Charles Schwab (SCHW) Declares $0.08 Quarterly Dividend; 0.7% Yield

Charles Schwab (NYSE: SCHW) declared a quarterly dividend of $0.08 per share, or $0.32 annualized.

The dividend will be payable on November 24, 2017, to stockholders of record on November 10, 2017, with an ex-dividend date of November 8, 2017.

The annual yield on the dividend is 0.7 percent.

In addition, the Board of Directors of The Charles Schwab Corporation declared a regular quarterly dividend on the outstanding Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, in the amount of $15.00 per share or $0.375 per depositary share, each representing 1/40th interest in a share of Series B Preferred Stock. The dividend is payable December 1, 2017 to stockholders of record at the close of business on November 16, 2017.

The Board of Directors of The Charles Schwab Corporation has also declared a regular quarterly dividend on the outstanding Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series C, in the amount of $15.00 per share or $0.375 per depositary share, each representing 1/40th interest in a share of Series C Preferred Stock. The dividend is payable December 1, 2017 to stockholders of record at the close of business on November 16, 2017.

The Board of Directors of The Charles Schwab Corporation has also declared a regular quarterly dividend on the outstanding Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series D, in the amount of $14.88 per share or $0.372 per depositary share, each representing 1/40th interest in a share of Series D Preferred Stock. The dividend is payable December 1, 2017 to stockholders of record at the close of business on November 16, 2017

For a dividend history and other dividend-related data on Charles Schwab (SCHW) click here.

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