Discover Financial Services (DFS) Declares $0.35 Quarterly Dividend; 2.1% Yield
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Discover Financial Services Declares Quarterly Dividend for Preferred and Common Stock
October 19, 2017 5:13 PM EDTRIVERWOODS, Ill.--(BUSINESS WIRE)-- The Board of Directors of Discover Financial Services declared a quarterly cash dividend on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, in the amount of $16.25 per share. The dividend equals $0.40625 per depositary share, each representing 1/40th interest in a share of the Series B Preferred Stock. The dividend will be payable on December 1, 2017, to the holders of record at the close of business on November 14, 2017.
The Board of Directors also declared a quarterly cash dividend of $0.35 per share of common stock payable on December 7, 2017, to holders of record at... More
