Discover Financial Services (NYSE:DFS) will begin trading ex-dividend on November 18, 2020. The quarterly dividend payment of $ 0.44 per share is scheduled to be paid on December 3, 2020. The dividend yield based on the latest trading day closing price was 2.30 percent. Shareholders who purchased DFS shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
wpDataTable with provided ID not found!Click Here For More Historical Dividends Of Discover Financial Services
Discover Financial Services recently reported second quarter financial results on July 22, 2020, after market close, direct banking and payment services operator came out with loss for the second quarter of $ 1.20 per share, from the revenue of $ 2,662.00 million. The quarterly revenues dropped 4.88 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.28 per share from $ 2656.30 million in revenue. The bottom line results missed street analysts by $ 0.92 or 328.57 percent, at the same time, top line results outshined analysts by $ 5.70 million or 0.21 percent.
Stock Performance
On Friday, shares of Discover Financial Services has traded high as $ 77.00 and has cracked $ 73.57 on the downward trend, reaching $ 76.61 with volume of 1.69 million shares.
According to the previous trading day, closing price of $ 76.61, representing a 215.66 % increase from the 52 week low of $ 23.25 and a 16.06 % decrease over the 52 week high of $ 87.43.
The company has a market capital of $ 23.48 billion and is part of the Financial Services sector and Credit Services industry.
Discover Financial Services, through its subsidiaries, operates as a direct banking and payment services company in the United States. The Direct Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, including private student loans, personal loans, home equity loans, and other consumer lending, as well as deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement arrangement certificates of deposit. The Payment Services segment operates the PULSE network, an automated teller machine, debit, and electronic funds transfer network; Diners Club International, a payments network that issues Diners Club branded charge cards and provides card acceptance services; and Discover Network that processes transactions for Discover-branded credit and debit cards, as well as provides payment transaction processing and settlement services.
