Wells Fargo & Co.'s Non-cumulative Exchangeable Perpetual Series A Preferred Securities Ex-Dividend Reminder

On 9/12/13, Wells Fargo & Co.'s 7.25% Non-cumulative Exchangeable Perpetual Series A Preferred Securities (NYSE: WNA.PR) will trade ex-dividend, for its quarterly dividend of $0.4531, payable on 9/30/13. As a percentage of WNA.PR's recent share price of $26.21, this dividend works out to approximately 1.73%, so look for shares of WNA.PR to trade 1.73% lower -- all else being equal -- when WNA.PR shares open for trading on 9/12/13. On an annualized basis, the current yield is approximately 6.90%,...