Skip to Content
DFS
Discover Financial Services
United States flag NYSE
$119.89
USD
0.32
0.27%

Market Cap $30,040.22M
Forward P/E 10.8x
Volume 1,745,964
Total Return (3M) 10.88%

Discover Financial Services (DFS)
Dividend Date & History

Sign Up for Free

Dividend Data

Discover Financial Services’s (DFS) dividend yield is 2.34%, which means that for every $100 invested in the company's stock, investors would receive $2.34 in dividends per year.

Discover Financial Services’s payout ratio is 25.58% which means that 25.58% of the company's earnings are paid out as dividends. A low payout ratio may indicate that the company has a strong financial position and can invest in growth opportunities, while a high payout ratio may indicate that the company is returning most of its earnings to shareholders. DFS’s annual dividend is $2.80 per share. This is the total amount of dividends paid out to shareholders in a year.

Discover Financial Services’s (DFS) ex-dividend date is , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment.

Discover Financial Services (DFS) pays dividends on a quarterly basis. Discover Financial Services (DFS) has increased its dividends for 14 consecutive years. This is a positive sign of the company's financial stability and its ability to pay consistent dividends in the future.

Dividend Yield 2.34%
Annual Dividend $2.80
Ex Dividend Date Feb 21, 2024
Dividend Growth 17.39%
Payout Ratio 25.58%
Payout Period Quarterly
Next Div Payment TBA
Cons. Yrs Growth 14

Dividend History and Growth

Discover Financial Services (DFS) dividend payments per share are an average of 17.39% over the past 12 months, 15.33% over the past 36 months, 12.47% over the past 60 months, and 16.23% over the past 120 months.

It is important to note that DFS’s dividend history and growth can be affected by many factors, such as profitability, cash flow, and financial stability, as well as its growth prospects and dividend payout policies. Add DFS to your watchlist to be aware of any updates.

Dividend Growth Table

1Y
3Y
5Y
10Y
Annualized Growth %
17.39%
15.33%
12.47%
16.23%

Dividend Growth Graph

Open in Koyfin
Dividend Growth Chart
View Interactive Chart

Dividend Yield

DFS dividend yield graph is a visual representation of Discover Financial Services’s dividend yield over the last 12 months. This is useful for investors to understand DFS’s historical dividend yield and to identify any trends or patterns in the company's dividend payments over time.

Dividend Yield Chart

Open in Koyfin
Dividend Yield Chart
View Interactive Chart

Shareholder Yield

Shareholder yield is a metric that measures the total return to shareholders through dividends, buybacks, and debt paydown. It is a ratio that compares the cash returned to shareholders over a period of time to the market capitalization of the company.

Discover Financial Services (DFS) shareholder yield graph below includes indicators for dividends, buybacks, and debt paydown, which allows investors to see how each component contributes to the overall shareholder yield.

It's important to note that shareholder yield is just one metric among many that investors may use to evaluate a company's financial health and its potential for future growth. It should be considered in conjunction with other financial metrics such as earnings, revenue, and debt levels to get a comprehensive understanding of a company's financial position.

Shareholder Yield Chart

Open in Koyfin
Shareholder Yield Chart
View Interactive Chart

Dividend Safety

Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.

Some specific indicators often used to assess Discover Financial Services (DFS) dividend safety include

  • Dividend payment history: DFS has a long history of paying dividends and has consistently increased its dividend payout for 14 consecutive years.
  • Dividend payout ratio: A low payout ratio, typically less than 60%, indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. Discover Financial Services’s payout ratio is about 25.58%

It is worth noting that Dividend safety can change over time, and a company that was considered to have a high level of dividend safety in the past may no longer be considered safe today. Therefore, it is important to regularly monitor a company's financial performance and dividend payment history.

Dividend Safety Graph

Open in Koyfin
Dividend Safety Chart
View Interactive Chart

Comparing Discover Financial Services to Other Stock

The percentile ranks table is a way to compare Discover Financial Services (DFS) dividend yield relative to its sector, country, and the world.

  • Dividend yield: DFS’s latest value of 2.34% is the percentage of the current stock price that is paid out as dividends to shareholders. The relative to the sector, country, and world values (0.3, 0.42, and 0.51 respectively) indicate Discover Financial Services’s dividend yield compared to others in its sector, country, and world. For example, a value of 0.42 relative to country means that Discover Financial Services’s dividend yield is higher than 42% of companies in its country.

This table allows investors to quickly compare a company's dividend metrics to its peers in the sector, country, and the world, and evaluate its relative stability and growth potential.

Percentile Ranks Table

latest value
relative to sector
relative to country
relative to world
Dividend Yield
2.34%
0.3
0.42
0.51

Dividend FAQ

Does Discover Financial Services pay dividends?

Discover Financial Services (DFS) pays dividends to its shareholders.

How much is Discover Financial Services’s dividend?

Discover Financial Services's (DFS) quarterly dividend per share was $0.70 as of .

When is Discover Financial Services’s ex-dividend date?

Discover Financial Services’s latest ex-dividend date was on . The DFS stock shareholders received the last dividend payment of $0.70 per share on .

When is Discover Financial Services’s next dividend payment date?

Discover Financial Services’s next dividend payment has not been announced at this time.

Does Discover Financial Services have sufficient earnings to cover its dividends?

Discover Financial Services (DFS) has a low payout ratio of 25.58%, which is generally considered to be a sign that a company has enough earnings to pay dividends and retain earnings to reinvest in the business.


Great investments start with great insight.

Save time, gain insight and revolutionize the way you invest. Get started today.

Get started