Registrant’s telephone number, including area code: (i703) i720-1000
(Not applicable)
(Former name or former address, if changed since last report)
____________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
i☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
i☐ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
i☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
i☐ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class
Trading Symbol(s)
Name of Each Exchange on Which Registered
iCommon
Stock (par value $.01 per share)
iCOF
iNew York Stock Exchange
iDepositary
Shares, Each Representing a 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series G
iCOF PRG
iNew York Stock Exchange
iDepositary
Shares, Each Representing a 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series H
iCOF PRH
iNew York Stock Exchange
iDepositary
Shares, Each Representing a 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series I
iCOF PRI
iNew York Stock Exchange
iDepositary
Shares, Each Representing a 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series J
iCOF PRJ
iNew York Stock Exchange
iDepositary
Shares, Each Representing a 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series K
iCOF PRK
iNew York Stock Exchange
iDepositary
Shares, Each Representing a 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series L
iCOF PRL
iNew York Stock Exchange
i0.800%
Senior Notes Due 2024
iCOF24
iNew York Stock Exchange
i1.650%
Senior Notes Due 2029
iCOF29
iNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company i☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section
13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
On May
5, 2021, the Board of Directors of Capital One Financial Corporation (the “Company”) declared a quarterly common stock dividend of $0.40 per share. The dividend is payable on May 28, 2021 to stockholders of record at the close of business on May 17, 2021.
The Board of Directors also approved quarterly dividends on the Company’s 5.20% fixed rate non-cumulative perpetual preferred stock, Series G, the Company’s 6.00% fixed rate non-cumulative perpetual preferred stock, Series H, the Company’s 5.00% fixed rate non-cumulative perpetual preferred stock, Series I, the
Company’s 4.80% fixed rate non-cumulative perpetual preferred stock, Series J, and the Company’s 4.625% fixed rate non-cumulative perpetual preferred stock, Series K, as well as quarterly dividends on the Company’s fixed-to-floating rate non-cumulative perpetual preferred stock, Series E. These dividends are payable on June 1, 2021 to stockholders of record at the close of business on May 17, 2021.
Based on these declarations, the Company will pay approximately $181 million in common stock cash dividends and approximately $61 million in total preferred stock cash dividends
in the second quarter of 2021. Under the terms of the Company’s outstanding preferred stock, the Company’s ability to pay dividends on, make distributions with respect to, or to repurchase, redeem or acquire its common stock or any preferred stock ranking on parity with or junior to the preferred stock, is subject to restrictions in the event that the Company does not declare and either pay or set aside a sum sufficient for payment of dividends on the preferred stock for the immediately preceding dividend period.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.
Description
104
The cover page from this Current Report on Form 8-K, formatted in Inline XBRL
1
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
