Capital One Announces Quarterly Dividend

Rhea-AI Summary

Capital One Financial Corporation (NYSE: COF) has declared a quarterly dividend of $0.60 per share, payable on May 27, 2022, to stockholders of record as of May 16, 2022. Additionally, the company announced dividends for its preferred stocks, including $12.50 per share for Series I, $12.00 for Series J, and $11.5625 for Series K, all payable on June 1, 2022, to stockholders of record on May 17, 2022.

Positive

• Quarterly dividend of $0.60 per share reflects company profitability.
• Regular payment history since becoming independent in 1995 showcases sustained financial health.
• Dividend reinvestment option available to stockholders enhances shareholder value.

Negative

• None.

Company also declares preferred stock dividend 

MCLEAN, Va., May 5, 2022 /PRNewswire/ -- Capital One Financial Corporation (NYSE: COF) today announced a quarterly dividend of $0.60 per share payable May 27, 2022, to stockholders of record as of May 16, 2022. 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 June 1, 2022, to stockholders of record at the close of business on May 17, 2022.

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 June 1, 2022, to stockholders of record at the close of business on May 17, 2022.

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 June 1, 2022, to stockholders of record at the close of business on May 17, 2022.

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 June 1, 2022, to stockholders of record at the close of business on May 17, 2022.

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 June 1, 2022, to stockholders of record at the close of business on May 17, 2022.

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 June 1, 2022, to stockholders of record at the close of business on May 17, 2022.

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 $313.4 billion in deposits and $434.2 billion in total assets as of March 31, 2022. 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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/capital-one-announces-quarterly-dividend-301541233.html

SOURCE Capital One Financial Corporation

FAQ

What is the dividend amount announced by Capital One (COF) for May 2022?

Capital One (COF) announced a dividend of $0.60 per share for May 2022.

When will Capital One's dividend be paid?

The dividend will be paid on May 27, 2022.

What are the preferred stock dividends declared by Capital One (COF)?

Dividends for preferred stocks include $12.50 for Series I, $12.00 for Series J, and $11.5625 for Series K, all payable on June 1, 2022.

Who is eligible for the dividends announced by Capital One (COF)?

Stockholders of record as of May 16, 2022, are eligible for the common stock dividend, and those on record as of May 17, 2022, for preferred stock dividends.