14-day Premium Trial Subscription Try For FreeTry Free

Discover Financial Services Stock Dividends Overview

DFS pays dividends quarterly. Last paid amount was $0.700 at Mar 07, 2024. As of today, dividend yield (TTM) is 2.66%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of DFS
Powered by GPT-4
New!
Dividend Analysis

Key Stats

Dividend Yield (TTM) 2.66%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.700
Next Ex-Dividend Date May 22, 2024
Next Payment Date Jun 06, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from DFS the purchase should be done within the next 17 days.
Here's a simple guide on how to buy DFS stock.

DFS Dividend Payout History

To ensure a understanding of DFS's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 17, 2024 May 22, 2024 Jun 06, 2024 $0.700 0.560%
2 Jan 17, 2024 Feb 21, 2024 Mar 07, 2024 $0.700 0.576%
3 Oct 18, 2023 Nov 21, 2023 Dec 07, 2023 $0.700 0.684%
4 Jul 19, 2023 Aug 23, 2023 Sep 07, 2023 $0.700 0.783%
5 Apr 19, 2023 May 24, 2023 Jun 08, 2023 $0.700 0.616%
6 Jan 18, 2023 Feb 22, 2023 Mar 09, 2023 $0.600 0.568%
7 Oct 24, 2022 Nov 22, 2022 Dec 08, 2022 $0.600 0.583%
8 Jul 21, 2022 Aug 24, 2022 Sep 08, 2022 $0.600 0.594%
9 Apr 27, 2022 May 25, 2022 Jun 09, 2022 $0.600 0.565%
10 Jan 18, 2022 Feb 16, 2022 Mar 03, 2022 $0.500 0.436%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (89.42%)

Growth potential

Stable (14.83%)

DFS Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from DFS dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in DFS stock here.

Comparing DFS to Sector and Country

DFS pays a solid dividend yield of 2.66%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.86%). DFS’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.10%), which means that there are more attractive dividend stocks to consider.

DFS Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
DFS
Discover Financial Services 31.252B $0.700 2.66% 25.31%
KKR
KKR & Co LP 84.084B $0.165 0.95% 16.48%

FAQ

What factors can affect the amount of DFS's dividend payments?
The amount of DFS's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in DFS sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from DFS stock be automatically reinvested?
If DFS offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy DFS stock.

How often does DFS pay dividend?
Discover Financial Services (DFS) pays dividends quarterly. The most recent payout was on Mar 07, 2024. The upcoming dividend Ex Date is May 22, 2024, with an amount of $0.700.

How much does DFS pays per share?
The last recorder (Feb 21, 2024) dividend per share was $0.700.

What is DFS dividend growth rate?
Over the last year, Discover Financial Services has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 16.74%. Furthermore, examining the past 5 years, Discover Financial Services has maintained an average Dividends Per Share Growth Rate of 11.84%.
Click to get the best stock tips daily for free!

About Discover Financial Services

Discover Financial Services Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; private student loans, personal loans, home loans, and other consumer lending; and direct-to-consumer deposit products comprising savings accounts, certific... DFS Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT