Charles Schwab (SCHW) Declares $0.18 Quarterly Dividend; 1% Yield

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Go back to Charles Schwab (SCHW) Declares $0.18 Quarterly Dividend; 1% Yield

Schwab Declares Common Stock Dividend and Declares Preferred Stock Dividends

April 27, 2021 4:52 PM EDT

WESTLAKE, Texas--(BUSINESS WIRE)-- The Board of Directors of The Charles Schwab Corporation at its meeting today declared a regular quarterly cash dividend of $0.18 per common share. The dividend is payable May 28, 2021 to stockholders of record as of the close of business on May 14, 2021.

In addition, the Board of Directors also declared a regular quarterly dividend on the outstanding 6.00% 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 June 1, 2021 to stockholders of record at... More