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SCHW Schwab Charles dividend history, payout ratio & dates

Schwab Charles's latest dividend was on Aug 9, 2024 (ex-date) with a payout of $0.25 per share. On an annualized basis, the company has a current payout of $1 per share. This brings the dividend yield to 1.39% based on its recent close price.

Key dates

  • SCHW last dividend date: Aug 9, 2024
SCHW dividend stats
DPS
$1
Dividend yield
1.4%
Payout ratio
41.3%
vs. Financial Services sector
Dividend yield
2.78%
Payout ratio
43.2%

Dividend yield

What is Schwab Charles current dividend yield

Schwab Charles's dividend yield of 1.39% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.78%, Schwab Charles's dividend yield is 50% lower. The current dividend yield is similar to the historical average of 1.4% of the last 5 years.

Dividend history

What is SCHW dividend payout history and dates

Schwab Charles has been paying dividends since 1994. SCHW has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 3.1% since twelve months ago. But with the price of the stock up by 43% from a year ago, the dividend yield has a decrease of 28%.

Recent dividends

Ex-date Amount Yield (TTM)
Aug 9, 2024 $0.25 1.6%
May 9, 2024 $0.25 1.33%
Feb 8, 2024 $0.25 1.6%
Nov 9, 2023 $0.25 1.85%
Aug 10, 2023 $0.25 1.5%
May 11, 2023 $0.25 1.97%
Feb 9, 2023 $0.25 1.12%
Nov 9, 2022 $0.22 1.07%
Aug 11, 2022 $0.22 1.1%
May 12, 2022 $0.2 1.17%
Feb 10, 2022 $0.2 0.8%
Nov 10, 2021 $0.18 0.89%
Aug 12, 2021 $0.18 0.95%
May 13, 2021 $0.18 1.02%
Feb 11, 2021 $0.18 1.29%
Nov 12, 2020 $0.18 1.61%
Aug 6, 2020 $0.18 2.14%
May 7, 2020 $0.18 1.99%
Feb 13, 2020 $0.18 1.46%
Nov 7, 2019 $0.17 1.56%
Aug 8, 2019 $0.17 1.71%
May 14, 2019 $0.17 1.35%
Feb 13, 2019 $0.17 1.15%
Nov 8, 2018 $0.13 0.95%
Aug 9, 2018 $0.13 0.81%
May 10, 2018 $0.1 0.61%
Feb 8, 2018 $0.1 0.7%
Nov 9, 2017 $0.08 0.73%
Aug 9, 2017 $0.08 0.74%
May 10, 2017 $0.08 0.75%
Feb 8, 2017 $0.08 0.74%
Nov 9, 2016 $0.07 0.8%
Aug 10, 2016 $0.07 0.88%
May 11, 2016 $0.07 0.9%
Feb 10, 2016 $0.06 1.06%
Nov 4, 2015 $0.06 0.76%
Aug 5, 2015 $0.06 0.68%
May 6, 2015 $0.06 0.77%
Feb 5, 2015 $0.06 0.86%

Schwab Charles dividend payout ratio

What is Schwab Charles dividend payout ratio compared to the sector

Payout ratio

Schwab Charles's payout ratio of 41.3% is above the industry and its peers average but below the Financial Services sector average. But compared to its Financial Services sector average of 43.2%, Schwab Charles's payout ratio is only 4.4% lower.

Total amount of dividends paid per financial year (from cash flow)

SCHW dividend vs peer dividends

How does SCHW dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MS Morgan Stanley 2.94% $3.48 56.5%
BAC Bank Of America Corp 2.3% $0.98 35.3%
SF Stifel Financial Corp 1.54% $1.62 32.5%
SCHW Schwab Charles Corp 1.4% $1 41.3%
RJF Raymond James Financial Inc 1.21% $1.8 19.8%
IBKR Interactive Brokers Group Inc 0.45% $0.7 11%

Frequently asked questions

Does Schwab Charles pay a dividend?

Yes, Schwab Charles has been paying dividends for the last 30 years.

When was SCHW's last dividend?

Schwab Charles's last dividend ex-date was on Aug 9, 2024. The dividend amount was $0.25 per share.

How much dividend does Schwab Charles pay (per share)?

On an annual basis SCHW pays $1 per share.

What is Schwab Charles's dividend yield?

Schwab Charles's current dividend yield is 1.39%.

How often does Schwab Charles pay dividends?

Schwab Charles pays four dividends per year.

What is Schwab Charles's dividend payout ratio?

Schwab Charles's dividend payout ratio is 41.3%.

Does Schwab Charles pay a good dividend?

Schwab Charles's dividend yield is below the Financial Services sector average.

Special dividends are included in TTM DPS and yield. Data from and Sharadar.