# Discover Financial Services (DFS): Dividend & Fundamentals

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- Sector: Financial Services · Industry: Financial - Credit Services
- Exchange: NYSE · Trading currency: USD

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 speci...

## Quote & Key Metrics

As of 2025-05-16:

| Metric | Value |
|---|---|
| Price | $200.05 USD |
| Market Cap | $50.34B |
| P/E (TTM) | 10.69 |
| EPS (TTM) | $18.72 |
| 52-Week Range | $119.95 – $207.42 |
| Dividend Yield (TTM) | — |

## Dividend

| Metric | Value |
|---|---|
| Yield (TTM) | — |
| Annual Dividend (TTM) | — /share |
| Annual Dividend (Forward) | — /share |
| Frequency | Quarterly |
| Consecutive Growth Streak | 0 years |
| Growth CAGR 1Y / 3Y / 5Y / 10Y | 0.0% / 5.3% / 9.7% / 9.6% |
| Payout Ratio (EPS, TTM) | 14.9% |
| Payout Ratio (FCF, TTM) | 8.3% |
| Payout Ratio (EPS, forward dividend) | — |
| Payout Ratio (FCF, forward dividend) | — |

### Recent Payments

| Ex-Date | Amount | Pay Date |
|---|---|---|
| 2025-05-23 | $0.7000 | 2025-06-06 |
| 2025-02-20 | $0.7000 | 2025-03-06 |
| 2024-11-21 | $0.7000 | 2024-12-05 |
| 2024-08-22 | $0.7000 | 2024-09-05 |
| 2024-05-22 | $0.7000 | 2024-06-06 |
| 2024-02-21 | $0.7000 | 2024-03-07 |
| 2023-11-21 | $0.7000 | 2023-12-07 |
| 2023-08-23 | $0.7000 | 2023-09-07 |
| 2023-05-24 | $0.7000 | 2023-06-08 |
| 2023-02-22 | $0.6000 | 2023-03-09 |
| 2022-11-22 | $0.6000 | 2022-12-08 |
| 2022-10-13 | $0.6000 | — |

Full history: https://www.dividenddata.com/stocks/dfs/dividend

## Frequently Asked Questions

### What does Discover Financial Services do?

Discover Financial Services (DFS) operates in the Financial - Credit Services industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.

### What is DFS's market cap?

Discover Financial Services (DFS) has a market capitalization of approximately $50.34 billion, as of May 16, 2025, based on the most recent share price and shares outstanding.

### Does DFS pay a dividend?

No, Discover Financial Services (DFS) is not currently paying a dividend. Its last ex-dividend date was May 23, 2025 ($0.70 per share), and no payment has been declared since. The full historical payment record is on the Dividend tab.

### How often did DFS pay dividends?

Discover Financial Services paid dividends quarterly until 2025; nothing has been declared since. Each historical ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is DFS's payout ratio?

Discover Financial Services's payout ratio is the percentage of earnings (and free cash flow) returned to shareholders as dividends. Current EPS and FCF coverage are shown in the payout cards above, with green / amber / red coloring indicating sustainability.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/stocks/dfs
- Dividend history & safety: https://www.dividenddata.com/stocks/dfs/dividend
- Earnings & EPS: https://www.dividenddata.com/stocks/dfs/earnings
- Financial statements: https://www.dividenddata.com/stocks/dfs/financials/income
- Valuation multiples: https://www.dividenddata.com/stocks/dfs/valuation
- Peer comparison: https://www.dividenddata.com/stocks/dfs/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.