What is the amount of the quarterly dividend declared by Capital One?

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

When will shareholders receive the dividend?

The dividend is payable on May 24, 2018, to stockholders of record as of the close of business on May 14, 2018.

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

The declaration of a dividend exceeding $0.375 per share triggers an adjustment to the warrant exercise price. The exercise price will be reduced from $41.968 to $41.956 per share, effective May 14, 2018. The warrants expire on November 14, 2018.

Where can I find more information about the warrant adjustments?

Further details regarding the warrants and the adjustments to the exercise price can be found on Capital One's website. Navigate to 'About Us,' then 'Investors,' and look for 'Warrant Information' under the 'Stock Information' heading.

CAPITAL ONE FINANCIAL CORP 8-K SEC Disclosure

Summary

Capital One Financial Corporation (COF) filed an 8-K on May 10, 2018, primarily to announce a quarterly dividend declaration and a related adjustment to its outstanding warrants. The Board of Directors declared a quarterly dividend of $0.40 per share, payable on May 24, 2018, to shareholders of record on May 14, 2018. This dividend payment is slightly above a threshold that triggers an adjustment to the exercise price of COF's outstanding warrants.

Key Highlights

1Quarterly dividend declared at $0.40 per share.
2Dividend payment date is May 24, 2018.
3Record date for dividend is May 14, 2018.
4Outstanding warrants will have their exercise price adjusted due to the dividend declaration.
5The warrant exercise price will be reduced from $41.968 to $41.956 per share.
6This price adjustment to warrants becomes effective on May 14, 2018.
7Warrants expire on November 14, 2018.

CAPITAL ONE FINANCIAL CORP 8-K Report, Corporate Update (May 11, 2018)

Summary

Key Highlights

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