Wells Fargo's Preferred Stock, Series O Crosses Above 5.5% Yield Territory

In trading on Thursday, shares of Wells Fargo & Co.'s Non-Cumulative Perpetual Class A Preferred Stock, Series O (NYSE: WFC.PRO) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.2812), with shares changing hands as low as $23.16 on the day. This compares to an average