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Capital One Financial boosts payout by 33.3% after CCAR approval

Mar. 11, 2015 5:58 PM ETCapital One Financial Corporation (COF) StockBy: Gaurav Batavia, SA News Editor
  • Receiving no objection to its capital plan from the Fed, Capital One Financial (NYSE:COF) intends to boost its quarterly dividend by 33.3% to $0.40 per share.
  • The board plans to repurchase upto $3.125B of common stock.
  • Source: Press Release
  • Shares +1.1%.
  • CCAR results

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