Charles Schwab (SCHW) Raises Quarterly Dividend 11.1% to $0.20; 0.9% Yield
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Schwab Declares 11% Increase in Quarterly Common Stock Dividend and Declares Preferred Stock Dividends
January 26, 2022 4:51 PM ESTWESTLAKE, Texas--(BUSINESS WIRE)-- The Board of Directors of The Charles Schwab Corporation at its meeting today declared a 2 cent, or 11%, increase in the regular quarterly cash dividend to $0.20 per common share. The dividend is payable February 25, 2022 to stockholders of record as of the close of business on February 11, 2022.
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 also declared dividends on the following series of outstanding preferred stock, payable... More
