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

In trading on Monday, shares of Wells Fargo & Co's 4.25% Dep Shares Non-Cumul Perp Cls A Preferred Stock Series DD (WFC. RD) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.0625), with shares changing hands as low as $19.20 on the day.