In trading on Thursday, shares of Capital One Financial Corp’s 4.25% Dep Shares Non-Cumul Perp Pfd Stock Series N (Symbol: COF.PRN) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.0625), with shares changing hands as low as $16.29 on the day. This compares to an average yield of 6.73% in the “Financial” preferred stock category, according to Preferred Stock Channel. As of last close, COF.PRN was trading at a 33.80% discount to its liquidation preference amount, versus the average discount of 10.04% 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.PRN shares, versus COF:

Below is a dividend history chart for COF.PRN, showing historical dividend payments on Capital One Financial Corp’s 4.25% Dep Shares Non-Cumul Perp Pfd Stock Series N:

In Thursday trading, Capital One Financial Corp’s 4.25% Dep Shares Non-Cumul Perp Pfd Stock Series N (Symbol: COF.PRN) is currently down about 1.3% on the day, while the common shares (Symbol: COF) are down about 1.7%.

Also see:

• Information Technology Services Dividend Stocks
• Sigmatron International Earnings History
• Funds Holding IPVF

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.