Discover Financial Services's Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B Ex-Dividend Reminder

On 11/12/14, Discover Financial Services's Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B (NYSE: DFS.PRB) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 12/1/14. As a percentage of DFS.PRB's recent share price of $25.79, this dividend works out to approximately 1.58%, so look for shares of DFS.PRB to trade 1.58% lower — all else being equal — when DFS.PRB shares open for trading on 11/12/14. On an annualized basis, the current yield is approximately ...