Discover Financial Services's most recent cash dividend of $0.7 per share was issued to shareholders on record before Aug 22, 2024. The payout stands at $2.8 per share annually, which works out to a dividend yield of 1.9%.
DFS has a dividend yield of 1.9% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.79%, Discover Financial Services's dividend yield is 32% lower. The current dividend yield is lower than the historical average of 2.3% of the last 5 years.
Discover Financial Services has been paying dividends for the last 17 years. According to our data DFS has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 8% for the last twelve months. However since the stock price has gone up by 65% from a year ago, the dividend yield has decreased by 35%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Aug 22, 2024 | $0.7 | 2.13% |
May 22, 2024 | $0.7 | 2.25% |
Feb 21, 2024 | $0.7 | 2.32% |
Nov 21, 2023 | $0.7 | 3.14% |
Aug 23, 2023 | $0.7 | 2.93% |
May 24, 2023 | $0.7 | 2.51% |
Feb 22, 2023 | $0.6 | 2.19% |
Nov 22, 2022 | $0.6 | 2.13% |
Aug 24, 2022 | $0.6 | 2.11% |
May 25, 2022 | $0.6 | 1.95% |
Feb 16, 2022 | $0.5 | 1.53% |
Nov 23, 2021 | $0.5 | 1.57% |
Aug 18, 2021 | $0.5 | 1.41% |
May 19, 2021 | $0.44 | 1.53% |
Feb 17, 2021 | $0.44 | 1.92% |
Nov 18, 2020 | $0.44 | 2.31% |
Aug 19, 2020 | $0.44 | 3.46% |
May 20, 2020 | $0.44 | 4.29% |
Feb 19, 2020 | $0.44 | 2.28% |
Nov 20, 2019 | $0.44 | 2.03% |
Aug 21, 2019 | $0.44 | 2.06% |
May 23, 2019 | $0.4 | 2.09% |
Feb 20, 2019 | $0.4 | 2.16% |
Nov 20, 2018 | $0.4 | 2.2% |
Aug 22, 2018 | $0.4 | 1.84% |
May 23, 2018 | $0.35 | 1.82% |
Feb 21, 2018 | $0.35 | 1.72% |
Nov 21, 2017 | $0.35 | 1.98% |
Aug 22, 2017 | $0.35 | 2.1% |
May 9, 2017 | $0.3 | 1.98% |
Feb 7, 2017 | $0.3 | 1.72% |
Nov 1, 2016 | $0.3 | 2.07% |
Aug 2, 2016 | $0.3 | 2.05% |
May 3, 2016 | $0.28 | 2.02% |
Feb 2, 2016 | $0.28 | 2.49% |
Nov 3, 2015 | $0.28 | 1.92% |
Aug 4, 2015 | $0.28 | 1.9% |
May 5, 2015 | $0.28 | 1.71% |
Feb 3, 2015 | $0.24 | 1.7% |
DFS has a payout ratio of 24.7% which is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 43.3%, Discover Financial Services's payout ratio is 43% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
TFSL TFS Financial CORP | 8.48% | $1.13 | 403.6% |
ZION Zions Bancorporation National Association | 3.18% | $1.64 | 39.5% |
DFS Discover Financial Services | 1.87% | $2.8 | 24.7% |
COF Capital One Financial Corp | 1.51% | $2.4 | 22.5% |
Yes, Discover Financial Services has been paying dividends for the last 17 years.
Discover Financial Services's last dividend ex-date was on Aug 22, 2024. The dividend amount was $0.7 per share.
DFS's annualized dividend per share is $2.8.
Discover Financial Services's current dividend yield is 1.9%.
Discover Financial Services pays four dividends per year.
The dividend payout ratio of Discover Financial Services is 24.7%.
Discover Financial Services's dividend yield is lower than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.