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TheStreet Wire

Discover Financial Services Stock To Go Ex-dividend Monday (DFS)

By TheStreet Wire 06/29/12 - 09:53 AM EDT

Find out if (DFS) is in Cramer's Portfolio.

NEW YORK (TheStreet) -- The ex-dividend date for Discover Financial Services (NYSE:DFS) is Monday, July 2, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $34.40 as of 9:30 a.m. ET, the dividend yield is 1.2%.

The average volume for Discover Financial Services has been five million shares per day over the past 30 days. Discover Financial Services has a market cap of $17.34 billion and is part of the financial sector and financial services industry. Shares are up 40.3% year to date as of the close of trading on Thursday.

Discover Financial Services, a bank holding company, offers direct banking and payment services in the United States. It operates in two segments, Direct Banking and Payment Services. The company has a P/E ratio of 7.8, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Discover Financial Services as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Discover Financial Services Ratings Report.

See our dividend calendar or top-yielding stocks list.

For more information on Discover Financial Services click any of the following:

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