Capital One Financial Corporation (NYSE:COF) Shareholders to Collect $0.80 Quarterly Dividend

Capital One Financial Corporation (NYSE:COF) declared a quarterly dividend on Wednesday, November 4th. Investors of record on Monday, November 16th will be paid a dividend of $0.80 per share by the financial services provider on Tuesday, December 1st. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Monday, November 16th.

Capital One Financial has increased its dividend payment by an average of 0.2% per year over the last three years. Capital One Financial has a payout ratio of 17.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect Capital One Financial to earn $24.00 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 13.3%.

Capital One Financial Trading Down 1.1%

NYSE:COF opened at $206.41 on Thursday. The firm has a market cap of $126.63 billion, a price-to-earnings ratio of 12.18, a P/E/G ratio of 0.95 and a beta of 1.10. Capital One Financial has a 12 month low of $174.24 and a 12 month high of $259.64. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.45. The company’s 50 day moving average is $204.17 and its 200-day moving average is $201.23.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, October 20th. The financial services provider reported $6.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.53 by $1.16. Capital One Financial had a net margin of 13.70% and a return on equity of 11.64%. The company had revenue of $16.31 billion during the quarter, compared to analysts’ expectations of $16.25 billion. During the same period in the prior year, the company earned $5.95 earnings per share. The business’s quarterly revenue was up 6.4% compared to the same quarter last year. Equities analysts anticipate that Capital One Financial will post 21.53 EPS for the current year.

About Capital One Financial

Capital One Financial Corporation is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company operates as a bank holding company through Capital One, N.A., providing financial products and services to consumers, small businesses and commercial customers.

Capital One is best known for its credit card business, which offers a range of consumer and business cards. Its other activities include consumer banking products such as checking and savings accounts, auto loans and retail banking services, as well as commercial banking services for businesses and institutions.

The company primarily serves customers in the United States through digital channels, branches and other distribution networks.