Charles Schwab (SCHW) Raises Quarterly Dividend 25% to $0.10; 0.7% Yield

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The Charles Schwab Corporation Anticipates Economic Strength in 2018

January 25, 2018 5:24 PM EST

Company Declares Increase in Quarterly Common Stock Dividend and Declares Preferred Stock Dividends

SAN FRANCISCO--(BUSINESS WIRE)-- Chairman of the Board, Charles R. Schwab commented today, With the global economy already on a positive path, the recent tax reform enacted by Congress and signed into law in late 2017 provided new fuel for economic growth in 2018 and we expect it to be a stimulus for the market as investors anticipate the positive impact tax reductions will have on U.S. businesses. As just one example, our firm will see a reduction in its tax obligation of... More