Capital One Series I Preferred Shares Yield Surpasses 6.5%

Apr 16, 2026 18:53 UTC

COF, COF.PRI

Short term

Capital One Financial Corp's Series I preferred stock has seen a price decline, pushing its effective yield above the 6.5% threshold. Both the preferred and common shares experienced slight downward pressure in recent trading.

COF.PRI yield now exceeds 6.5%
Preferred shares declined 0.6% in recent trading
Common shares (COF) declined 0.5%
Security is a 5.00% Fixed Rate Non-Cumulative Perpetual Preferred Stock

Capital One Financial Corp (COF) is seeing a shift in the valuation of its 5.00% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series I (COF.PRI), as the security's yield has climbed above 6.5%. The increase in yield is a direct result of a decline in the share price of the preferred stock. In recent trading sessions, COF.PRI shares fell approximately 0.6%, reflecting specific adjustments in the preferred equity space or broader market sentiment. The Series I preferred stock is characterized by a fixed 5.00% rate and is non-cumulative and perpetual. This structure means that while the dividend rate is fixed, missed payments are not accrued for future payment to shareholders. The common shares of Capital One (COF) mirrored this trend, declining by roughly 0.5%. While the price movement is modest, the crossing of the 6.5% yield threshold may attract income-focused investors seeking higher relative returns from established financial institutions.