What is the main purpose of this 8-K filing?

The main purpose of this filing is to announce Capital One's Board of Directors' declaration of its quarterly dividend and to inform stakeholders about the resulting adjustment to the exercise price of the company's outstanding warrants due to this dividend declaration.

How much is the quarterly dividend and when will it be paid?

The quarterly dividend declared is $0.40 per share. It is payable on May 21, 2015, to shareholders who are of record at the close of business on May 11, 2015.

Will the dividend affect the price at which warrants can be exercised?

Yes, because the declared dividend of $0.40 per share exceeds the $0.375 threshold outlined in the warrant terms, the exercise price of the outstanding warrants will be reduced. The price will decrease from $42.130 to $42.117 per share, effective May 11, 2015.

Where can I find more information about the warrant adjustments?

Additional information regarding the warrants and the adjustments to their exercise price is available on Capital One's website by navigating to 'About Us,' then 'Investors,' and selecting 'Warrant Information' under the 'Stock Information' heading.

CAPITAL ONE FINANCIAL CORP 8-K SEC Disclosure

Summary

This 8-K filing by Capital One Financial Corporation (COF) primarily announces a routine quarterly dividend declaration and a consequential adjustment to outstanding warrants. The Board of Directors declared a quarterly dividend of $0.40 per share, payable on May 21, 2015, to shareholders of record on May 11, 2015. This dividend payment, exceeding the $0.375 threshold, triggers an automatic adjustment to the exercise price of the Company's outstanding warrants.

Key Highlights

1Capital One Financial Corporation declared a quarterly dividend of $0.40 per share.
2The dividend payment date is May 21, 2015.
3Stockholders of record on May 11, 2015, will receive the dividend.
4The declared dividend exceeds $0.375 per share, triggering a warrant adjustment.
5The exercise price of outstanding warrants will be reduced from $42.130 to $42.117 per share.
6This warrant price adjustment is effective as of the close of business on May 11, 2015.
7Further details on warrant adjustments are available on the Company's website.

CAPITAL ONE FINANCIAL CORP 8-K Report, Corporate Update (May 7, 2015)

Summary

Key Highlights

Frequently Asked Questions