Schwab Raises Quarterly Dividend by 11%
January 26 2022 - 5:47PM
Dow Jones News
By Stephen Nakrosis
Charles Schwab Corp. on Wednesday said its board raised the
quarterly cash dividend by 2 cents, or 11%
The new dividend of 20 cents a share will be payable on Feb. 25
to shareholders of record at the close of business on Feb. 11.
"This dividend increase reflects the board's confidence in our
ability to continue to deliver consistent earnings and cash flow as
we pursue our 'Through Clients' Eyes' strategy," said Charles
Schwab, chairman.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
January 26, 2022 17:32 ET (22:32 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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