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Discover Financial Services (Discover Financial Services) Dividend Yield %

: 2.25% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Discover Financial Services is 2.25%.

Warning Sign:

Discover Financial Services stock dividend yield is close to 1-year low.

The historical rank and industry rank for Discover Financial Services's Dividend Yield % or its related term are showing as below:

DFS' s Dividend Yield % Range Over the Past 10 Years
Min: 0.62   Med: 1.91   Max: 6.65
Current: 2.25

During the past 13 years, the highest Dividend Yield of Discover Financial Services was 6.65%. The lowest was 0.62%. And the median was 1.91%.

DFS's Dividend Yield % is ranked worse than
67.27% of 220 companies
in the Credit Services industry
Industry Median: 3.6 vs DFS: 2.25

Discover Financial Services's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.46.

During the past 13 years, the highest Dividend Payout Ratio of Discover Financial Services was 0.47. The lowest was 0.10. And the median was 0.20.

As of today (2024-04-19), the Forward Dividend Yield % of Discover Financial Services is 2.25%.

Discover Financial Services's Dividends per Share for the three months ended in Dec. 2023 was $0.70.

During the past 12 months, Discover Financial Services's average Dividends Per Share Growth Rate was 17.40% 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.


Discover Financial Services Dividend Yield % Historical Data

The historical data trend for Discover Financial Services's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Discover Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.98 1.94 1.63 2.36 2.40

Discover Financial Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.43 2.14 3.00 2.40 2.14

Competitive Comparison

For the Credit Services subindustry, Discover Financial Services's Dividend Yield %, along with its competitors' market caps and 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 Dividend Yield % Distribution

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

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



Discover Financial Services Dividend Yield % Calculation

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

Discover Financial Services Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7002024-02-212024-02-222024-03-07Cash DividendquarterlyUSD:USD 1.000000
USD 0.7002023-11-212023-11-222023-12-07Cash DividendquarterlyUSD:USD 1.000000
USD 0.7002023-08-232023-08-242023-09-07Cash DividendquarterlyUSD:USD 1.000000
USD 0.7002023-05-242023-05-252023-06-08Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Discover Financial Services's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.8/125.405
=2.23 %

Current Share Price is $125.405.
Discover Financial Services's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.8.

Discover Financial Services's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.8/125.405
=2.23 %

Current Share Price is $125.405.
Discover Financial Services's Dividends per Share for the forward twelve months is calculated as $0.7 * 4 = $2.8.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Discover Financial Services  (NYSE:DFS) 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 Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Discover Financial Services's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Discover Financial Services (Discover Financial Services) Business Description

Traded in Other Exchanges
Address
2500 Lake Cook Road, Riverwoods, IL, USA, 60015
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.
Executives
Kathy Lonowski director 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Michael Shepherd director 567 HALE STREET, PALO ALTO CA 94301
Jason Strle officer: EVP, Chief Information Officer 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Jason P. Hanson officer: EVP, Pres. - Payment Services 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Daniela O'leary-gill director 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Beverley A Sibblies director 2700 SANDERS ROAD, PROSPECT HEIGHTS IL 60070
Robert Andrew Eichfeld officer: EVP - Chief HR & Admin Officer 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Carlos Minetti officer: EVP, Pres. - Consumer Banking 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Hope Mehlman officer: EVP, Chief Legal Officer & GC 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Michael H Moskow director 444 WEST LAKE STREET, STE. 4700, CHICAGO IL 60606
John B Owen director REGIONS FINANCIAL CORPORATION, 1900 5TH AVENUE NORTH, 21ST FLOOR, BIRMINGHAM AL 35203
John Greene officer: EVP & Chief Financial Officer 51 LIME STREET, LONDON X0 EC3M 7DQ
Shifra Kolsky officer: SVP, Controller and CAO 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Michael E Roemer officer: EVP, Chief Risk Officer AMERICAN INTERNATIONAL GROUP, INC., 70 PINE STREET, NEW YORK NY 10270
Daniel Peter Capozzi officer: EVP, Pres - Cr Ops & Dec Mgmt 2500 LAKE COOK ROAD, RIVERWOODS IL 60015