Capital One Financial Corporation (COF) To Go Ex-Dividend on May 19th

Capital One Financial Corporation (NYSE:COF) declared a quarterly dividend on Friday, May 8th. Shareholders of record on Tuesday, May 19th will be given a dividend of 0.80 per share by the financial services provider on Monday, June 1st. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, May 19th.

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. Research analysts expect Capital One Financial to earn $23.70 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 13.5%.

Capital One Financial Stock Up 0.8%

Capital One Financial stock opened at $187.19 on Friday. Capital One Financial has a 52-week low of $174.98 and a 52-week high of $259.64. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a 50 day moving average price of $188.41 and a two-hundred day moving average price of $211.67. The firm has a market cap of $116.48 billion, a price-to-earnings ratio of 65.68, a PEG ratio of 0.68 and a beta of 1.05.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The business had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.68 billion. During the same quarter in the previous year, the company earned $4.06 EPS. The firm’s revenue for the quarter was up 52.3% on a year-over-year basis. Equities analysts predict that Capital One Financial will post 19.17 EPS for the current year.

Insider Activity at Capital One Financial

In related news, insider Jason P. Hanson sold 3,729 shares of Capital One Financial stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $205.00, for a total value of $764,445.00. Following the completion of the sale, the insider owned 40,230 shares of the company’s stock, valued at approximately $8,247,150. This trade represents a 8.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total transaction of $643,755.00. Following the completion of the sale, the general counsel directly owned 97,194 shares of the company’s stock, valued at approximately $17,876,892.42. The trade was a 3.48% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 49,904 shares of company stock worth $9,528,159. Corporate insiders own 0.78% of the company’s stock.

Institutional Trading of Capital One Financial

Several hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in Capital One Financial by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 56,897,238 shares of the financial services provider’s stock valued at $13,789,615,000 after purchasing an additional 360,071 shares during the period. Franklin Resources Inc. grew its position in Capital One Financial by 5.4% in the 4th quarter. Franklin Resources Inc. now owns 12,476,462 shares of the financial services provider’s stock valued at $3,023,795,000 after purchasing an additional 638,158 shares during the period. Morgan Stanley grew its position in Capital One Financial by 3.9% in the 4th quarter. Morgan Stanley now owns 8,677,981 shares of the financial services provider’s stock valued at $2,103,196,000 after purchasing an additional 323,350 shares during the period. Norges Bank acquired a new stake in Capital One Financial in the 4th quarter valued at $2,089,803,000. Finally, Davis Selected Advisers grew its position in Capital One Financial by 2.8% in the 4th quarter. Davis Selected Advisers now owns 8,614,766 shares of the financial services provider’s stock valued at $2,087,878,000 after purchasing an additional 234,649 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

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.