Most-Downgraded StocksMost-Downgraded Discover Financial Services (DFS) Dividend Yield, Date & History $95.62 +2.62 (+2.82%) (As of 12/1/2023 08:54 PM ET) Add Compare Share Share Today's Range$92.66▼$95.9650-Day Range$80.49▼$95.6252-Week Range$79.04▼$122.50Volume3.01 million shsAverage Volume2.35 million shsMarket Capitalization$23.91 billionP/E Ratio7.09Dividend Yield2.93%Price Target$103.56 DividendStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Dividend SummaryDividend Yield2.93%Annual Dividend$2.80Dividend Increase Track Record 13 YearsAnnualized 3-Year Dividend Growth 11.04%Dividend Payout Ratio 20.77% Next Dividend Payment Dec. 7 Get Dividend Stock Ideas Daily Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. Email Address Skip Charts & View Dividend HistoryDFS Dividend PaymentsOpen Discover Financial Services in Dividend Calculator →DFS Dividend Yield Over Time Open Discover Financial Services in Dividend Yield Calculator → Discover Financial Services vs. The CompetitionTypeDiscover Financial ServicesFinance CompaniesNYSE CompaniesAnnual Dividend$2.80$1.58$1.45Dividend Yield2.93%704.00%367.39%Annualized 3-Year Dividend Growth11.04%612.13%622.84%Track Record13 years6 years9 yearsDiscover Financial Services Dividend Payout RatioTypePayout RatioBased on Trailing 12 Months of Earnings20.77%Based on This Year's Estimates22.73%Based on Next Year's Estimates22.56%Based on Cashflow16.66% Discover Financial Services Dividend History by QuarterAnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date10/18/2023quarterly$0.703.05%11/21/202311/22/202312/7/20237/19/2023quarterly$0.702.3%8/23/20238/24/20239/7/20234/19/2023quarterly$0.702.65%5/24/20235/25/20236/8/20231/18/2023quarterly$0.602.47%2/22/20232/23/20233/9/202310/24/2022quarterly$0.602.48%11/22/202211/23/202212/8/20227/20/2022Quarterly$0.602.4%8/24/20228/25/20229/8/2022 Get Dividend Updates for Companies Like Discover Financial ServicesEnter your email address below to receive our daily newsletter that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. 4/27/2022quarterly$0.602.24%5/25/20225/26/20226/9/20221/18/2022quarterly$0.501.62%2/16/20222/17/20223/3/202210/19/2021quarterly$0.501.52%11/23/202111/24/202112/9/20217/21/2021quarterly$0.501.59%8/18/20218/19/20219/2/20214/20/2021quarterly$0.441.82%5/19/20215/20/20216/3/20211/19/2021Quarterly$0.441.76%2/17/20212/18/20213/4/202110/20/2020quarterly$0.442.79%11/18/202011/19/202012/3/20207/21/2020Quarterly$0.443.38%8/19/20208/20/20209/3/20204/21/2020quarterly$0.445.13%5/20/20205/21/20206/4/20201/21/2020Quarterly$0.442.06%2/19/20202/20/20203/5/202010/17/2019quarterly$0.442.22%11/20/201911/21/201912/5/20197/18/2019Quarterly$0.442.15%8/21/20198/22/20199/5/20194/19/2019quarterly$0.402.07%5/23/20195/24/20196/6/20191/17/2019quarterly$0.402.48%2/20/20192/21/20193/7/201910/18/2018quarterly$0.402.14%11/20/201811/21/201812/6/20187/19/2018quarterly$0.402.24%8/22/20188/23/20189/6/20184/20/2018quarterly$0.351.91%5/23/20185/24/20186/7/20181/18/2018quarterly$0.351.95%2/21/20182/22/20183/8/201810/19/2017quarterly$0.352.1%11/21/201711/22/201712/7/20177/25/2017quarterly$0.352.2%8/22/20178/24/20179/7/20174/20/2017quarterly$0.301.81%5/9/20175/11/20175/25/20171/19/2017quarterly$0.301.71%2/7/20172/9/20172/23/201710/13/2016quarterly$0.3011/1/201611/3/201611/17/20167/14/2016quarterly$0.308/2/20168/4/20168/18/20164/14/2016quarterly$0.285/3/20165/5/20165/19/20161/14/2016quarterly$0.282/2/20162/4/20162/18/201610/15/2015quarterly$0.2811/3/201511/5/201511/19/20157/16/2015quarterly$0.281.89%8/4/20158/6/20158/20/20154/16/2015quarterly$0.281.9%5/5/20155/7/20155/21/20151/16/2015quarterly$0.241.58%2/3/20152/5/20152/19/201510/16/2014quarterly$0.241.54%11/4/201411/6/201411/20/20147/16/2014quarterly$0.241.5%8/5/20148/7/20148/21/20144/16/2014quarterly$0.241.69%5/6/20145/8/20145/22/20141/23/2014quarterly$0.201.48%2/4/20142/6/20142/20/201410/16/2013quarterly$0.201.49%11/5/201311/7/201311/21/20137/17/2013quarterly$0.201.58%8/6/20138/8/20138/22/20134/16/2013quarterly$0.201.88%5/7/20135/9/20135/23/201312/20/2012quarterly$0.141.45%12/31/20121/3/20131/17/2013(Data available from 1/1/2013 forward) Discover Financial Services Dividend - Frequently Asked Questions What is Discover Financial Services's dividend yield? The current dividend yield for Discover Financial Services is 2.93%. Learn more on DFS's dividend yield history. How much is Discover Financial Services's annual dividend? The annual dividend for DFS shares is $2.80. Learn more on DFS's annual dividend history. How often does Discover Financial Services pay dividends? Discover Financial Services pays quarterly dividends to shareholders. When is Discover Financial Services's next dividend payment? Discover Financial Services's next quarterly dividend payment of $0.70 per share will be made to shareholders on Thursday, December 7, 2023. When was Discover Financial Services's most recent dividend payment? Discover Financial Services's most recent quarterly dividend payment of $0.70 per share was made to shareholders on Thursday, September 7, 2023. When was Discover Financial Services's most recent ex-dividend date? Discover Financial Services's most recent ex-dividend date was Tuesday, November 21, 2023. Is Discover Financial Services's dividend growing? Over the past three years, the company's dividend has grown by an average of 11.04% per year. What track record does Discover Financial Services have of raising its dividend? Discover Financial Services has increased its dividend for the past 13 consecutive years. When did Discover Financial Services last increase or decrease its dividend? The most recent change in the company's dividend was an increase of $0.10 on Wednesday, April 19, 2023. What is Discover Financial Services's dividend payout ratio? The dividend payout ratio for DFS is: 20.77% based on the trailing year of earnings 22.73% based on this year's estimates 22.56% based on next year's estimates 16.66% based on cash flow More Dividend Resources from MarketBeat Related Companies: Banco Santander (Brasil) Dividend Yield The Hartford Financial Services Group Dividend Yield NatWest Group Dividend Yield Tradeweb Markets Dividend Yield State Street Dividend Yield T. 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Consider thisSimon Property Group's 7.2% Dividend Has Insiders Buying In Bulk More Dividend News This page (NYSE:DFS) was last updated on 12/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Discover Financial Services Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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