Capital One Announces Quarterly Dividend

Rhea-AI Summary

Capital One Financial Corporation (NYSE: COF) declared a quarterly dividend of $0.10 per share, payable on November 19, 2020, to stockholders of record as of November 9, 2020. The company has consistently issued dividends since its independence in 1995. Other dividends announced include payments on preferred stocks, with rates from $9.51 to $15.50 per share, scheduled for December 1, 2020, for stockholders of record by November 16, 2020.

Positive

• Quarterly dividend of $0.10 per share enhances shareholder income.
• Consistent dividend payments since 1995 reflect company stability.

Negative

• None.

MCLEAN, Va., Oct. 29, 2020 /PRNewswire/ -- Capital One Financial Corporation (NYSE: COF) today announced a quarterly dividend of $0.10 per share payable November 19, 2020, to stockholders of record as of November 9, 2020. 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 $10.227389 per share will be paid on December 1, 2020, to stockholders of record at the close of business on November 16, 2020.

The company also declared a quarterly dividend on the outstanding shares of its 6.20 percent Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series F (the "Series F Preferred Stock").  Each outstanding share of the Series F Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share of Series F Preferred Stock. The dividend of $15.50 per share (equivalent to $0.3875 per outstanding depositary share) will be paid on December 1, 2020, to stockholders of record at the close of business on November 16, 2020.

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 December 1, 2020, to stockholders of record at the close of business on November 16, 2020.

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 December 1, 2020, to stockholders of record at the close of business on November 16, 2020.

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 1, 2020, to stockholders of record at the close of business on November 16, 2020.

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 1, 2020, to stockholders of record at the close of business on November 16, 2020.

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 $9.506944 per share (equivalent to $0.237674 per outstanding depositary share) will be paid on December 1, 2020, to stockholders of record at the close of business on November 16, 2020.

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 $305.7 billion in deposits and $421.9 billion in total assets as of September 30, 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.

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SOURCE Capital One Financial Corporation

FAQ

What is the dividend payment date for Capital One (COF) in November 2020?

The dividend payment date for Capital One (COF) is November 19, 2020.

What is the amount of the quarterly dividend declared by Capital One (COF) in October 2020?

Capital One declared a quarterly dividend of $0.10 per share in October 2020.

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

Dividend amounts for Capital One's preferred stocks range from $9.51 to $15.50 per share, payable on December 1, 2020.

When is the record date for Capital One's common stock dividend in November 2020?

The record date for Capital One's common stock dividend is November 9, 2020.

How often does Capital One (COF) pay dividends?

Capital One (COF) pays dividends quarterly.