What is the new quarterly dividend amount for Capital One common stock?

Capital One Financial Corporation declared a quarterly dividend of $0.40 per share on its common stock.

When will the dividend be paid and to whom?

The dividend is payable on August 20, 2015, to stockholders of record at the close of business on August 10, 2015.

How does this dividend affect Capital One's outstanding warrants?

The declared dividend of $0.40 per share, which is in excess of $0.375, triggers an adjustment to the warrant exercise price. The exercise price will be reduced from $42.117 to $42.104 per share.

When does the adjustment to the warrant exercise price become effective?

The adjustment to the warrant exercise price will be effective as of the close of business on August 10, 2015.

CAPITAL ONE FINANCIAL CORP 8-K SEC Disclosure

Summary

Capital One Financial Corporation (COF) announced a quarterly common stock dividend of $0.40 per share, payable on August 20, 2015, to shareholders of record as of August 10, 2015. This dividend declaration, exceeding $0.375 per share, triggers an adjustment to the exercise price of the company's outstanding warrants. The exercise price will be reduced from $42.117 to $42.104 per share, effective August 10, 2015, in accordance with the warrant terms.

Key Highlights

1Quarterly common stock dividend declared: $0.40 per share.
2Dividend payment date: August 20, 2015.
3Record date for dividend: August 10, 2015.
4Dividend amount triggers an adjustment to outstanding warrant exercise prices.
5Warrant exercise price reduction: From $42.117 to $42.104 per share.
6Warrant adjustment effective date: Close of business on August 10, 2015.
7Further warrant information is available on Capital One's investor relations website.

CAPITAL ONE FINANCIAL CORP 8-K Report, Corporate Update (Aug 6, 2015)

Summary

Key Highlights

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