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

Capital One Financial Corporation declared a quarterly common stock dividend of $0.60 per share.

When will I receive my common stock dividend payment?

The common stock dividend is payable on February 25, 2022, to stockholders of record as of the close of business on February 14, 2022.

Does this filing indicate any changes in Capital One's dividend policy?

This filing announces the standard quarterly dividend declaration and does not suggest a change in policy. It confirms the continuation of dividend payments to common and preferred stockholders.

Are there any restrictions on Capital One paying common stock dividends?

While this filing doesn't detail restrictions, it notes that under the terms of the preferred stock, the company's ability to pay dividends on or repurchase common stock can be subject to restrictions if preferred stock dividends are not paid or set aside for payment.

CAPITAL ONE FINANCIAL CORP 8-K SEC Disclosure

Summary

Capital One Financial Corporation (COF) filed an 8-K on February 8, 2022, announcing key capital allocation decisions made by its Board of Directors on February 3, 2022. The primary focus for investors is the declaration of the quarterly common stock dividend and preferred stock dividends. This filing provides clarity on the company's commitment to returning capital to shareholders through dividends. The company declared a quarterly common stock dividend of $0.60 per share, expected to result in approximately $251 million in payments for the first quarter of 2022. Additionally, dividends were declared on various series of preferred stock, totaling approximately $57 million for the first quarter. The filing also implicitly reminds investors of the covenants associated with preferred stock, which can restrict common stock repurchases or dividends if preferred stock dividends are not met.

Key Highlights

1Quarterly common stock dividend declared at $0.60 per share.
2Estimated total common stock dividend payment for Q1 2022 is approximately $251 million.
3Dividends declared on multiple series of fixed rate non-cumulative perpetual preferred stock.
4Estimated total preferred stock dividend payment for Q1 2022 is approximately $57 million.
5Both common and preferred stock dividends are payable on February 25, 2022 (common) and March 1, 2022 (preferred) respectively.
6Record date for both common and preferred stock dividends is February 14, 2022.
7The filing includes a reminder of preferred stock dividend restrictions on common stock actions if preferred dividends are not paid.

CAPITAL ONE FINANCIAL CORP 8-K Report, Corporate Update (Feb 9, 2022)

Summary

Key Highlights

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