Schwab Declares Preferred Stock Dividend
May 16 2017 - 7:15PM
Business Wire
The Board of Directors of The Charles Schwab Corporation has
declared a semi-annual dividend on the outstanding
Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock,
Series A in the amount of $35 per share. The dividend is payable
August 1, 2017, to stockholders of record at the close of business
on July 17, 2017.
About Charles Schwab
The Charles Schwab Corporation (NYSE:SCHW) is a leading provider
of financial services, with more than 335 offices and 10.4
million active brokerage accounts, 1.5 million corporate retirement
plan participants, 1.1 million banking accounts, and
$2.95 trillion in client assets as of April 30, 2017. Through its
operating subsidiaries, the company provides a full range of wealth
management, securities brokerage, banking, money management,
custody, and financial advisory services to individual investors
and independent investment advisors. Its broker-dealer subsidiary,
Charles Schwab & Co., Inc. (member SIPC, www.sipc.org), and
affiliates offer a complete range of investment services and
products including an extensive selection of mutual funds;
financial planning and investment advice; retirement plan and
equity compensation plan services; referrals to independent
fee-based investment advisors; and custodial, operational and
trading support for independent, fee-based investment advisors
through Schwab Advisor Services. Its banking subsidiary, Charles
Schwab Bank (member FDIC and an Equal Housing Lender), provides
banking and lending services and products. More information is
available at www.schwab.com and www.aboutschwab.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170516006815/en/
MEDIA:Charles SchwabJoe Carberry,
415-667-1677orINVESTORS/ANALYSTS:Charles SchwabRich Fowler,
415-667-1841
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