Capital One Financial Corp. (COF) announced late Friday a dividend of 10 cents a share payable on Aug. 20 to stockholders of record as of Aug. 10. That's a 75% decrease from a previous dividend of 40 cents a share. The bank had signaled the dividend cut when it reported second-quarter results last week. Capital One reported an adjusted loss of $1.61 a share on revenue of $6.6 billion.
-Claudia Assis; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
July 31, 2020 16:48 ET (20:48 GMT)
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