Capital One Financial Corporation (COF) to Issue Quarterly Dividend of $0.80 on September 1st

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) dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, August 17th.

Capital One Financial has increased 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% indicating that its dividend is sufficiently covered by earnings. 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 Performance

NYSE:COF opened at $210.18 on Friday. The stock has a 50 day simple moving average of $197.29 and a 200 day simple moving average of $198.95. The stock has a market cap of $128.94 billion, a P/E ratio of 13.01, a PEG ratio of 0.77 and a beta of 1.02. Capital One Financial has a 1-year low of $174.24 and a 1-year 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.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, beating the consensus estimate of $4.79 by $1.02. The business had revenue of $15.83 billion for the quarter, compared to the consensus estimate of $15.76 billion. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. Capital One Financial’s revenue was up 26.9% compared to the same quarter last year. During the same period in the prior year, the company posted $5.48 earnings per share. Research analysts anticipate that Capital One Financial will post 20.19 earnings per share for the current year.

Capital One Financial Company Profile

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.