Discover Financial Services Reports First Quarter 2022 Net Income of $1.2 Billion or $4.22 Per Diluted Share

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Go back to Discover Financial Services Reports First Quarter 2022 Net Income of $1.2 Billion or $4.22 Per Diluted Share

Discover Financial (DFS) Raises Quarterly Dividend 20% to $0.60; Approves New $4.2B Buyback Plan

April 27, 2022 5:52 PM EDT

Discover Financial Services (NYSE: DFS) declared a quarterly dividend of $0.60 per share, or $2.4 annualized. This is a 20% increase from the prior dividend of $0.50. The dividend will be payable on June 9, 2022, to stockholders of record on May 26, 2022, with an ex-dividend date of May 25, 2022. The... More

Discover Financial Services (DFS) Tops Q1 EPS by 60c; Raises Dividend, Buyback

April 27, 2022 4:21 PM EDT

Discover Financial Services (NYSE: DFS) reported Q1 EPS of $4.22, $0.60 better than the analyst estimate of $3.62. Revenue for the quarter came in at $2.9 billion versus the consensus estimate of $2.98 billion.

Board of Directors Approves Repurchase of up to $4.2 Billion of Common Stock and Increases the... More