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 1.59% based on its recent close price.
Schwab Charles's dividend yield of 1.59% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 3%, Schwab Charles's dividend yield is 47% lower. The current dividend yield is above the historical average of 1.4% of the last 5 years.
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 8% from a year ago, the dividend yield has a decrease of 4.5%.
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's payout ratio of 41.3% is above the industry and its peers average but below the Financial Services sector average. Compared to its Financial Services sector average of 43.7%, Schwab Charles's payout ratio is 5% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
MS Morgan Stanley | 3.6% | $3.48 | 56.5% |
BAC Bank Of America Corp | 2.53% | $0.98 | 34.1% |
SF Stifel Financial Corp | 1.94% | $1.62 | 32.5% |
SCHW Schwab Charles Corp | 1.59% | $1 | 41.3% |
RJF Raymond James Financial Inc | 1.54% | $1.77 | 19.5% |
Yes, Schwab Charles has been paying dividends for the last 30 years.
Schwab Charles's last dividend ex-date was on Aug 9, 2024. The dividend amount was $0.25 per share.
On an annual basis SCHW pays $1 per share.
Schwab Charles's current dividend yield is 1.59%.
Schwab Charles pays four dividends per year.
Schwab Charles's dividend payout ratio is 41.3%.
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.