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Discover Financial Services (DFS) Ex-Dividend Date Scheduled for December 31, 2012

Discover Financial Services ( DFS ) has announced an ex-dividend date of December 31, 2012 and a cash dividend payment of $0.14 per share scheduled for January 17, 2013. Shareholders who purchased DFS stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 40% increase over the prior quarter. At the current stock price of $38.34, the dividend yield is 1.46%.

The previous trading day's last sale of DFS was $38.34, representing a -8.89% decrease from the 52 week high of $42.08 and a 61.43% increase over the 52 week low of $23.75.

DFS is a part of the Finance sector, which includes companies such as American Express Company ( AXP ) and Moody's Corporation ( MCO ). DFS's current earnings per share, an indicator of a company's profitability, is $4.46. Zacks Investment Research reports DFS's forecasted earnings growth in 2013 as -2.08%, compared to an industry average of 15%.

For more information on the declaration, record and payment dates, visit the DFS Dividend History page.

Interested in gaining exposure to DFS through an Exchange Traded Fund [ETF]?

The following ETF(s) have DFS as a top-10 holding:

  • PowerShares Dynamic Financial ( PFI )
  • Russell 1000 High Beta ETF (HBTA)
  • PowerShares Fundamental Pure Mid Core Portfolio ( PXMC )
  • PowerShares Dynamic LargeCap Value ( PWV ).

The top-performing ETF of this group is HBTA with an increase of 15.46% over the last 100 days. PFI has the highest percent weighting of DFS at 2.58%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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