SAN FRANCISCO--(BUSINESS WIRE)--Wachovia Preferred Funding Corp. (NYSE:WNAPr) announced today that its board of directors has declared a regular quarterly dividend on its Series A 7.25% preferred securities. The regular quarterly dividend is equal to $0.453125 per Series A security. The regular quarterly dividend is payable on December 31, 2013, to holders of record as of the close of business on December 16, 2013.
Wachovia Preferred Funding Corp. also announced that, in connection with the previously announced redemption of the Series A securities, its board of directors declared an additional dividend on its Series A securities. The additional dividend is equal to $0.010069 per Series A security. The additional dividend is payable on January 2, 2014, to holders of record as of the close of business on December 31, 2013.
Wachovia Preferred Funding Corp. is an indirect subsidiary of Wells Fargo & Company and is qualified as a real estate investment trust for federal income tax purposes.
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