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

Capital One Financial Corporation (NYSE:COF) declared a quarterly dividend on Wednesday, July 29th. Stockholders of record on Monday, August 17th will be given 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 1.4%. The ex-dividend date is Monday, August 17th.

Capital One Financial has raised 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. 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 Up 1.5%

COF stock opened at $227.19 on Friday. The firm has a 50 day moving average of $204.93 and a 200 day moving average of $198.21. The stock has a market capitalization of $139.38 billion, a PE ratio of 14.06, a price-to-earnings-growth ratio of 0.82 and a beta of 1.02. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. Capital One Financial has a 52 week low of $174.24 and a 52 week high of $259.64.

Capital One Financial (NYSE:COF) last released its 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. The company 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 quarter in the previous year, the firm earned $5.48 EPS. Sell-side analysts forecast that Capital One Financial will post 20.19 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.