Discover Financial Services (DFS) Raises Quarterly Dividend 66.7% to $0.10; 1.7% Yield

Discover Financial Services (NYSE: DFS) declared a quarterly dividend of $0.10 per share, or $0.4 annualized. This is a 66.7% increase from the prior dividend of $0.06.

The dividend will be payable on January 19, 2012, to stockholders of record on December 29, 2011, with an ex-dividend date of December 27, 2011.

The annual yield on the dividend is 1.7 percent.

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