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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Discover Financial Services (NYSE: DFS) is tomorrow, May 7, 2013. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $45.95 as of 9:30 a.m. ET, the dividend yield is 1.8%.

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 $22.03 billion and is part of the financial sector and financial services industry. Shares are up 19.1% year to date as of the close of trading on Friday.

Discover Financial Services, a bank holding company, provides 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 10.1, 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 revenue growth, solid stock price performance, growth in earnings per share, increase in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Discover Financial Services Ratings Report.

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