Wells Fargo & Company PFD DIV EQUALIZ is a financial instrument issued by the American banking institution Wells Fargo. It represents preferred stock, a form of equity ownership in the bank. These shares offer regular dividends and have a priority claim over common stockholders in the event of company liquidation. Wells Fargo, one of the largest banks in the United States, is known for its stability and comprehensive portfolio of banking and financial services. PFD DIV EQUALIZ targets investors seeking steady income through dividends.