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

Capital One Financial Corporation (NYSE:COF) declared a quarterly dividend on Wednesday, July 29th. Investors of record on Monday, August 17th will be paid a dividend of 0.80 per share by the financial services provider on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 1.5%. 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% meaning its dividend is sufficiently covered by earnings. Equities 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 Down 1.6%

COF opened at $208.92 on Thursday. The business has a 50 day moving average price of $196.82 and a two-hundred day moving average price of $199.23. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. The company has a market cap of $130.01 billion, a PE ratio of 12.93, a P/E/G ratio of 0.78 and a beta 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 released its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.79 by $1.02. The business had revenue of $15.83 billion for the quarter, compared to analyst estimates of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The company’s revenue for the quarter was up 26.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.48 earnings per share. As a group, research analysts anticipate that Capital One Financial will post 20.13 EPS for the current year.

Insider Transactions at Capital One Financial

In related news, insider Celia Karam sold 1,749 shares of Capital One Financial stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $192.58, for a total value of $336,822.42. Following the sale, the insider directly owned 61,579 shares in the company, valued at $11,858,883.82. This trade represents a 2.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $208.00, for a total value of $728,000.00. Following the sale, the general counsel directly owned 90,194 shares in the company, valued at approximately $18,760,352. This trade represents a 3.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 8,749 shares of company stock worth $1,708,577. Corporate insiders own 0.78% of the company’s stock.

Institutional Trading of Capital One Financial

Several large investors have recently added to or reduced their stakes in COF. Evolution Wealth Management Inc. increased its holdings in Capital One Financial by 529.4% in the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 90 shares during the last quarter. VSM Wealth Advisory LLC acquired a new position in shares of Capital One Financial during the 4th quarter worth about $27,000. Cherry Tree Wealth Management LLC increased its stake in shares of Capital One Financial by 1,312.5% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 105 shares during the last quarter. Osterweis Capital Management Inc. bought a new stake in shares of Capital One Financial in the 4th quarter valued at about $29,000. Finally, CrossGen Wealth LLC acquired a new stake in shares of Capital One Financial in the 4th quarter valued at approximately $30,000. 89.84% of the stock is owned by institutional investors and hedge funds.

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.