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

Capital One Financial Corporation (NYSE:COF) declared a quarterly dividend on Wednesday, November 4th. Investors of record on Monday, November 16th will be given 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 yield of 1.6%. The ex-dividend date is Monday, November 16th.

Capital One Financial has raised its dividend by an average of 0.2% per year over the last three years. Capital One Financial has a payout ratio of 17.2% meaning its dividend is sufficiently covered by earnings. Research 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 Stock Down 1.1%

Shares of NYSE:COF opened at $206.41 on Thursday. The business’s 50 day simple moving average is $204.17 and its two-hundred day simple moving average is $201.23. The firm has a market cap of $126.63 billion, a P/E ratio of 12.18, a PEG ratio of 0.95 and a beta of 1.10. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.02 and a current ratio of 1.02. 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 announced its quarterly earnings data on Tuesday, October 20th. The financial services provider reported $6.69 EPS for the quarter, beating analysts’ consensus estimates of $5.53 by $1.16. Capital One Financial had a return on equity of 11.64% and a net margin of 13.70%. The firm had revenue of $16.31 billion during the quarter, compared to analysts’ expectations of $16.25 billion. During the same quarter last year, the firm posted $5.95 earnings per share. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. As a group, research analysts forecast that Capital One Financial will post 21.53 EPS for the current fiscal year.

Capital One Financial Company Profile

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.