Discover Financial Services
Dividend Yield & History

Last updated:

Its most recent quarterly dividend was paid to shareholders on 3 Sep 2020. In trailing 12 Months, 18.14% of the company’s earnings is paid out as dividends.

0IBC.L Most Recent Dividend 3 Sep 2020
0IBC.L Dividend Yield TTM 1.60%
0IBC.L Payout Ratio TTM 18.14% (Trailing 12 Months of Earnings)
Discover Financial Services (LSE:0IBC.L): Payout ratio
Payout ratio 18.14%

Discover Financial Services stock dividend per share (2018 – 2020)

Discover Financial Services (LSE:0IBC.L): Dividend per share
2018 $1.5
2019 $1.68
2020 $1.32

Discover Financial Services stock dividend yield (2018 – 2020)

Discover Financial Services (LSE:0IBC.L): Dividend Yield
2018 2.72%
2019 2.11%
2020 2.07%

Discover Financial Services stock dividend history by quarter (2018 – 2020)

Date Dividend Dividend adjustment Declaration date Record date Payment date
19 Aug 2020 $0.44000 $0.44000 21 Jul 2020 20 Aug 2020 3 Sep 2020
20 May 2020 $0.44000 $0.44000 21 Apr 2020 21 May 2020 4 Jun 2020
19 Feb 2020 $0.44000 $0.44000 21 Jan 2020 20 Feb 2020 5 Mar 2020
20 Nov 2019 $0.44000 $0.44000 17 Oct 2019 21 Nov 2019 5 Dec 2019
21 Aug 2019 $0.44000 $0.44000 18 Jul 2019 22 Aug 2019 5 Sep 2019
23 May 2019 $0.40000 $0.40000 18 Apr 2019 24 May 2019 6 Jun 2019
20 Feb 2019 $0.40000 $0.40000 17 Jan 2019 21 Feb 2019 7 Mar 2019
20 Nov 2018 $0.40000 $0.40000 18 Oct 2018 21 Nov 2018 6 Dec 2018
22 Aug 2018 $0.40000 $0.40000 28 Jun 2018 23 Aug 2018 6 Sep 2018
23 May 2018 $0.35000 $0.35000 20 Apr 2018 24 May 2018 7 Jun 2018
21 Feb 2018 $0.35000 $0.35000 19 Jan 2018 22 Feb 2018 8 Mar 2018

Discover Financial Services Dividend FAQs

Does Discover Financial Services pay dividends?

Yes, Discover Financial Services pays dividends to its shareholders. The current dividend yield for the trailing 12 months is at 1.60%.

When does Discover Financial Services pay dividends?

The last payment date was on 3 Sep 2020.

How much does Discover Financial Services pay in dividends?

The most recent quarterly dividend was $0.44. The total yearly dividend (TTM) amounted to $0, per share.

What is dividend?

Dividend is money paid to shareholders of a company as a reward for their investment in the company's equity. Most often, they are paid out in form of cash or additional stocks.

How do dividends work?

Dividends are paid per share, meaning for every share held a shareholder gets a declared percentage of the company’s net earnings. Dividend payouts are usually on an annual or quarterly basis.

What is a dividend payout ratio?

The percentage of a company's total earnings that is paid to its shareholders.

How to calculate the dividend payout ratio?

The dividend ratio can be calculated by dividing the annual amount paid out in dividends by net earnings of the company.

What is the dividend yield?

The dividend yield determines the rate of return to shareholders of a company via dividends.

How to calculate the dividend yield?

The dividend yield can be calculated by dividing the annual dividends per share by the price per share.

What is the declaration date of dividend?

The declaration date is the day when a company announces its nearest dividend payment date.

What is the ex-dividend date of dividend?

If you buy shares of a company before its ex-dividend date, you are sure to be paid the nearest scheduled dividend on the payment date. Conversely, all shareholders who sold their shares prior to this date will not receive the next scheduled dividend.

What is the record date of dividend?

If an investor is listed as a shareholder of a company on this day, they are eligible to receive the nearest scheduled dividend. The record date is one business day after the ex-dividend date.

What is the payment date of dividend?

The payment date is a day when the dividends are paid out to all shareholders eligible to receive the latest dividend.