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Discover Financial Services Declares Quarterly Dividend for Preferred and Common Stock


Tuesday, 16 Apr 2013 05:00pm EDT 

Discover Financial Services announced that it declared a quarterly cash dividend on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, in the amount of $16.25 per share. The dividend equals $0.40625 per depositary share, each representing 1/40th interest in a share of the Series B Preferred Stock. The dividend will be payable on June 3, 2013, to the holders of record at the close of business on May 17, 2013. The Board of Directors also declared a quarterly cash dividend of $0.20 per share of common stock, an increase of $0.06 per share of common stock, payable on May 23, 2013, to holders of record at the close of business on May 9, 2013. 

Company Quote

62.84
-0.12 -0.19%
30 Oct 2014