Discover Financial Services (NYSE:DFS) announced a quarterly dividend on Thursday, December 20th. Shareholders of record on Thursday, January 3rd will be paid a dividend of $0.14 per share on Thursday, January 17th. This represents a $0.56 annualized dividend and a dividend yield of 1.41%.

DFS has been the subject of a number of recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of Discover Financial Services in a research note to investors on Wednesday. They now have a $45.00 price target on the stock. On the ratings front, analysts at Barclays Capital reiterated a “” rating on shares of Discover Financial Services in a research note to investors on Tuesday. They now have a $45.00 price target on the stock. Finally, analysts at RBC Capital reiterated a “top pick” rating on shares of Discover Financial Services in a research note to investors on Tuesday. They now have a $50.00 price target on the stock.

Shares of Discover Financial Services (DFS) opened at 39.77 on Thursday. Discover Financial Services (DFS) has a one year low of $23.75 and a one year high of $42.08. The company has a market cap of $20.075 billion and a P/E ratio of 9.17.

Discover Financial Services last issued its quarterly earnings data on Thursday, December 20th. The company reported $1.07 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.11 by $0.04. The company had revenue of $2.00 billion for the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter in 2011, the company posted $0.95 earnings per share. The company’s quarterly revenue was up 10.6% on a year-over-year basis. On average, analysts predict that Discover Financial Services (DFS) will post $4.51 earnings per share for the current fiscal year.

Discover Financial Services (Discover) is a direct banking and payment services company. The Company operates as a bank holding company and a financial holding company.

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