Discover Financial Services (DFS) Dividends
Dividend Yield and Dividend History Highlights
DFS Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $108.84 | $40.53 | -63.37% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. As for DFS, the DDM model generated by StockNews estimates a return of negative 63.37% in comparison to its current price. To help understand and contextualize the model's evaluation of DFS, investors may wish to consider are:
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Financial Services sector, Discover Financial Services's expected return of -63.37% is higher than just 14.79% of its fellow sector mates.
- Compared to all dividend issuing stocks in our set, DFS has a discount rate lower than just 14.79% of them (a lower discount rate is associated with lower risk).
- Beta tells us how volatile a stock's price is relative to the broader equity index; as for DFS, approximately just 10.32% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
- As other dividend issuers in the Financial Services sector, Discover Financial Services has an equity discount rate lower than just 11.28% of them.
DFS Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2023-11-21 | Dividend | $0.70 | -- |
| 2023-08-23 | Dividend | $0.70 | -- |
| 2023-05-24 | Dividend | $0.70 | +16.67% |
| 2023-02-22 | Dividend | $0.60 | -- |
| 2022-11-22 | Dividend | $0.60 | -- |
| 2022-08-24 | Dividend | $0.60 | -- |
| 2022-05-25 | Dividend | $0.60 | +20.00% |
| 2022-02-16 | Dividend | $0.50 | -- |
| 2021-11-23 | Dividend | $0.50 | -- |
| 2021-08-18 | Dividend | $0.50 | +13.64% |
| 2021-05-19 | Dividend | $0.44 | -- |
| 2021-02-17 | Dividend | $0.44 | -- |
| 2020-11-18 | Dividend | $0.44 | -- |
| 2020-08-19 | Dividend | $0.44 | -- |
| 2020-05-20 | Dividend | $0.44 | -- |
| 2020-02-19 | Dividend | $0.44 | -- |
| 2019-11-20 | Dividend | $0.44 | -- |
| 2019-08-21 | Dividend | $0.44 | +10.00% |
| 2019-05-23 | Dividend | $0.40 | -- |
| 2019-02-20 | Dividend | $0.40 | -- |
| 2018-11-20 | Dividend | $0.40 | -- |
| 2018-08-22 | Dividend | $0.40 | +14.29% |
| 2018-05-23 | Dividend | $0.35 | -- |
| 2018-02-21 | Dividend | $0.35 | -- |
| 2017-11-21 | Dividend | $0.35 | -- |
| 2017-08-22 | Dividend | $0.35 | +16.67% |
| 2017-05-09 | Dividend | $0.30 | -- |
| 2017-02-07 | Dividend | $0.30 | -- |
| 2016-11-01 | Dividend | $0.30 | -- |
| 2016-08-02 | Dividend | $0.30 | +7.14% |
| 2016-05-03 | Dividend | $0.28 | -- |
| 2016-02-02 | Dividend | $0.28 | -- |
| 2015-11-03 | Dividend | $0.28 | -- |
| 2015-08-04 | Dividend | $0.28 | -- |
| 2015-05-05 | Dividend | $0.28 | +16.67% |
| 2015-02-03 | Dividend | $0.24 | -- |
| 2014-11-04 | Dividend | $0.24 | -- |
| 2014-08-05 | Dividend | $0.24 | -- |
| 2014-05-06 | Dividend | $0.24 | +20.00% |
| 2014-02-04 | Dividend | $0.20 | -- |
| 2013-11-05 | Dividend | $0.20 | -- |
| 2013-08-06 | Dividend | $0.20 | -- |
| 2013-05-07 | Dividend | $0.20 | +42.86% |
| 2012-12-31 | Dividend | $0.14 | +40.00% |
| 2012-10-02 | Dividend | $0.10 | -- |
| 2012-07-02 | Dividend | $0.10 | -- |
| 2012-04-03 | Dividend | $0.10 | -- |
| 2011-12-27 | Dividend | $0.10 | +66.67% |
| 2011-10-04 | Dividend | $0.06 | -- |
| 2011-07-05 | Dividend | $0.06 | -- |
| 2011-04-05 | Dividend | $0.06 | +200.00% |
| 2010-12-27 | Dividend | $0.02 | -- |
| 2010-10-05 | Dividend | $0.02 | -- |
| 2010-07-02 | Dividend | $0.02 | -- |
| 2010-03-30 | Dividend | $0.02 | -- |
| 2009-12-29 | Dividend | $0.02 | -- |
| 2009-09-29 | Dividend | $0.02 | -- |
| 2009-06-29 | Dividend | $0.02 | -- |
| 2009-03-30 | Dividend | $0.02 | -66.67% |
| 2008-12-30 | Dividend | $0.06 | -- |
| 2008-09-29 | Dividend | $0.06 | -- |
| 2008-06-27 | Dividend | $0.06 | -- |
| 2008-04-01 | Dividend | $0.06 | -- |
| 2007-12-31 | Dividend | $0.06 | -- |
| 2007-10-03 | Dividend | $0.06 | -- |
DFS Dividends vs. Peers
DFS's dividend yield currently ranks #64 of 65 vs. its peers in the Consumer Financial Services category.
Looking for More Information on DFS dividends?
Here are a few links from around the web to help you further your research on Discover Financial Services and its dividends:Discover Financial Services Common Stock (DFS) Dividend History | Nasdaq
Dividend History for Discover Financial Services (DFS) - Dividend Investor
Discover Financial Services (DFS) Dividend History - Seeking Alpha