Capital One Announces Quarterly Dividend

Rhea-AI Summary

Capital One Financial (NYSE: COF) has announced its quarterly dividend payments for common and preferred stock series. Common stockholders will receive $0.60 per share, payable November 22, 2024, for stockholders of record as of November 14, 2024. The company has consistently declared quarterly dividends since becoming independent in 1995. Additionally, quarterly dividends were declared for six preferred stock series (I, J, K, L, M, and N), all payable on December 2, 2024, to stockholders of record as of November 14, 2024. Stockholders can participate in the Dividend Reinvestment and Stock Purchase Plan.

Positive

• Consistent dividend payment history since 1995, demonstrating financial stability
• Multiple preferred stock series maintaining dividend payments
• Dividend reinvestment option available for shareholders

Negative

• None.

Company also declares preferred stock dividend

MCLEAN, Va.--(BUSINESS WIRE)-- Capital One Financial Corporation (NYSE: COF) today announced a quarterly dividend of $0.60 per common share payable November 22, 2024, to stockholders of record at the close of business on November 14, 2024. 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 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 December 2, 2024, to stockholders of record at the close of business on November 14, 2024.

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 December 2, 2024, to stockholders of record at the close of business on November 14, 2024.

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 December 2, 2024, to stockholders of record at the close of business on November 14, 2024.

The company also declared a quarterly dividend on the outstanding shares of its 4.375 percent Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series L (the "Series L Preferred Stock"). Each outstanding share of the Series L Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share of Series L Preferred Stock. The dividend of $10.9375 per share (equivalent to $0.2734375 per outstanding depositary share) will be paid on December 2, 2024, to stockholders of record at the close of business on November 14, 2024.

The company also declared a quarterly dividend on the outstanding shares of its Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series M (the "Series M Preferred Stock"). The dividend of $9.875 per share will be paid on December 2, 2024, to stockholders of record at the close of business on November 14, 2024.

The company also declared a quarterly dividend on the outstanding shares of its 4.25 percent Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series N (the "Series N Preferred Stock"). Each outstanding share of the Series N Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share of Series N Preferred Stock. The dividend of $10.625 per share (equivalent to $0.265625 per outstanding depositary share) will be paid on December 2, 2024, to stockholders of record at the close of business on November 14, 2024.

About Capital One
Capital One Financial Corporation (www.capitalone.com) is a financial holding company which, along with its subsidiaries, had $353.6 billion in deposits and $486.4 billion in total assets as of September 30, 2024. 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 and Cafés located primarily in New York, Louisiana, Texas, Maryland, Virginia 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.

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Joanna Heaney

joanna.heaney@capitalone.com

Source: Capital One Financial Corporation

FAQ

What is Capital One's (COF) current quarterly dividend per common share?

Capital One's quarterly dividend is $0.60 per common share.

When is Capital One's (COF) next dividend payment date?

The common stock dividend will be paid on November 22, 2024, while preferred stock dividends will be paid on December 2, 2024.

What is the record date for Capital One's (COF) upcoming dividend?

The record date is November 14, 2024, for both common and preferred stock dividends.

How long has Capital One (COF) been paying quarterly dividends?

Capital One has been declaring quarterly dividends since becoming an independent company on February 28, 1995.