Capital One Puts Small Dividend in Investors Wallet
- July 31, 2009
- Dividend News, Featured
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Capital One Financial (COF: 42.33 -0.21%) announced yesterday that its Board of Directors has approved a quarterly dividend of $.05 per share.
Capital One’s current dividend yield now stands at 0.7%.
The dividend will be payable on August 20, 2009 to shareholders of record as of August 11, 2009.
The stock closed today up 1.0% at $30.70. Since the beginning of 2009, Capital One’s shares have declined nearly 4%.
The credit card company has now paid dividends every quarter since it went public in 1995.
Last week, the company announced better than expect second quarter earnings results.
