Wells Fargo's Preferred Stock, Series Q Yield Pushes Past 5.5%

In trading on Tuesday, shares of Wells Fargo & Co.'s 5.85% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series Q (WFC. RQ) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.4625), with shares changing hands as low as $26.56 on the day.
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