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Is discover a good dividend stock?

Is discover a good dividend stock?

Discover Financial Services Looks Like A Great Dividend Stock. Overall, we think this could be an attractive income stock, and it is only getting better by paying a higher dividend this year. The earnings easily cover the company’s distributions, and the company is generating plenty of cash.

Is Discover Financial Services a buy?

The Discover Financial Services stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal.

What is Discover Financial Services dividend?

Dividend History for Discover Financial Services (DFS)

Ex-Div. Date Amount Yield
2/19/2020 $0.44 2.3%
11/20/2019 $0.44 2.1%
8/21/2019 $0.44 1.1%
5/23/2019 $0.40 2.1%

Does Discover Financial Services pay dividends?

The company’s next dividend payment will be US$0.50 per share, on the back of last year when the company paid a total of US$2.00 to shareholders. Based on the last year’s worth of payments, Discover Financial Services has a trailing yield of 1.5% on the current stock price of $134.26.

Is discover a good buy?

Discover’s stock has returned about 13% on an annualized basis for the past 10 years through the end of the second quarter of 2020. That makes it a top performer among banks; as a credit card company, it has trailed the major players, Visa and Mastercard, but it is different from them in several key ways.

Why is Discover Financial stock down?

Discover Financial suffered in 2020 due to the global economic slowdown and the Covid-19 crisis, which reduced the consumer spending levels and increased the risk of loan defaults. The company reported $11.1 billion in total revenues for the year – down 3% y-o-y.

How much is discover dividend?

DFS Dividend History

Ex/EFF DATE TYPE CASH AMOUNT
08/21/2019 CASH $0.44
05/23/2019 CASH $0.40
02/20/2019 CASH $0.40
11/20/2018 CASH $0.40

Is BAC a buy or sell?

Bank of America has received a consensus rating of Buy. The company’s average rating score is 2.63, and is based on 13 buy ratings, 5 hold ratings, and 1 sell rating.

Is Discover in Financial trouble?

Discover Financial reported a 62% y-o-y drop in its adjusted net income for 2020, due to higher operating costs and a significant increase in its provisions for credit losses. Due to the Covid-19 crisis, the loan repayment capability of its customers deteriorated, increasing the risk of loan defaults.

Who is CEO of Discover Card?

Roger C Hochschild
Roger C Hochschild. President/CEO, Discover Financial Services.