Company Website:
http://www.discover.com
RIVERWOODS, Ill. -- (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 September 2, 2014, to the holders of record at the close
of business on August 15, 2014.
The Board of Directors also declared a quarterly cash dividend of $0.24
per share of common stock payable on August 21, 2014, to holders of
record at the close of business on August 7, 2014.
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 issues
the Discover card, America's cash rewards pioneer, and offers home
loans, private student loans, personal loans, home equity loans,
checking and savings accounts, certificates of deposit and money market
accounts through its direct banking business. It operates the 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.discover.com/company.
Contacts:
Discover Financial Services
Investor
Contact:
Bill Franklin
Investor Relations
224-405-1902
williamfranklin@discover.com
or
Media
Contact:
Jon Drummond
Public Relations
224-405-1888
jondrummond@discover.com
Source: Discover Financial Services
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