Capital One Financial's Preferred Stock, Series H Shares Cross 6% Yield MarkBy Preferred Stock Channel Staff, Thursday, February 25, 2:22 PM ETIn trading on Thursday, shares of Capital One Financial Corp's Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series H (COF.PRH) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.50), with shares changing hands as low as $24.98 on the day. This compares to an average yield of 5.51% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, COF.PRH was trading at a 2.04% premium to its liquidation preference amount, versus the average premium of 4.68% in the "Financial" category. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend. The chart below shows the one year performance of COF.PRH shares, versus COF:
Below is a dividend history chart for COF.PRH, showing historical dividend payments on Capital One Financial Corp's Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series H :
Free Report: Top 7%+ Dividends (paid monthly) In Thursday trading, Capital One Financial Corp's Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series H (COF.PRH) is currently down about 0.5% on the day, while the common shares (NYSE:COF) are down about 2.8%.
This Article's Word Cloud:
Arial
Below
Capital
Channel
Corp
Cumulative
Dividends
Financial
Fixed
Free
Investors
Juicy
More
NYSE
Perpetual
Preferred
Rate
Report
Series
Start
Stock
Stocks
This
Thursday
Where
Yields
about
above
according
afterLeftLabels
amount
annualized
average
axisColor
background
balance
category
chart
common
dividend
down
escape
fillColor
missed
preferred
premium
shares
that
trading
versus
|