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

Capital One Financial Corporation (NYSE:COF) announced a quarterly dividend on Wednesday, July 29th. Stockholders of record on Monday, August 17th will be paid a dividend of 0.80 per share by the financial services provider on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, August 17th.

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 payout ratio of 17.2% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Capital One Financial to earn $23.94 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 13.4%.

Capital One Financial Stock Down 1.6%

Shares of NYSE:COF opened at $208.92 on Thursday. Capital One Financial has a 12 month low of $174.24 and a 12 month high of $259.64. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.39. The company has a 50-day moving average price of $196.82 and a 200 day moving average price of $199.23. The company has a market cap of $130.01 billion, a price-to-earnings ratio of 12.93, a PEG ratio of 0.78 and a beta of 1.02.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, topping the consensus estimate of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The firm had revenue of $15.83 billion for the quarter, compared to the consensus estimate of $15.76 billion. During the same period in the prior year, the business posted $5.48 earnings per share. The company’s revenue for the quarter was up 26.9% on a year-over-year basis. As a group, equities research analysts predict that Capital One Financial will post 20.13 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.