Wells Fargo' Preferred Stock Series DD Yield Pushes Past 6.5%

Wells Fargo Preferred Stock Series DD (WFC.PRD) moved higher in Tuesday trading, up about 0.3%, while the company’s common shares (WFC) fell roughly 0.4%. The brief update focuses on the preferred issue’s recent performance and references a one-year performance chart for WFC.PRD. The preferred security is described as Wells Fargo & Co.’s 4.25% Dep Shares Non-Cumul Perp Cls A Preferred Stock Series DD. The content also includes a standard note that the author’s views and opinions do not necessarily reflect those of Nasdaq, Inc.