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SCHW Schwab Charles dividend history, payout ratio & dates

Schwab Charles's latest quarterly dividend was on Aug 11, 2022 (ex-date) with a payout of $0.22 per share. On an annualized basis, the company has a current payout of $0.8 per share. This brings the dividend yield to 1.1% based on its recent close price. The latest dividend has an increase of $0.02, or 10% from the prior distribution.

Key dates

  • SCHW last dividend date: Aug 11, 2022
  • SCHW next dividend date: Not announced
SCHW dividend stats
DPS
$0.8
Dividend yield
1.1%
Payout ratio
26.2%
vs. Financial Services sector
Dividend yield
2.93%
Payout ratio
30.1%

Dividend yield

What is Schwab Charles current dividend yield

Schwab Charles's dividend yield of 1.1% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.93%, Schwab Charles's dividend yield is 62% lower. The current dividend yield is below the historical average of 1.2% 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 11% since twelve months ago. And with the price of the stock down by 3.6% from a year ago, the dividend yield has an increase of 15%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Aug 11, 2022 Aug 26, 2022 Jul 27, 2022 $0.22 normal
May 12, 2022 May 27, 2022 Apr 27, 2022 $0.2 normal
Feb 10, 2022 Feb 25, 2022 Jan 26, 2022 $0.2 normal
Nov 10, 2021 Nov 26, 2021 Oct 26, 2021 $0.18 normal
Aug 12, 2021 Aug 27, 2021 Jul 21, 2021 $0.18 normal
May 13, 2021 May 28, 2021 Apr 27, 2021 $0.18 normal
Feb 11, 2021 Feb 26, 2021 Jan 27, 2021 $0.18 normal
Nov 12, 2020 Nov 27, 2020 Oct 22, 2020 $0.18 normal
Aug 6, 2020 Aug 28, 2020 Jul 23, 2020 $0.18 normal
May 7, 2020 May 22, 2020 Apr 22, 2020 $0.18 normal
Feb 13, 2020 Feb 28, 2020 Jan 29, 2020 $0.18 normal
Nov 7, 2019 Nov 22, 2019 Oct 23, 2019 $0.17 normal
Aug 8, 2019 Aug 23, 2019 Jul 24, 2019 $0.17 normal
May 14, 2019 May 29, 2019 Apr 30, 2019 $0.17 normal
Feb 13, 2019 Feb 28, 2019 Jan 30, 2019 $0.17 normal
Nov 8, 2018 Nov 23, 2018 Oct 25, 2018 $0.13 normal
Aug 9, 2018 Aug 24, 2018 Jul 25, 2018 $0.13 normal
May 10, 2018 May 25, 2018 Apr 19, 2018 $0.1 normal
Feb 8, 2018 Feb 23, 2018 Jan 25, 2018 $0.1 normal
Nov 9, 2017 Nov 24, 2017 Oct 19, 2017 $0.08 normal
Aug 9, 2017 Aug 25, 2017 Jul 20, 2017 $0.08 normal
May 10, 2017 May 26, 2017 Apr 20, 2017 $0.08 normal
Feb 8, 2017 Feb 24, 2017 Jan 26, 2017 $0.08 normal
Nov 9, 2016 Nov 28, 2016 Oct 20, 2016 $0.07 normal
Aug 10, 2016 Aug 26, 2016 Jul 21, 2016 $0.07 normal
May 11, 2016 May 27, 2016 Apr 21, 2016 $0.07 normal
Feb 10, 2016 Feb 26, 2016 Jan 28, 2016 $0.06 normal
Nov 4, 2015 Nov 20, 2015 Oct 22, 2015 $0.06 normal
Aug 5, 2015 Aug 21, 2015 Jul 23, 2015 $0.06 normal

Schwab Charles dividend payout ratio

What is Schwab Charles dividend payout ratio compared to the sector

Payout ratio

Schwab Charles's payout ratio of 26.2% is above the industry and its peers average but below the Financial Services sector average. Compared to its Financial Services sector average of 30.1%, Schwab Charles's payout ratio is 13% 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 3.6% $2.88 38.3%
BAC Bank Of America Corp 2.77% $0.85 26.3%
SF Stifel Financial Corp 2.02% $1.05 15.1%
RJF Raymond James Financial Inc 1.3% $1.28 17.8%
SCHW Schwab Charles Corp 1.1% $0.8 26.2%

Frequently asked questions

Does Schwab Charles pay a dividend?

Yes, Schwab Charles has been paying dividends for the last 28 years.

When is Schwab Charles's next dividend?

At this point we don't have a record of SCHW's next dividend date, but based on the current dividend schedule we project that it will likely be in November 2022.

When was SCHW's last dividend?

Schwab Charles's last dividend ex-date was on Aug 11, 2022. The dividend amount was $0.22 per share.

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

On an annual basis SCHW pays $0.8 per share.

What is Schwab Charles's dividend yield?

Schwab Charles's current dividend yield is 1.1%.

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 26.2%.

Does Schwab Charles pay a good dividend?

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