Wells Fargo & Company's Series AA preferred stock is rated Buy due to its attractive 6.9% yield and low risk of being called early. Despite both Series AA and Series DD being callable, current market pricing suggests a low chance of call. The dividend safety is strong, supported by a high net income-to-dividend ratio and solid equity coverage. Yields have increased by 70-80 basis points since early 2026, making them competitive with peers, though investors might want to wait if expecting a Federal Reserve rate hike.
Wells Fargo Series AA preferred stock offers an attractive yield of 6.9%, noted for its low risk of early call and strong dividend safety. For readers following the Financials sector, here is Pluang's market snapshot as of Sep 15, 2026 17:41 WIB: out of 74 priced US Financials stocks tradable on Pluang, 17 rose and 50 fell today. Notable movers include ING at USD 36.57 (-1.06%), FUTU at USD 110.10 (-0.91%), and BAC at USD 58.93 (-0.91%).
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