Company also declares preferred stock dividend
MCLEAN, Va.--(BUSINESS WIRE)--May. 2, 2013--
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.
Source: Capital One Financial Corporation
Capital One Financial Corporation
Julie Rakes, 804-284-5800
julie.rakes@capitalone.com