SCHW Schwab Charles dividend history, payout ratio & dates
Schwab Charles's latest dividend was on Nov 8, 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 1.24% based on its recent close price.
Key dates
- SCHW last dividend date: Nov 8, 2024
SCHW dividend stats
vs. Financial Services sector
Dividend yield
Schwab Charles's dividend yield of 1.24% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.58%, Schwab Charles's dividend yield is 52% lower. The current dividend yield is below 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 remained the same since twelve months ago. But with the price of the stock up by 44% from a year ago, the dividend yield has a decrease of 31%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 8, 2024 | $0.25 | 1.35% |
| 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 38.9% is above the industry and its peers average but below the Financial Services sector average. Compared to its Financial Services sector average of 44%, Schwab Charles's payout ratio is 12% 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 | 2.63% | $3.55 | 53.2% |
| BAC Bank Of America Corp | 2.11% | $0.98 | 35.3% |
| SF Stifel Financial Corp | 1.41% | $1.62 | 27.6% |
| SCHW Schwab Charles Corp | 1.24% | $1 | 38.9% |
| RJF Raymond James Financial Inc | 1.1% | $1.8 | 19.8% |
| IBKR Interactive Brokers Group Inc | 0.37% | $0.7 | 10.8% |
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 Nov 8, 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 1.24%.
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 38.9%.
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.