Charles Schwab (SCHW) Raises Quarterly Dividend 25% to $0.10; 0.7% Yield
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Charles Schwab (SCHW) Says It's Preparing for Strong 2018, Raises Dividend
January 25, 2018 5:26 PM ESTChairman 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 approximately one third, which reinforces our confidence in making ongoing investments in our business.
President and CEO, Walt Bettinger commented, In 2017,... More
