Discover Financial Services (Discover Financial Services) Forward Dividend Yield % : 6.50% (As of May. 15, 2024)

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What is Discover Financial Services Forward Dividend Yield %?

As of today (2024-05-15), the Forward Annual Dividend Yield of Discover Financial Services is 6.50%.

As of today (2024-05-15), the Trailing Annual Dividend Yield of Discover Financial Services is 6.50%.

DFSpB_CL.PFD's Forward Dividend Yield % is ranked worse than
67.49% of 203 companies
in the Credit Services industry
Industry Median: 3.69 vs DFSpB_CL.PFD: 6.50

Discover Financial Services's Dividends per Share for the three months ended in Mar. 2024 was $0.00.

During the past 12 months, Discover Financial Services's average Dividends Per Share Growth Rate was 16.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Discover Financial Services was 95.70% per year. The lowest was -5.90% per year. And the median was 12.65% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison of Discover Financial Services's Forward Dividend Yield %

For the Credit Services subindustry, Discover Financial Services's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Discover Financial Services's Forward Dividend Yield % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Discover Financial Services's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Discover Financial Services's Forward Dividend Yield % falls into.

Discover Financial Services Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Discover Financial Services (NYSE:DFSpB_CL.PFD) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Discover Financial Services Forward Dividend Yield % Related Terms

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Discover Financial Services (Discover Financial Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Discover Financial Services (NYSE:DFSpB_CL.PFD) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

DFS:USA DC7:Germany

Address

2500 Lake Cook Road, Riverwoods, IL, USA, 60015

Website

https://www.discover.com

Discover Financial Services is a bank operating in two distinct segments: direct banking and payment services. The company issues credit and debit cards and provides other consumer banking products including deposit accounts, students loans, and other personal loans. It also operates the Discover, Pulse, and Diners Club networks. The Discover network is the fourth-largest payment network in the United States as ranked by overall purchase volume, and Pulse is one of the largest ATM networks in the country.