Discover Financial Services

Discover Financial Services DFS

Dividend Summary

The next Discover Financial Services dividend will go ex in 26 days for 44c and will be paid in 1 month.
The previous Discover Financial Services dividend was 44c and it went ex 2 months ago and it was paid 2 months ago.
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 5.4.

Latest Dividends
Summary Previous dividend Next dividend
Status Paid Declared
Type Quarterly Quarterly
Per share 44c 44c
Declaration date 20 Oct 2020 (Tue) 19 Jan 2021 (Tue)
Ex-div date 18 Nov 2020 (Wed) 17 Feb 2021 (Wed)
Pay date 03 Dec 2020 (Thu) 04 Mar 2021 (Thu)

Enter the number of Discover Financial Services shares you hold and we'll calculate your dividend payments:

Previous Payment
Next Payment
Forecast Accuracy
94%
Our premium tools have predicted Discover Financial Services with 94% accuracy.
Dividend Yield Today
2.0%
The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price
The table below shows the full dividend history for Discover Financial Services
Status Type Decl. date Ex-div date Pay date Decl. Currency Forecast amount Decl. amount Accuracy
Forecast Quarterly 14 Jan 2025 12 Feb 2025 27 Feb 2025 USD Sign up
Forecast Quarterly 15 Oct 2024 13 Nov 2024 27 Nov 2024 USD Sign up
Forecast Quarterly 16 Jul 2024 14 Aug 2024 29 Aug 2024 USD Sign up
Forecast Quarterly 16 Apr 2024 15 May 2024 30 May 2024 USD Sign up
Forecast Quarterly 16 Jan 2024 14 Feb 2024 29 Feb 2024 USD Sign up
Forecast Quarterly 17 Oct 2023 15 Nov 2023 30 Nov 2023 USD Sign up
Forecast Quarterly 18 Jul 2023 16 Aug 2023 31 Aug 2023 USD Sign up
Forecast Quarterly 18 Apr 2023 17 May 2023 01 Jun 2023 USD Sign up
Forecast Quarterly 17 Jan 2023 15 Feb 2023 02 Mar 2023 USD Sign up
Forecast Quarterly 18 Oct 2022 16 Nov 2022 01 Dec 2022 USD Sign up
Forecast Quarterly 19 Jul 2022 17 Aug 2022 01 Sep 2022 USD Sign up
Forecast Quarterly 19 Apr 2022 18 May 2022 02 Jun 2022 USD Sign up
Forecast Quarterly 18 Jan 2022 16 Feb 2022 03 Mar 2022 USD Sign up
Forecast Quarterly 19 Oct 2021 17 Nov 2021 02 Dec 2021 USD Sign up
Forecast Quarterly 20 Jul 2021 18 Aug 2021 02 Sep 2021 USD Sign up
Forecast Quarterly 20 Apr 2021 19 May 2021 03 Jun 2021 USD Sign up
Declared Quarterly 19 Jan 2021 17 Feb 2021 04 Mar 2021 USD 45.5c 44c 😃
Paid Quarterly 20 Oct 2020 18 Nov 2020 03 Dec 2020 USD 44c 44c 😄
Paid Quarterly 21 Jul 2020 19 Aug 2020 03 Sep 2020 USD 44c 44c 😄
Paid Quarterly 21 Apr 2020 20 May 2020 04 Jun 2020 USD 44c 44c 😄
Paid Quarterly 21 Jan 2020 19 Feb 2020 05 Mar 2020 USD 44c 44c 😄
Paid Quarterly 17 Oct 2019 20 Nov 2019 05 Dec 2019 USD 44c 44c 😄
Paid Quarterly 18 Jul 2019 21 Aug 2019 05 Sep 2019 USD 44c 44c 😄
Paid Quarterly 18 Apr 2019 23 May 2019 06 Jun 2019 USD 40c
Paid Quarterly 17 Jan 2019 20 Feb 2019 07 Mar 2019 USD 40c
Paid Quarterly 18 Oct 2018 20 Nov 2018 06 Dec 2018 USD 40c
Paid Quarterly 28 Jun 2018 22 Aug 2018 06 Sep 2018 USD 40c
Paid Quarterly 20 Apr 2018 23 May 2018 07 Jun 2018 USD 35c
Paid Quarterly 18 Jan 2018 21 Feb 2018 08 Mar 2018 USD 35c
Paid Quarterly 19 Oct 2017 21 Nov 2017 07 Dec 2017 USD 35c
Paid Quarterly 25 Jul 2017 22 Aug 2017 07 Sep 2017 USD 35c
Paid Quarterly 20 Apr 2017 09 May 2017 25 May 2017 USD 30c
Paid Quarterly 19 Jan 2017 07 Feb 2017 23 Feb 2017 USD 30c
Paid Quarterly 13 Oct 2016 01 Nov 2016 17 Nov 2016 USD 30c
Paid Quarterly 14 Jul 2016 02 Aug 2016 18 Aug 2016 USD 30c
Paid Quarterly 14 Apr 2016 03 May 2016 19 May 2016 USD 28c
Paid Quarterly 14 Jan 2016 02 Feb 2016 18 Feb 2016 USD 28c
Paid Quarterly 15 Oct 2015 03 Nov 2015 19 Nov 2015 USD 28c
Paid Quarterly 16 Jul 2015 04 Aug 2015 20 Aug 2015 USD 28c
Paid Quarterly 16 Apr 2015 05 May 2015 21 May 2015 USD 28c
Paid Quarterly 16 Jan 2015 03 Feb 2015 19 Feb 2015 USD 24c
Paid Quarterly 16 Oct 2014 04 Nov 2014 20 Nov 2014 USD 24c
Paid Quarterly 16 Jul 2014 05 Aug 2014 21 Aug 2014 USD 24c
Paid Quarterly 16 Apr 2014 06 May 2014 22 May 2014 USD 24c
Paid Quarterly 22 Jan 2014 04 Feb 2014 20 Feb 2014 USD 20c
Paid Quarterly 16 Oct 2013 05 Nov 2013 21 Nov 2013 USD 20c
Paid Quarterly 17 Jul 2013 06 Aug 2013 22 Aug 2013 USD 20c
Paid Quarterly 16 Apr 2013 07 May 2013 23 May 2013 USD 20c
Paid Quarterly 18 Dec 2012 31 Dec 2012 17 Jan 2013 USD 14c
Paid Quarterly 20 Sep 2012 02 Oct 2012 18 Oct 2012 USD 10c
Paid Quarterly 02 Jul 2012 19 Jul 2012 USD 10c
Paid Quarterly 03 Apr 2012 19 Apr 2012 USD 10c
Year Amount Change
2006 0.0c
2007 0.0c
0%
2008 0.0c
0%
2009 0.0c
0%
2010 0.0c
0%
2011 0.0c
0%
2012 44.0c
100%
2013 80.0c
81.8%
2014 96.0c
20.0%
2015 112.0c
16.7%
2016 118.0c
5.4%
2017 135.0c
14.4%
2018 155.0c
14.8%
2019 172.0c
11.0%
2020 176.0c
2.3%
2021 Sign Up Required
2022 Sign Up Required
2023 Sign Up Required
2024 Sign Up Required

Discover Financial Services Optimized Dividend Chart

The chart below shows the optimized dividends for this security over a rolling 12-month period.
Dividend Yield Today
2.0%
Optimized Yield
Sign Up Required
52 Week High
8.6% on 22 March 2020
52 Week Low
2.3% on 24 November 2020
Next Ex-Div-Date Countdown
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About Discover Financial Services

Discover Financial Services (DFS), incorporated on July 25, 1960, is a direct banking and payment services company. The Company is a bank holding company, as well as a financial holding company. The Company operates through two segments: Direct Banking and Payment Services. It provides direct banking products and services, and payment services through its subsidiaries. It offers its customers credit card loans, private student loans, personal loans, home equity loans and deposit products.

Direct Banking

The Company's Direct Banking segment includes consumer banking and lending products, specifically Discover-branded credit cards issued to individuals and small businesses on the Discover Network and other consumer banking products and services. The Company's direct banking offers credit cards, student loans, personal loans, home equity loans, and other consumer lending and deposit products. Credit card customers are permitted to revolve their balances and repay their obligations over a period of time and at an interest rate set forth in their card member agreements, which may be either fixed or variable. Its credit card customers' transactions in the United States are processed over the Discover Network. Its cards also offer the Cashback Bonus rewards program.

The Company's private student loans are available to students attending eligible non-profit undergraduate and graduate schools. It also offers certain post-graduate loans, including bar study and residency loans. The Company offers fixed and variable rate private student loans originated by Discover Bank. The Company's personal loans are unsecured loans with fixed interest rates, terms and payments. These loans are primarily intended to help customers consolidate existing debt, although they can be used for other reasons. Home equity loans are offered to help consumers improve their homes, as well as payoff higher interest debt. The Company's deposit products include certificates of deposit, money market accounts, online savings and checking accounts and individual retirement arrangement (IRA) certificates of deposit.

Payment Services

The Payment Services segment includes PULSE, Diners Club and the Company's Network Partners business. Its Network Partners business provides payment transaction processing and settlement services. The Company's PULSE network operates an electronic funds transfer network, providing financial institutions issuing debit cards on the PULSE network with access to automated teller machines (ATMs) domestically and internationally, as well as point-of-sale (POS) terminals at retail locations across the United States for debit card transactions. The financial institutions, networks and commercial service providers are considered as network partners. As of December 31, 2016, the Company's Diners Club business maintained an acceptance network in 185 countries and territories through its relationships with over 90 licensees, which were financial institutions.

The Company competes with American Express, Bank of America, JPMorgan Chase, Citi, Wells Fargo, PNC, U.S. Bank, Visa, MasterCard, American Express, First Data, USAA, Ally Bank, Capital One (360), Sallie Mae and Barclays.

Sector
Financial Services
Country
United States
Share Price
$94.24 (yesterday's closing price)
Shares in Issue
324 million
Market Cap
$30.5bn
Dividend Cover
How many times is the dividend covered by company income. A cover of 1 means all income is paid out in dividends
5.4
CADI
The Consecutive Annual Dividend Increases - the number of years this company has been increasing its dividends
9
Market Indices
S&P 500
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