DFS Dividends
Discover Financial Services (DFS) pays $2.80 in dividends per share, with a current dividend yield of 1.40%. The company has dividend history for 15 consecutive years.
DFS Dividend Summary
1.40%
$2.80
15.81%
8.31%
Consecutive Years
15
Most Recent Ex-Date
May 23, 2025
Most Recent Payment
Jun 6, 2025
DFS Dividends per Share (Nominal History)
View full nominal table listThis step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.
DFS Dividends CAGR Chart
Discover Financial Services (DFS)
Annual Dividend History
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2025 | $1.40 | N/A |
| 2024 | $2.80 | +3.70% |
| 2023 | $2.70 | +17.39% |
| 2022 | $2.30 | +22.34% |
| 2021 | $1.88 | +6.82% |
| 2020 | $1.76 | +4.76% |
| 2019 | $1.68 | +12.00% |
| 2018 | $1.50 | +15.38% |
| 2017 | $1.30 | +12.07% |
| 2016 | $1.16 | +7.41% |
| 2015 | $1.08 | +17.39% |
| 2014 | $0.92 | N/A |
| 2013 | $0.60 | N/A |
| 2012 | $0.44 | +57.14% |
| 2011 | $0.28 | +250.00% |
| 2010 | $0.08 | +0.00% |
| 2009 | $0.08 | -66.67% |
| 2008 | $0.24 | N/A |
| 2007 | $0.12 | N/A |
Quarterly Dividend History
| Quarter | Dividend/Share | YoY Growth |
|---|---|---|
| Q2 2025 | $0.70 | +0.00% |
| Q1 2025 | $0.70 | +0.00% |
| Q4 2024 | $0.70 | +0.00% |
| Q3 2024 | $0.70 | +0.00% |
| Q2 2024 | $0.70 | +0.00% |
| Q1 2024 | $0.70 | +16.67% |
| Q4 2023 | $0.70 | +16.67% |
| Q3 2023 | $0.70 | +16.67% |
| Q2 2023 | $0.70 | +16.67% |
| Q1 2023 | $0.60 | +20.00% |
| Q4 2022 | $0.60 | +20.00% |
| Q3 2022 | $0.60 | +20.00% |
| Q2 2022 | $0.60 | +36.36% |
| Q1 2022 | $0.50 | +13.64% |
| Q4 2021 | $0.50 | +13.64% |
| Q3 2021 | $0.50 | +13.64% |
| Q2 2021 | $0.44 | +0.00% |
| Q1 2021 | $0.44 | +0.00% |
| Q4 2020 | $0.44 | +0.00% |
| Q3 2020 | $0.44 | +0.00% |
| Q2 2020 | $0.44 | +10.00% |
| Q1 2020 | $0.44 | +10.00% |
| Q4 2019 | $0.44 | +10.00% |
| Q3 2019 | $0.44 | +10.00% |
Dividend Yield Metrics
- Current Yield
- 1.40%
- Average Yield (TTM)
- 1.40%
- Average Yield (3Y)
- 1.30%
- Forward Yield on Cost (3Y)
- 2.23%
- Forward Yield on Cost (5Y)
- 3.03%
- Forward Yield on Cost (10Y)
- 6.58%
Payout Ratio Analysis
- Payout Ratio (Current)
- 15.81%
- FCF Payout Ratio
- 8.31%
- Payout Ratio (3Y Avg)
- 18.63%
- Payout Ratio (5Y Avg)
- 23.06%
- FCF Payout (3Y Avg)
- 8.71%
- FCF Payout (5Y Avg)
- 8.98%
Dividend Coverage
About Discover Financial Services
Based in Riverwoods, Illinois, and founded in 1960, Discover Financial Services offers a comprehensive suite of digital banking and payment solutions throughout the United States. Its operations are organized into two primary divisions: Digital Banking and Payment Services. The Digital Banking segment caters to individuals with Discover-branded credit cards, various consumer loan products including private student, personal, and home loans, and a direct-to-consumer deposit portfolio featuring savings, certificates of deposit (CDs), money market, checking, and sweep accounts, alongside specialized IRA deposit options. The Payment Services segment is responsible for operating the PULSE network, which supports automated teller machines, debit transactions, and electronic funds transfers. It also oversees Diners Club International, a global payments network involved in issuing branded charge cards and facilitating card acceptance. Furthermore, this segment provides essential payment transaction processing and settlement services.
- Sector
- Financial Services
- Industry
- Financial - Credit Services
- CEO
- J. Michael Shepherd