Summary
Capital One Financial Corporation (COF) announced on November 1, 2018, through its Board of Directors, the declaration of its quarterly common stock dividend. The dividend is set at $0.40 per share, payable on November 23, 2018, to shareholders of record as of November 12, 2018. This declaration signals the company's continued commitment to returning capital to its common stockholders. In addition to the common stock dividend, Capital One also approved quarterly dividends for several series of its perpetual preferred stock and semi-annual dividends for another series. The total estimated payout for common stock dividends in the fourth quarter of 2018 is approximately $189 million, with an additional approximately $80 million for preferred stock dividends. Investors should note that the payment of common stock dividends is subject to certain conditions related to preferred stock dividend payments, as outlined in the filing.
Key Highlights
- 1Quarterly common stock dividend declared at $0.40 per share.
- 2Common stock dividend payable on November 23, 2018.
- 3Record date for common stock dividend is November 12, 2018.
- 4Quarterly and semi-annual dividends approved for various series of preferred stock.
- 5Estimated total common stock dividend payout for Q4 2018 is approximately $189 million.
- 6Estimated total preferred stock dividend payout for Q4 2018 is approximately $80 million.
- 7Dividend payments on common stock are subject to restrictions if preferred stock dividends are not met.