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
vs. Financial Services sector
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
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
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
| 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.