.gov.

View Comments and Join the Discussion!