Capital One Financial Corporation (NYSE: COF) today announced its Board
of Directors approved an increase in its quarterly dividend from $0.30
per share to $0.40 per share payable May 21, 2015 to stockholders of
record as of May 11, 2015. The company has announced dividends on its
common stock every quarter since it became an independent company on
February 28, 1995. Dividends declared by the company are eligible for
direct reinvestment in the company's common stock under its Dividend
Reinvestment and Stock Purchase Plan. For additional Plan information,
stockholders should contact Computershare Trust Company, N.A., at
1-888-985-2057 (inside the U.S. and Canada) or 1-781-575-2725 (outside
the U.S. and Canada).
The company also declared a quarterly dividend on the outstanding shares
of its 6.00% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series
B (the "Series B Preferred Stock"). Each outstanding share of the Series
B Preferred Stock is represented by depositary shares, each representing
a 1/40th interest in a share of Series B Preferred Stock. The dividend
of $15.00 per share (equivalent to $0.375 per outstanding depositary
share) will be paid on June 1, 2015 to stockholders of record at the
close of business on May 15, 2015.
The company also declared a quarterly dividend on the outstanding shares
of its 6.25% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series
C (the "Series C Preferred Stock"). Each outstanding share of the Series
C Preferred Stock is represented by depositary shares, each representing
a 1/40th interest in a share of Series C Preferred Stock. The dividend
of $15.625 per share (equivalent to $0.390625 per outstanding depositary
share) will be paid on June 1, 2015 to stockholders of record at the
close of business on May 15, 2015.
The company also declared a quarterly dividend on the outstanding shares
of its 6.70% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series
D (the "Series D Preferred Stock"). Each outstanding share of the Series
D Preferred Stock is represented by depositary shares, each representing
a 1/40th interest in a share of Series D Preferred Stock. The dividend
of $16.75 per share (equivalent to $0.41875 per outstanding depositary
share) will be paid on June 1, 2015 to stockholders of record at the
close of business on May 15, 2015.
About Capital One
Capital One Financial Corporation (www.capitalone.com)
is a financial holding company whose subsidiaries, which include Capital
One, N.A., and Capital One Bank (USA), N.A., had $210.4 billion in
deposits and $306.2 billion in total assets as of March 31, 2015.
Headquartered in McLean, Virginia, Capital One offers a broad spectrum
of financial products and services to consumers, small businesses and
commercial clients through a variety of channels. Capital One, N.A. has
branches located primarily in New York, New Jersey, Texas, Louisiana,
Maryland, Virginia and the District of Columbia. A Fortune 500 company,
Capital One trades on the New York Stock Exchange under the symbol “COF”
and is included in the S&P 100 index.
Copyright Business Wire 2015