Capital One Announces Quarterly Dividend

Capital One Financial Corporation (NYSE: COF) has declared a quarterly dividend of $0.40 per share, payable on March 1, 2021, to stockholders of record as of February 17, 2021.

Rhea-AI Summary

Capital One Financial Corporation (NYSE: COF) has declared a quarterly dividend of $0.40 per share, payable on March 1, 2021, to stockholders of record as of February 17, 2021. The company has consistently issued dividends since its independence in 1995. Additionally, various dividends were declared for preferred stock series, including $10.06345 for Series E, $13.00 for Series G, $15.00 for Series H, $12.50 for Series I, $12.00 for Series J, and $11.5625 for Series K, payable on the same date.

Positive

• Consistent quarterly dividend declaration since 1995 enhances shareholder confidence.
• Quarterly dividend of $0.40 shows company's commitment to returning value to shareholders.

Negative

• None.

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MCLEAN, Va., Feb. 4, 2021 /PRNewswire/ -- Capital One Financial Corporation (NYSE: COF) today announced a quarterly dividend of $0.40 per share payable March 1, 2021, to stockholders of record as of February 17, 2021. The company has announced dividends on its common stock every quarter since it became an independent company on February 28, 1995. Dividends declared by the company are eligible for direct reinvestment in the company's common stock under its Dividend Reinvestment and Stock Purchase Plan. For additional Plan information, stockholders should contact Computershare Trust Company, N.A., at 1-888-985-2057 (inside the U.S. and Canada) or 1-781-575-2725 (outside the U.S. and Canada).  

The company also declared a quarterly dividend on the outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (the "Series E Preferred Stock"), based on a floating rate equal to the three-month U.S. dollar London interbank offered rate plus a spread of 3.80 percent per annum. The dividend of $10.06345 per share will be paid on March 1, 2021, to stockholders of record at the close of business on February 16, 2021.

The company also declared a quarterly dividend on the outstanding shares of its 5.20 percent Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series G (the "Series G Preferred Stock").  Each outstanding share of the Series G Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share of Series G Preferred Stock. The dividend of $13.00 per share (equivalent to $0.325 per outstanding depositary share) will be paid on March 1, 2021, to stockholders of record at the close of business on February 16, 2021.

The company also declared a quarterly dividend on the outstanding shares of its 6.00 percent Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series H (the "Series H Preferred Stock").  Each outstanding share of the Series H Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share of Series H Preferred Stock. The dividend of $15.00 per share (equivalent to $0.375 per outstanding depositary share) will be paid on March 1, 2021, to stockholders of record at the close of business on February 16, 2021.

The company also declared a quarterly dividend on the outstanding shares of its 5.00 percent Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series I (the "Series I Preferred Stock").  Each outstanding share of the Series I Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share of Series I Preferred Stock. The dividend of $12.50 per share (equivalent to $0.3125 per outstanding depositary share) will be paid on March 1, 2021, to stockholders of record at the close of business on February 16, 2021.

The company also declared a quarterly dividend on the outstanding shares of its 4.80 percent Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series J (the "Series J Preferred Stock").  Each outstanding share of the Series J Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share of Series J Preferred Stock. The dividend of $12.00 per share (equivalent to $0.30 per outstanding depositary share) will be paid on March 1, 2021, to stockholders of record at the close of business on February 16, 2021.

The company also declared a quarterly dividend on the outstanding shares of its 4.625 percent Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series K (the "Series K Preferred Stock").  Each outstanding share of the Series K Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share of Series K Preferred Stock. The dividend of $11.5625 per share (equivalent to $0.2890625 per outstanding depositary share) will be paid on March 1, 2021, to stockholders of record at the close of business on February 16, 2021.

About Capital One
Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N.A., had $305.4 billion in deposits and $421.6 billion in total assets as of  December 31, 2020. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. Capital One, N.A. has branches located primarily in New York, Louisiana, Texas, Maryland, Virginia, New Jersey and the District of Columbia. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 100 index.

Visit the Capital One newsroom for more Capital One news.

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SOURCE Capital One Financial Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will Capital One pay the $0.40 dividend for COF stock?

The $0.40 dividend will be paid on March 1, 2021, to stockholders of record as of February 17, 2021.

What are the dividend amounts for Capital One's preferred stocks?

The dividends for preferred stocks are $10.06345 for Series E, $13.00 for Series G, $15.00 for Series H, $12.50 for Series I, $12.00 for Series J, and $11.5625 for Series K.

How long has Capital One been paying dividends?

Capital One has been paying dividends quarterly since it became an independent company on February 28, 1995.

Is the dividend eligible for reinvestment?

Yes, Capital One's declared dividends are eligible for direct reinvestment through its Dividend Reinvestment and Stock Purchase Plan.