CAPITAL ONE FINANCIAL CORPORATION (NYSE:COF) Files An 8-K Other EventsItem 8.01Other Events.
On November 2, 2017, the Board of Directors of Capital One Financial Corporation (the “Company”) declared a quarterly dividend of $0.40 per share on the outstanding shares of the Company’s common stock. The dividend is payable on November 24, 2017 to stockholders of record at the close of business on November 13, 2017.
The Company has outstanding warrants to purchase common stock of the Company, expiring November 14, 2018. In accordance with the terms of those outstanding warrants, the declaration of a dividend in excess of $0.375 per share will result in an adjustment to the warrant exercise price, which will be reduced from $41.991 to $41.979 per share effective as of the close of business on November 13, 2017.
Further information regarding the warrants and adjustments to the warrant exercise price is available on the Company’s website (http://www.capitalone.com). Choose “About Us,” then choose “Investors,” then choose “Warrant Information” under the heading “Stock Information.”
About CAPITAL ONE FINANCIAL CORPORATION (NYSE:COF)
Capital One Financial Corporation is a financial services holding company. The Company offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, which consists of its domestic consumer and small business card lending, and the international card lending businesses in Canada and the United Kingdom; Consumer Banking, which consists of its branch-based lending and deposit gathering activities for consumers and small businesses, national deposit gathering, national auto lending and consumer home loan lending and servicing activities; Commercial Banking, which consists of its lending, deposit gathering and treasury management services to commercial real estate, and commercial and industrial customers, and Other, which includes management of its corporate investment portfolio and asset/liability management.