Schwab Declares Common Stock Dividend and Declares Preferred Stock Dividends
January 27 2021 - 5:32PM
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 February 26, 2021 to
stockholders of record as of the close of business on February 12,
2021.
In addition, the Board of Directors also declared a regular
quarterly dividend on the outstanding Fixed Rate 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 March 1, 2021 to stockholders of record at the close of
business on February 12, 2021.
The Board of Directors of The Charles Schwab Corporation has
also declared a regular quarterly dividend on the outstanding Fixed
Rate Non-Cumulative Perpetual Preferred Stock, Series D, in the
amount of $14.88 per share or $0.372 per depositary share, each
representing 1/40th interest in a share of Series D Preferred
Stock. The dividend is payable March 1, 2021 to stockholders of
record at the close of business on February 12, 2021.
The Board of Directors of The Charles Schwab Corporation has
also declared a regular semi-annual dividend on the outstanding
Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series E, in
the amount of $2,312.50 per share or $23.125 per depositary share,
each representing 1/100th interest in a share of Series E Preferred
Stock. The dividend is payable March 1, 2021 to stockholders of
record at the close of business on February 12, 2021.
The Board of Directors of The Charles Schwab Corporation has
also declared a regular quarterly dividend on the outstanding Fixed
Rate Non-Cumulative Perpetual Preferred Stock, Series G, in the
amount of $1,343.75 per share or $13.438 per depositary share, each
representing 1/100th interest in a share of Series G Preferred
Stock. The dividend is payable March 1, 2021 to stockholders of
record at the close of business on February 12, 2021.
The Board of Directors of The Charles Schwab Corporation has
also declared a regular quarterly dividend on the outstanding Fixed
Rate Non-Cumulative Perpetual Preferred Stock, Series H, in the
amount of $888.89 per share which covers the period from December
11, 2020 to February 28, 2021. The dividend equals $8.889 per
depositary share, each representing 1/100th interest in a share of
Series H Preferred Stock. The dividend is payable March 1, 2021 to
stockholders of record at the close of business on February 12,
2021.
About Charles Schwab
The Charles Schwab Corporation (NYSE: SCHW) is a leading
provider of financial services, with 29.6 million active brokerage
accounts, 2.1 million corporate retirement plan participants, 1.5
million banking accounts, and approximately $6.69 trillion in
client assets. Through its operating subsidiaries, the company
provides a full range of wealth management, securities brokerage,
banking, asset management, custody, and financial advisory services
to individual investors and independent investment advisors. Its
broker-dealer subsidiaries, Charles Schwab & Co., Inc., TD
Ameritrade, Inc., and TD Ameritrade Clearing, Inc., (members SIPC,
www.sipc.org), and their 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 primary
banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an
Equal Housing Lender), provides banking and lending services and
products. More information is available at www.aboutschwab.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210127005999/en/
MEDIA: Mayura Hooper Charles Schwab Phone:
415-667-1525
INVESTORS/ANALYSTS: Rich Fowler Charles Schwab Phone:
415-667-1841
Charles Schwab (NYSE:SCHW)
Historical Stock Chart
From Mar 2024 to Apr 2024
Charles Schwab (NYSE:SCHW)
Historical Stock Chart
From Apr 2023 to Apr 2024