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Discover why Wells Fargo & Co.'s 7.50% Non-Cumulative Perpetual Convertible Preferred Stock, Series L is a compelling pick.

The new dividend, $2.92 on an annual basis, will be paid on March 12 to shareholders of record at the close of business on Feb. 14. Based on Tuesday's closing share price of $151.

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Regeneron beat Q4 estimates with $12.07 EPS and $3.79B in sales. The company announced a dividend, a $3 billion buyback, and continued R&D investments.