Summary
Capital One Financial Corporation (COF) has announced a quarterly cash dividend of $0.40 per share on its common stock, payable on February 26, 2016, to shareholders of record as of February 16, 2016. This represents a slight increase from the previous dividend level and signals continued confidence from management in the company's financial health and ability to return capital to shareholders.
Key Highlights
- 1Quarterly dividend declared at $0.40 per share.
- 2Dividend payment date is February 26, 2016.
- 3Record date for dividend eligibility is February 16, 2016.
- 4The dividend amount exceeds the $0.375 per share threshold for warrant adjustment.
- 5Warrant exercise price will be reduced from $42.091 to $42.074 per share.
- 6Warrant price adjustment is effective February 16, 2016.
- 7Further warrant details are available on the company's investor relations website.