Discover Financial Services (DFS) will raise its quarterly dividend by 16.7 percent to $0.35 per share. The new dividend is payable on September 7, 2017, to holders of record at the close of business on August 24, 2017.
Discover Financial Services is a direct banking and payment services company. It provides direct banking products and services, and payment services through its subsidiaries. It offers its customers credit card loans, private student loans, personal loans, home equity loans and deposit products. The company issues the Discover card, operates the Discover Network, PULSE and Diners Club International.