The Preferred Stock Of Wells Fargo Is Offering A 52-Week High Dividend Yield Of 6.6%

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  Posted by Two Blokes Jun 5 - Filed in Stock - 14 views
  
  Wells Fargo preferred stock offers a safe 6.6% yield, supported by strong earnings, low payout ratio, and resilient dividend coverage. Current high yields are driven by elevated U.S. Treasury rates, which are unsustainable due to rising government interest expenses and deficit concerns. Government action to reduce the deficit will likely lead to lower interest rates, benefiting fixed-income securities like Wells Fargo preferreds.