Wells Fargo's Preferred Stock, Series Y Shares Cross 3% Yield Mark

In trading on Monday, shares of Wells Fargo & Co's Non-Cumulative Perpetual Class A Preferred Stock, Series Y (WFC. RY) were yielding above the 3% mark based on its quarterly dividend (annualized to $1.4062), with shares changing hands as low as $25.94 on the day.