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daniel November 24, 2017 Citi Group (NYSE: C) and JPMorgan Chase (NYSE: JPM), Diner’s Club, Discover Financial, Discover Financial (NYSE: DFS), Discover Financial is a Value Investment, Discover Financial is generating a Lot More Cash, Discover Financial Services, Discover Financial Services has a lot of Growth Potential, Discover is the sixth-largest credit card issuer in the United States, Discover paid a 30¢ dividend in November 2016., Discover shareholders enjoyed a dividend of 35¢ on 21 November 2017, good basic financial stock, Is Discover Financial Making Money?, oldest US credit-card brand, That dividend grew by 5¢ over the course of the past year.

Is Discover Financial Making Money?

Although it is generating more cash, Discover reported a free cash flow of $1.494 billion on September 30, 2017. That was up from $1.271 billion in September 2016 and $1.116 billion in September 2015.

More importantly, cash from operations has grown dramatically at Discover. The company reported $4.876 billion in September 2017, up from $4.177 billion in September 2016. It also managed to make a lot of money from financing $4.276 billion in September 2017.