Discover Financial Services Declares Quarterly Dividend for Preferred and Common Stock
16 Aprile 2013 - 11:00PM
Business Wire
The Board of Directors of Discover Financial Services 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.
About Discover
Discover Financial Services (NYSE: DFS) is a direct banking and
payment services company with one of the most recognized brands in
U.S. financial services. Since its inception in 1986, the company
has become one of the largest card issuers in the United States.
The company operates the Discover card, America's cash rewards
pioneer, and offers home loans, private student loans, personal
loans, checking and savings accounts, certificates of deposit and
money market accounts through its direct banking business. Its
payment businesses consist of Discover Network, with millions of
merchant and cash access locations; PULSE, one of the nation's
leading ATM/debit networks; and Diners Club International, a global
payments network with acceptance in more than 185 countries and
territories. For more information, visit
www.discoverfinancial.com.
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