Charles Schwab (SCHW) Raises Quarterly Dividend 30% to $0.13; 1% Yield

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Go back to Charles Schwab (SCHW) Raises Quarterly Dividend 30% to $0.13; 1% Yield

Schwab Declares 30% Increase in Quarterly Common Stock Dividend and Declares Preferred Stock Dividends

July 25, 2018 6:00 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- The Board of Directors of The Charles Schwab Corporation at its meeting today declared a 3 cent, or 30%, increase in the quarterly cash dividend to $0.13 per common share. The dividend is payable August 24, 2018 to stockholders of record as of the close of business on August 10, 2018.

Chairman Charles Schwab commented, This dividend increase reflects the Boards confidence in our ability to continue to deliver consistent earnings and cash flow as we pursue our Through Clients Eyes strategy.

In addition, the Board of Directors of The Charles Schwab Corporation declared a regular quarterly dividend on the... More