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Fin Stocks Reports Analysis: Discover Financial Services (DFS), Spirit Realty Capital, Inc(SRC)

Shares of Discover Financial Services (NYSE:DFS) ended Wednesday session in green amid volatile trading. The shares closed up +0.02 points or 0.04% at $55.51 with 2,187,797 shares getting traded. Post opening the session at $55.47, the shares hit an intraday low of $55.37 and an intraday high of $55.74 and the price vacillated in this range throughout the day. The company has a market cap of $22.02 billion and the numbers of outstanding shares have been calculated to be 403.63 million shares.

Discover Financial Services (DFS) announced that it is pledging up to $500,000 to the American Red Cross for Hurricane Matthew relief efforts through a cardmember donation matching program. For every cardmember who donates to the American Red Cross using their Cashback Bonus®, or by making a donation with their Discover card, Discover will match those donations dollar-for-dollar up to $500,000. Discover is also waiving the transaction fees on all credit card donations to the American Red Cross for the immediate future.

Discover also will be matching employee donations to the American Red Cross dollar-for-dollar through their Employee Giving Program.

“Hurricane Matthew has created an urgent need for assistance in Haiti, the Bahamas, and the U.S.,” said David Nelms, Chairman and CEO of Discover. “Our cardmembers and employees share a strong interest in supporting relief efforts and providing a means of doing so will help make their donations go further and assist more people.”

Shares of Spirit Realty Capital, Inc (New) (NYSE:SRC) ended Wednesday session in red amid volatile trading. The shares closed down -0.08 points or -0.65% at $12.29 with 2,128,449 shares getting traded. Post opening the session at $12.44, the shares hit an intraday low of $12.26 and an intraday high of $12.59 and the price vacillated in this range throughout the day. The company has a market cap of $6.54 billion and the numbers of outstanding shares have been calculated to be 479.68 million shares.

Spirit Realty Capital, Inc (New) (SRC) announced that its Board of Directors has declared a quarterly cash dividend of $0.175 per common share, representing an annualized rate of $0.70 per common share. Shareholders of record as of September 30, 2016, will receive the $0.175 cash dividend on October 14, 2016.

 

 

 

About Mary Jones

Mary Jones has been a columnist on financial. Because of having financial background, Mary Jones has been well known in his community regarding writing blogs on financial for many financial news sites and now it is our honor that Mary Jones started writing financial news for us recently.

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