Capital One Financial Corporation Declares Quarterly Dividend of $0.80 (NYSE:COF)

Capital One Financial Corporation (NYSE:COF) announced a quarterly dividend on Friday, May 8th. Shareholders of record on Tuesday, May 19th will be paid a dividend of 0.80 per share by the financial services provider on Monday, June 1st. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date is Tuesday, May 19th.

Capital One Financial has raised its dividend payment by an average of 0.2%annually over the last three years. Capital One Financial has a dividend payout ratio of 17.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Capital One Financial to earn $23.70 per share next year, which means the company should continue to be able to cover its $3.20 annual dividend with an expected future payout ratio of 13.5%.

Capital One Financial Stock Up 0.8%

Shares of NYSE:COF opened at $187.19 on Friday. Capital One Financial has a 52 week low of $174.98 and a 52 week high of $259.64. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market capitalization of $116.48 billion, a PE ratio of 65.68, a PEG ratio of 0.68 and a beta of 1.05. The company has a 50 day moving average price of $188.41 and a two-hundred day moving average price of $211.67.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The firm had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.68 billion. During the same period in the previous year, the company posted $4.06 EPS. The firm’s revenue for the quarter was up 52.3% on a year-over-year basis. Analysts forecast that Capital One Financial will post 19.17 earnings per share for the current year.

About Capital One Financial

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.