Discover Financial Services (DFS) Yield on Cost (YOC): 1.40%
The yield on cost (YOC) for Discover Financial Services (DFS) is 1.40%.
DFS Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
1.40%
Forward Yield on Cost Projections
If you buy DFS today at the current stock price of $200.05 with a yield of 1.40% and dividends continue to grow at the historical rate (10.8% CAGR), your YOC would be:
Current Yield
1.40%
YOC in 3 Years
2.23%
YOC in 5 Years
3.03%
YOC in 10 Years
6.58%
Interactive Yield on Cost Calculator
Project custom investment returns for Discover Financial Services (DFS) based on your custom cost basis.
Starting Yield
1.40%
Ending YOC
6.47%
Year 15 Dividend
$12.95
Cum. Dividends Recd.
$104.58
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.80 | — | 1.40% | $0.00 |
| Year 1 | $3.10 | +10.75% | 1.55% | $3.10 |
| Year 2 | $3.43 | +10.75% | 1.72% | $6.54 |
| Year 3 | $3.80 | +10.75% | 1.90% | $10.34 |
| Year 4 | $4.21 | +10.75% | 2.11% | $14.55 |
| Year 5 | $4.67 | +10.75% | 2.33% | $19.22 |
| Year 6 | $5.17 | +10.75% | 2.58% | $24.38 |
| Year 7 | $5.72 | +10.75% | 2.86% | $30.11 |
| Year 8 | $6.34 | +10.75% | 3.17% | $36.44 |
| Year 9 | $7.02 | +10.75% | 3.51% | $43.46 |
| Year 10 | $7.77 | +10.75% | 3.89% | $51.23 |
| Year 11 | $8.61 | +10.75% | 4.30% | $59.84 |
| Year 12 | $9.53 | +10.75% | 4.77% | $69.38 |
| Year 13 | $10.56 | +10.75% | 5.28% | $79.94 |
| Year 14 | $11.69 | +10.75% | 5.85% | $91.63 |
| Year 15 | $12.95 | +10.75% | 6.47% | $104.58 |
Yield on Cost (YOC) Formula
Formula: Yield on Cost = Annual Dividend / Original Purchase Price × 100
Inputs shown in the projection:
- Original purchase price.
- Annual dividend per share at the starting point.
- Assumed annual dividend growth rate.
- Projected annual dividend divided by original purchase price.
Note: Forward projections assume dividends continue to grow at the designated growth rate. Actual dividend payments are declared by corporate boards and are subject to change.
Discover Financial Services Yield on Cost (YOC) Formula & Definition
Yield on Cost shows the dividend yield based on your original purchase price. As dividends grow, your YOC increases even if the market yield stays the same.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Discover Financial Services Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Discover Financial Services (DFS)?
- The yield on cost (YOC) for DFS stock is 1.40%.
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