Discover Financial Services Dividend
Dividend criteria checks 5/6
Discover Financial Services is a dividend paying company with a current yield of 2.25% that is well covered by earnings. Next payment date is on 7th March, 2024 with an ex-dividend date of 21st February, 2024.
Key information
2.3%
Dividend yield
24%
Payout ratio
Industry average yield | 4.5% |
Next dividend pay date | 07 Mar 24 |
Ex dividend date | 21 Feb 24 |
Dividend per share | n/a |
Earnings per share | €11.43 |
Dividend yield forecast in 3Y | 2.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DC7's dividends per share have been stable in the past 10 years.
Growing Dividend: DC7's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Discover Financial Services Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (DC7) | 2.3% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.6% |
Industry Average (Consumer Finance) | 4.5% |
Analyst forecast in 3 Years (DC7) | 2.2% |
Notable Dividend: DC7's dividend (2.25%) is higher than the bottom 25% of dividend payers in the German market (1.59%).
High Dividend: DC7's dividend (2.25%) is low compared to the top 25% of dividend payers in the German market (5.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24%), DC7's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.3%), DC7's dividend payments are thoroughly covered by cash flows.