The Charles Schwab Corporation, together with its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company operates in two segments, Investor Services and Advisor Services. The Investor Services segment provides retail brokerage, investment advisory, banking and trust, retirement plan, and other corporate brokerage services; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; and retail investor and mutual fund clearing services, as well as compliance solutions. The Advisor Services segment offers custodial, trading, banking, and support services; and retirement business and corporate brokerage retirement services. This segment provides brokerage accounts with equity and fixed income, margin lending, options, and futures and forex trading; cash management capabilities comprising third-party certificates of deposit; third-party and proprietary mutual funds; plus mutual fund trading and clearing services; and exchange-traded funds (ETFs), including proprietary and third-party ETFs. It also offers advice solutions, such as managed portfolios of proprietary and third-party mutual funds and ETFs, separately managed accounts, customized personal advice for tailored portfolios, and specialized planning and portfolio management. In addition, this segment provides banking products and services, including checking and savings accounts, first lien residential real estate mortgage loans, home equity lines of credit, and pledged asset lines; and trust services comprising trust custody services, personal trust reporting services, and administrative trustee services. As of December 31, 2021, the Company had approximately 400 domestic branch offices in 48 states and the District of Columbia, as well as locations in Puerto Rico, the United Kingdom, Hong Kong, and Singapore. The Charles Schwab Corporation was incorporated in 1971 and is headquartered in Westlake, Texas.
Charles Schwab Dividend Announcement
• Charles Schwab announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-11-08
• Charles Schwab annual dividend for 2024 was $1.00
• Charles Schwab annual dividend for 2023 was $1.00
• Charles Schwab's trailing twelve-month (TTM) dividend yield is 1.6%
• Charles Schwab's payout ratio for the trailing twelve months (TTM) is 33.22%
• Charles Schwab's dividend growth over the last five years (2018-2023) was 16.80% year
• Charles Schwab's dividend growth over the last ten years (2013-2023) was 15.34% year
Charles Schwab Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-08 | $0.25 | quarterly | 2024-11-22 |
| 2024-08-09 | $0.25 | quarterly | 2024-08-23 |
| 2024-05-09 | $0.25 | quarterly | 2024-05-24 |
| 2024-02-08 | $0.25 | quarterly | 2024-02-23 |
| 2023-11-09 | $0.25 | quarterly | 2023-11-24 |
| 2023-08-10 | $0.25 | quarterly | 2023-08-25 |
| 2023-05-11 | $0.25 | quarterly | 2023-05-26 |
| 2023-02-09 | $0.25 | quarterly | 2023-02-24 |
| 2022-11-09 | $0.22 | quarterly | 2022-11-25 |
| 2022-08-11 | $0.22 | quarterly | 2022-08-26 |
| 2022-05-12 | $0.20 | quarterly | 2022-05-27 |
| 2022-02-10 | $0.20 | quarterly | 2022-02-25 |
| 2021-11-10 | $0.18 | quarterly | 2021-11-26 |
| 2021-08-12 | $0.18 | quarterly | 2021-08-27 |
| 2021-05-13 | $0.18 | quarterly | 2021-05-28 |
| 2021-02-11 | $0.18 | quarterly | 2021-02-26 |
| 2020-11-12 | $0.18 | quarterly | 2020-11-27 |
| 2020-08-06 | $0.18 | quarterly | 2020-08-28 |
| 2020-05-07 | $0.18 | quarterly | 2020-05-22 |
| 2020-02-13 | $0.18 | quarterly | 2020-02-28 |
| 2019-11-07 | $0.17 | quarterly | 2019-11-22 |
| 2019-08-08 | $0.17 | quarterly | 2019-08-23 |
| 2019-05-14 | $0.17 | quarterly | 2019-05-29 |
| 2019-02-13 | $0.17 | quarterly | 2019-02-28 |
| 2018-11-08 | $0.13 | quarterly | 2018-11-23 |
| 2018-08-09 | $0.13 | quarterly | 2018-08-24 |
| 2018-05-10 | $0.10 | quarterly | 2018-05-25 |
| 2018-02-08 | $0.10 | quarterly | 2018-02-23 |
| 2017-11-09 | $0.08 | quarterly | 2017-11-24 |
| 2017-08-09 | $0.08 | quarterly | 2017-08-25 |
| 2017-05-10 | $0.08 | quarterly | 2017-05-26 |
| 2017-02-08 | $0.08 | quarterly | 2017-02-24 |
| 2016-11-09 | $0.07 | quarterly | 2016-11-28 |
| 2016-08-10 | $0.07 | quarterly | 2016-08-26 |
| 2016-05-11 | $0.07 | quarterly | 2016-05-27 |
| 2016-02-10 | $0.06 | quarterly | 2016-02-26 |
| 2015-11-04 | $0.06 | quarterly | 2015-11-20 |
| 2015-08-05 | $0.06 | quarterly | 2015-08-21 |
| 2015-05-06 | $0.06 | quarterly | 2015-05-22 |
| 2015-02-05 | $0.06 | quarterly | 2015-02-20 |
| 2014-11-05 | $0.06 | quarterly | 2014-11-21 |
| 2014-08-06 | $0.06 | quarterly | 2014-08-22 |
| 2014-05-07 | $0.06 | quarterly | 2014-05-23 |
| 2014-02-05 | $0.06 | quarterly | 2014-02-21 |
| 2013-11-06 | $0.06 | quarterly | 2013-11-22 |
| 2013-08-07 | $0.06 | quarterly | 2013-08-23 |
| 2013-05-08 | $0.06 | quarterly | 2013-05-24 |
| 2013-02-06 | $0.06 | quarterly | 2013-02-22 |
Charles Schwab Dividend per year
Charles Schwab Dividend growth
Charles Schwab Dividend Yield
Charles Schwab current trailing twelve-month (TTM) dividend yield is 1.6%. Interested in purchasing Charles Schwab stock? Use our calculator to estimate your expected dividend yield:
Charles Schwab Financial Ratios
P/E ratio27.75
PEG ratio5.62
P/B ratio3.38
ROE12.14%
Payout ratio33.22%
Current ratio11.67
Quick ratio11.67
Cash Ratio2.55
Charles Schwab Dividend FAQ
How much is the next Charles Schwab dividend?
Charles Schwab's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Charles Schwab dividend. The next Charles Schwab dividend will be released in February, May, August, or November.
When is Charles Schwab dividend paid?
Charles Schwab pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Charles Schwab pay?
The specific amount of Charles Schwab dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Charles Schwab's dividend history.
Does Charles Schwab stock pay dividends?
Yes, Charles Schwab does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Charles Schwab's dividend history.
How much dividend does Charles Schwab pay?
Charles Schwab paid $1.0 in 2024, $1.0 in 2023, $0.84 in 2022, $0.72 in 2021, and $0.72 in 2020.
How often does Charles Schwab pay dividends?
Charles Schwab typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Charles Schwab's dividend yield?
The current dividend yield for Charles Schwab is 1.6%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Charles Schwab's exact dividend yield.
When does Charles Schwab go ex dividend?
Charles Schwab's ex-dividend date for the latest dividend was on 2024-11-08. Charles Schwab typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Charles Schwab dividend paid?
Charles Schwab pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Charles Schwab increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Charles Schwab will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Charles Schwab dividend per share?
Charles Schwab paid $1.0 per share in 2024 and $1.0 per share in 2023. The amount of dividend per share that Charles Schwab pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Charles Schwab a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Charles Schwab a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Charles Schwab a dividend stock?
Yes, Charles Schwab is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Charles Schwab a good dividend stock?
Whether Charles Schwab is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Charles Schwab has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Charles Schwab as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Charles Schwab as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Charles Schwab pay dividends monthly?
Charles Schwab typically pays dividends on a quarterly basis.
Does Charles Schwab pay dividends quarterly?
Charles Schwab currently pays dividends on a quarterly basis.
Has Charles Schwab ever paid a dividend?
Yes, Charles Schwab has a history of paying dividends to its shareholders. Charles Schwab is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Charles Schwab dividend stocks?
To buy Charles Schwab you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Charles Schwab stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Charles Schwab stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Charles Schwab pay dividends 2024?
Charles Schwab pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-22. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Charles Schwab increase its dividend in 2024?
Decisions regarding Charles Schwab dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Charles Schwab dividend overview you can look into the above table of dividend history.
How Charles Schwab dividend works?
The Charles Schwab dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Charles Schwab's dividend process works:
1. Determination of Dividend: Charles Schwab's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Charles Schwab publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Charles Schwab distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Charles Schwab are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Charles Schwab's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Charles Schwab publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Charles Schwab distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Charles Schwab are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Charles Schwab dividends paid?
Charles Schwab dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Charles Schwab sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Charles Schwab distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Charles Schwab declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Charles Schwab sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Charles Schwab distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Charles Schwab declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Charles Schwab pay dividends?
Charles Schwab typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Charles Schwab pay dividends?
The general pattern is that Charles Schwab pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Charles Schwab dividend safe?
The safety of Charles Schwab's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Charles Schwab's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Charles Schwab's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Charles Schwab's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Charles Schwab's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.