Item 8.01 Other Events.
On July 28, 2021, the Board of Directors of Capital One Financial Corporation
(the "Company") declared a common stock dividend of $1.20 per share, which
includes a one-time special dividend of $0.60 and a quarterly dividend of $0.60
per share. The dividend is payable on August 20, 2021 to stockholders of record
at the close of business on August 9, 2021. Based on this declaration, the
Company will pay approximately $531 million in common stock cash dividends
during the third quarter of 2021. The total amount to be paid is dependent on
the number of shares outstanding as of August 9, 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, the Company's 4.625% fixed rate non-cumulative perpetual preferred stock,
Series K, and the Company's 4.375% fixed rate non-cumulative perpetual preferred
stock, Series L, as well as quarterly dividends on the Company's
fixed-to-floating rate non-cumulative perpetual preferred stock, Series E, and
the Company's fixed rate reset non-cumulative perpetual preferred stock, Series
M. These dividends are payable on September 1, 2021 to stockholders of record at
the close of business on August 16, 2021.
Based on these approvals, the Company will pay approximately $79 million in
total preferred stock cash dividends in the third 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

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses