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Wells Fargo & Company Declares Cash Dividends on Preferred Stock

Business

Wells Fargo & Company Declares Cash Dividends on Preferred Stock
Business

Business

Wells Fargo & Company Declares Cash Dividends on Preferred Stock

2026-05-15 20:02 Last Updated At:20:10

SAN FRANCISCO--(BUSINESS WIRE)--May 15, 2026--

Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260515781965/en/

A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share, which is traded on the New York Stock Exchange under the symbol “WFCPrL”. The Series L dividend is payable on June 15, 2026, to holders of record as of the close of business on May 31, 2026.

A quarterly cash dividend of $351.56 per share was declared on its 5.625% noncumulative perpetual class A preferred stock, Series Y, liquidation preference $25,000 per share. This dividend equals $0.35156 per depositary share, each representing a 1/1,000 interest in a share of Series Y preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrY”. The Series Y dividend is payable on June 15, 2026, to holders of record as of the close of business on May 29, 2026.

A quarterly cash dividend of $296.88 per share was declared on its 4.75% noncumulative perpetual class A preferred stock, Series Z, liquidation preference $25,000 per share. This dividend equals $0.29688 per depositary share, each representing a 1/1,000 interest in a share of Series Z preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrZ”. The Series Z dividend is payable on June 15, 2026, to holders of record as of the close of business on May 29, 2026.

A quarterly cash dividend of $293.75 per share was declared on its 4.70% noncumulative perpetual class A preferred stock, Series AA, liquidation preference $25,000 per share. This dividend equals $0.29375 per depositary share, each representing a 1/1,000 interest in a share of Series AA preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrA”. The Series AA dividend is payable on June 15, 2026, to holders of record as of the close of business on May 29, 2026.

A quarterly cash dividend of $273.44 per share was declared on its 4.375% noncumulative perpetual class A preferred stock, Series CC, liquidation preference $25,000 per share. This dividend equals $0.27344 per depositary share, each representing a 1/1,000 interest in a share of Series CC preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrC”. The Series CC dividend is payable on June 15, 2026, to holders of record as of the close of business on May 29, 2026.

A quarterly cash dividend of $265.63 per share was declared on its 4.25% noncumulative perpetual class A preferred stock, Series DD, liquidation preference $25,000 per share. This dividend equals $0.26563 per depositary share, each representing a 1/1,000 interest in a share of Series DD preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrD”. The Series DD dividend is payable on June 15, 2026, to holders of record as of the close of business on May 29, 2026.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.2 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune’s 2025 rankings of America’s largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com
LinkedIn: https://www.linkedin.com/company/wellsfargo

News Release Category: WF-CFH

Wells Fargo red sign displayed on a city building exterior.

Wells Fargo red sign displayed on a city building exterior.

DAKAR, Senegal (AP) — The Trump administration has deported 15 Latin Americans to the Democratic Republic of Congo, sending them to an unfamiliar country thousands of miles from home — many despite U.S. court orders protecting them from deportation to their homelands.

The Associated Press spoke by phone with a 29-year-old Colombian woman about her experience. She spoke on condition of anonymity for fear of reprisals.

Here are takeaways from AP's story.

All the deportees had received legal orders from U.S. judges shielding them from removal to their home countries, according to U.S. attorney Alma David, one of their lawyers. The Colombian woman was granted protection under the U.N. Convention Against Torture in May 2025, after a federal judge ruled she could not safely be returned to Colombia, where she had faced threats from armed groups and abuse by a former partner in government.

She was nonetheless detained at a routine U.S. Immigration and Customs Enforcement check-in earlier this year and told a third country had been found for her. Less than three weeks later, she was on a plane — hands and feet restrained during a nearly 24-hour charter flight. She learned she was going to Congo the day before departure.

A recent U.S. court ruling found the government likely broke the law by deporting a fellow Colombian to Congo. What that means for the others remains unclear.

The Trump administration has struck deals with at least eight African countries to accept deportees who are not their own nationals — people whose home countries won’t take them back or who have court protections preventing their return. Legal experts say the arrangements function as an effective loophole in U.S. immigration law.

The terms of Congo’s deal are unclear. Unlike other participating countries, which have received millions of dollars, Congolese President Félix Tshisekedi has called it an “act of goodwill,” with no financial compensation. The deal comes as Washington has pressured neighboring Rwanda over its support for the M23 rebel group in eastern Congo — a dynamic analysts say may help explain Kinshasa’s cooperation.

The Department of Homeland Security did not respond to questions about the Colombian woman’s case but has asserted the agreements “ensure due process under the U.S. Constitution.” The Trump administration says they are needed to “remove criminal illegal aliens.”

The International Organization for Migration, a U.N.-affiliated body, plays a central role in managing the deportees’ lives in Kinshasa. They stay in bungalows at a hotel near the airport, with costs covered by Congo’s government, according to the IOM. The gates are locked and security does not let them leave alone, the Colombian woman said.

Deportees may go out roughly once a week, accompanied by IOM staff, with about 30 minutes to shop or withdraw money. “They choose where we go and what we buy,” the woman said.

The IOM has also presented deportees with their options: return to their home countries — where many face the persecution they fled — with IOM assistance, or remain in Congo with no support. Her attorney, Alma David, called them “impossible choices,” saying the deportations violated due process rights, U.S. immigration law, and international treaty obligations.

The deportees arrived on three-month Congolese visas. What happens when those expire is unclear. They have been told they can apply for asylum in Congo — an option none have taken.

The woman says she doesn’t feel safe there. The food has made several of them sick. French and Lingala are as foreign as the surroundings. She spends most of her time in her room, making late-night calls to her 10-year-old daughter back in Colombia.

Congolese human rights groups have called the arrangement a violation of international refugee law. The Congo-based Institute for Human Rights Research described it as “arbitrary detention by proxy for the United States.”

The woman, who managed a dessert shop in Colombia before fleeing, says she committed no crime, and just fled to the United States for safety. Instead she is stranded in a country she had never heard of, with no timeline and no plan.

An exterior view of a hotel where a Colombian woman was deported to from the United States, in Kinshasa, Congo, Saturday, May 10, 2026. (UGC via AP)

An exterior view of a hotel where a Colombian woman was deported to from the United States, in Kinshasa, Congo, Saturday, May 10, 2026. (UGC via AP)

FILE - Pedestrians slalom between traffic to cross the road in Kinshasa, Congo, Tuesday Jan. 8, 2019. (AP Photo/Jerome Delay, file)

FILE - Pedestrians slalom between traffic to cross the road in Kinshasa, Congo, Tuesday Jan. 8, 2019. (AP Photo/Jerome Delay, file)

A chair is seen outside a hotel room where a Colombian woman was deported to from the United States, in Kinshasa, Congo, Saturday, May 10, 2026. (UGC via AP)

A chair is seen outside a hotel room where a Colombian woman was deported to from the United States, in Kinshasa, Congo, Saturday, May 10, 2026. (UGC via AP)

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