Schwab Declares Common Stock Dividend and Declares Preferred Stock Dividends | SCHW Stock News

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4 days ago
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  • Charles Schwab Corporation (SCHW, Financial) declares a quarterly dividend of $0.27 per common share.
  • Preferred stock dividends announced for various series, payable in June.
  • Record date for common stock dividend set for May 9, 2025.

The Charles Schwab Corporation (SCHW) has announced the declaration of a regular quarterly cash dividend of $0.27 per common share. This dividend is scheduled for payment on May 23, 2025, to all shareholders recorded by the close of business on May 9, 2025. This strategic move underscores Schwab's ongoing commitment to providing shareholder value.

In addition, Schwab's Board of Directors has also declared dividends for several series of outstanding preferred stock. These payments will be disbursed on June 2, 2025, to shareholders of record as of May 16, 2025. The dividends declared for the various series include:

  • 5.95% Non-Cumulative Perpetual Preferred Stock, Series D: $14.88 per share ($0.372000 per depositary share)
  • 5.00% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F: $2,500.00 per share ($25.000000 per depositary share)
  • 5.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G: $1,343.75 per share ($13.437500 per depositary share)
  • 4.000% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series H: $1,000.00 per share ($10.000000 per depositary share)
  • 4.000% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I: $1,000.00 per share ($10.000000 per depositary share)
  • 4.450% Non-Cumulative Perpetual Preferred Stock, Series J: $11.13 per share ($0.278250 per depositary share)
  • 5.000% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series K: $1,250.00 per share ($12.500000 per depositary share)

As a leading provider of financial services, The Charles Schwab Corporation continues to demonstrate strong financial performance and a steadfast commitment to its investors, boasting 37.0 million active brokerage accounts and managing $9.93 trillion in client assets. The company continues to expand its offerings in wealth management, securities brokerage, and banking services.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.