Discover Financial Services 6.50% Non Cumulative Perpetual Preferred Stock
By: Tim McPartland,
S&P Rating BB Moodys Rating B1
Security Ticker Symbol DFS-B
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Market Traded ON NYSE
Dividend Payment Paid on the 1st of March, June, September and December beginning on 12/1/2012
Quarterly Dividend .406 Annual Dividend 1.625
Securities may be redeemed, at the issuers option, as early as 10/30/2017 for a redemption price of $25/share plus accrued dividends
Dividend Payment Will Likely be a Qualified Distributions
Maturity Date None
Company Investor Relations Page for Discover Financial Services
Below you can find the offering Prospectus and Final Pricing Document
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Tim McPartland
Connect with Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
