Capital One Announces Dividend Increase
03 May 2013 - 6:05AM
Business Wire
Capital One Financial Corporation (NYSE: COF) today announced
its Board of Directors approved an increase in its quarterly
dividend per share from $0.05 per share to $0.30 per share payable
May 23, 2013 to stockholders of record as of May 13, 2013. 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 3, 2013 to stockholders of record at the close of
business on May 17, 2013.
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 $212.4 billion in
deposits and $300.2 billion in total assets as of March 31, 2013.
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 more than 900 branch locations 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.
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