Discover Financial Services Dividends and Buybacks
Dividend criteria checks 5/6
Discover Financial Services is a dividend paying company with a current yield of 1.56% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 21st November, 2024.
Key information
1.6%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 1.7% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 2.5% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 21 Nov 24 |
| Dividend per share | US$2.800 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Discover Financial Services: Well-Positioned If The Acquisition Fails
Oct 25Good Value Despite Discover's Stalled Merger
Sep 24Discover Financial Services (NYSE:DFS) Will Pay A Dividend Of $0.70
Apr 26
Capital One Makes A Brilliant Step Forward With Discover
Mar 05Discover Financial Services: High-Yielding Digital Bank And Payment Network
Feb 05Discover Financial Services: Down But Far From Out
Jan 26Discover Financial Q4 Earnings Preview: Credit Losses Are The Primary Concern
Jan 15Discover Financial Services' (NYSE:DFS) Price Is Right But Growth Is Lacking After Shares Rocket 29%
Dec 22Discover Financial Services: Harvesting Low-Hanging Fruit
Nov 19Discover: Q3 Results Worsen The Uncertainties Weighing On Shares
Oct 20Discover Financial: Growing Dividend, No Margin Of Safety
Oct 09Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DFS's dividends per share have been stable in the past 10 years.
Growing Dividend: DFS'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 (DFS) | 1.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Consumer Finance) | 1.6% |
| Analyst forecast (DFS) (up to 3 years) | 1.7% |
Notable Dividend: DFS's dividend (1.56%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: DFS's dividend (1.56%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.6%), DFS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.5%), DFS's dividend payments are thoroughly covered by cash flows.