Capital One Declares Quarterly Dividends on Common and Preferred Stock, Reinforcing Longstanding Shareholder Return Strategy
Capital One Financial Corporation (NYSE: COF) has reaffirmed its commitment to returning capital to shareholders by announcing its latest quarterly dividend distributions for both common and preferred stockholders. The company declared a quarterly cash dividend of $0.80 per common share, continuing a dividend payment tradition that has remained uninterrupted since Capital One became an independent publicly traded company in 1995.
The quarterly dividend will be paid on September 1, 2026, to shareholders of record at the close of business on August 17, 2026. Alongside the common stock dividend, Capital One also approved dividend payments across several outstanding preferred stock series, ensuring that investors holding various classes of preferred securities continue to receive regular income distributions in accordance with the terms of each issuance.
The announcement reflects Capital One’s consistent capital management strategy and underscores the financial institution’s focus on delivering long-term value to shareholders while maintaining financial strength and operational flexibility.
Continuing a Long History of Shareholder Returns
Since becoming an independent company on February 28, 1995, Capital One has declared dividends on its common stock every quarter. Maintaining an uninterrupted dividend history for more than three decades demonstrates the company’s long-term commitment to rewarding shareholders through consistent cash distributions while supporting future business growth.
Dividend payments remain an important component of total shareholder returns. In addition to potential capital appreciation, regular dividends provide investors with a dependable source of income and often reflect management’s confidence in the company’s financial position and future earnings potential.
The newly announced dividend of $0.80 per common share continues this long-established practice and provides another quarterly distribution for investors holding Capital One common stock.
Payment Schedule for Common Stock Dividend
According to the announcement, shareholders who own Capital One common shares at the close of business on August 17, 2026, will be eligible to receive the quarterly dividend.
The payment will be distributed on September 1, 2026, following the standard dividend process used by publicly traded companies.
For investors, the key dates include:
- Dividend Amount: $0.80 per common share
- Record Date: August 17, 2026
- Payment Date: September 1, 2026
These dates establish shareholder eligibility while ensuring the company can accurately determine which investors are entitled to receive the dividend payment.
Dividend Reinvestment Program Continues
Capital One also reminded shareholders that declared dividends remain eligible for participation in the company’s Dividend Reinvestment and Stock Purchase Plan (DRIP).
Through this program, eligible investors may choose to automatically reinvest their cash dividends into additional shares of Capital One common stock instead of receiving cash payments. Dividend reinvestment plans are popular among long-term investors because they allow shareholders to steadily increase their ownership position over time without making separate market purchases.
Automatic dividend reinvestment can also enhance long-term investment growth through the power of compounding, particularly for investors with extended investment horizons.
Shareholders seeking additional information regarding participation, enrollment procedures, or plan administration may contact Computershare Trust Company, N.A., which serves as the plan administrator for Capital One’s Dividend Reinvestment and Stock Purchase Plan.
Quarterly Dividend Declared for Series I Preferred Stock
In addition to the common dividend, Capital One’s Board of Directors approved a quarterly dividend for holders of its 5.00% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series I.
Each outstanding Series I preferred share is represented by depositary shares, with every depositary share representing a 1/40th ownership interest in one preferred share.
The approved dividend amounts include:
- $12.50 per preferred share
- Equivalent to $0.3125 per depositary share
Eligible shareholders of record as of August 17, 2026, will receive payment on September 1, 2026.
The dividend reflects the fixed-rate structure established when the preferred securities were originally issued.
Series J Preferred Stock Dividend Approved
Capital One also declared its regular quarterly dividend for the outstanding 4.80% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series J.
Like the Series I securities, each preferred share is represented by depositary shares that correspond to a 1/40th interest in a preferred share.
For the current quarter, investors will receive:
- $12.00 per preferred share
- Equivalent to $0.30 per depositary share
The dividend will be paid on September 1, 2026, to shareholders of record on August 17, 2026.
Series K Preferred Stock Dividend Continues
The Board further authorized a quarterly dividend on the company’s 4.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series K.
The approved distribution totals:
- $11.5625 per preferred share
- Equivalent to $0.2890625 per depositary share
As with the other preferred issues, each depositary share represents a 1/40th ownership interest in a preferred share.
Eligible investors will receive payment on September 1, 2026, provided they are shareholders of record as of August 17, 2026.
Series L Preferred Stock Receives Quarterly Dividend
Capital One also approved a quarterly dividend for holders of its 4.375% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series L.
The declared dividend equals:
- $10.9375 per preferred share
- Equivalent to $0.2734375 per depositary share
Each depositary share continues to represent 1/40th of a preferred share, and the payment schedule mirrors the company’s other quarterly preferred dividends.
Dividend Declared for Series M Preferred Stock
The company’s Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series M also received Board approval for its quarterly dividend.
Unlike several other preferred issues, the dividend announcement is presented on a per-share basis without corresponding depositary share calculations.
Capital One declared a quarterly dividend of:
- $9.875 per preferred share
The dividend will be paid on September 1, 2026, to shareholders of record as of August 17, 2026.
The Series M preferred stock incorporates a fixed-rate reset feature, allowing the dividend rate to adjust periodically according to the terms established when the securities were issued.
Quarterly Distribution Approved for Series N Preferred Stock
The Board also declared a quarterly dividend for holders of its 4.25% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series N.
Each preferred share is represented by depositary shares equal to 1/40th interest in the underlying preferred stock.
The approved dividend totals:
- $10.625 per preferred share
- Equivalent to $0.265625 per depositary share
The payment date remains September 1, 2026, with shareholder eligibility determined as of August 17, 2026.
Semiannual Dividend Declared for Series O Preferred Stock
In addition to the quarterly preferred distributions, Capital One announced a semiannual dividend for holders of its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series O.
Unlike the quarterly preferred securities, Series O follows a semiannual payment schedule.
Each outstanding preferred share is represented by depositary shares that equal a 1/100th ownership interest in a preferred share.
The declared dividend amounts include:
- $2,750 per preferred share
- Equivalent to $27.50 per depositary share
The dividend will be paid on October 30, 2026, to shareholders of record at the close of business on October 15, 2026.
The Series O preferred stock features a fixed-to-floating rate structure, allowing dividend calculations to transition according to predetermined terms after an initial fixed-rate period.
Importance of Preferred Stock Dividends
Preferred stock occupies a unique position within a company’s capital structure. Unlike common shareholders, preferred shareholders generally receive priority in dividend payments and often benefit from fixed or formula-based dividend rates.
Capital One maintains several preferred stock series with varying coupon rates and structural features, including:
- Fixed-rate preferred securities
- Fixed-rate reset preferred securities
- Fixed-to-floating rate preferred securities
Each preferred series is designed to meet different capital management objectives while providing investors with income-oriented investment opportunities.
The declaration of dividends across all outstanding preferred stock series demonstrates the company’s ongoing compliance with the payment terms associated with these securities.
Strong Capital Management Supports Dividend Policy
Dividend declarations typically reflect a company’s confidence in its financial strength, earnings capacity, and long-term capital planning.
As one of the nation’s leading diversified financial institutions, Capital One continues to balance shareholder distributions with investments in technology, digital banking capabilities, consumer lending, commercial banking operations, and regulatory capital requirements.
Maintaining regular dividend payments while supporting business expansion remains a key element of the company’s overall financial strategy.
By consistently returning capital through both common and preferred stock dividends, Capital One seeks to deliver value across a broad base of investors, including income-focused shareholders, institutional investors, and long-term equity holders.
The latest dividend announcement reinforces Capital One’s longstanding approach to shareholder returns. The continuation of quarterly common stock dividends, together with regular preferred stock distributions, reflects disciplined financial management and an ongoing commitment to rewarding investors.
For common shareholders, the $0.80 per share quarterly dividend extends a dividend history that has remained uninterrupted since the company’s independence in 1995. Meanwhile, investors holding any of the company’s preferred stock series will continue receiving scheduled distributions based on the respective terms of each security.
As Capital One continues executing its long-term business strategy, maintaining a balanced capital allocation approach—including consistent dividend payments, strategic investments, and prudent financial management—remains central to supporting sustainable growth and enhancing shareholder value over the years ahead.
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