Awaiting Capital One Financial Preferred Pricing

While I am seeing a bid of $24.91 and volume of 2 million shares on the new preferred stock offering I see no official pricing announcement on this new issue. It will trade under COFOL.

We will post the pricing as soon as it is announced.

15 thoughts on “Awaiting Capital One Financial Preferred Pricing”

  1. Update on my PBI.PB rookie mistake. I didn’t sell as recommended, I wanted my dividend first. Now with all these preferreds being called and replaced with lower prices issues, my PBI.PB is looking good…to somebody!! I will hold for now and see if I can get out without blood.

    1. Thanks for the update Kitti. Just remember that ‘hope’ is not a strategy–so if you reach the point where hope is what you are banking on you may have a real problem. Good luck.

      1. Thanks Tim, I am looking for the exit door but somebody is buying PBI.PB up again today. Just need to squeeze a little more out of this one.

  3. So i bought COFOL 400 shs @ 24.97 and don’t know the yield yet.
    This is not what prudent buyers do.
    Aren’t there IG issues with a first call date not earlier than 2024 that yields above 5.375% and is not above $25.50 ?

      1. Thank you Tim.
        I just 500 at 25.1768.
        I have too much cash and not enough Preferreds.
        This site has made me some small but steady profits.
        The only other game i play is Insider buys and have done well too.
        When you are ready to charge a fee, count me in
        Again, Thank You

        1. Not a big name CEF so it doesn’t trade strong but the A1 is attractive to me.

  4. SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Capital One Financial Corporation
    1:48 pm ET September 4, 2019 (Globe Newswire) Print
    Levi & Korsinsky notifies investors that it has commenced an investigation of Capital One Financial Corporation (“Capital One” or “the Company”) (NYSE: COF) concerning possible violations of federal securities laws.

    On July 29, 2019, Capital One disclosed a massive data breach affecting over 100 million of its customers. Due to a poorly configured firewall, a hacker was able to access customer data stored on a cloud-based platform. The breach has led to the exposure of sensitive information, including customers’ social security numbers and linked bank accounts.

    On this news, Capital One stock fell significantly, resulting in losses for Capital One shareholders.

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