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Dividend Information

Current Dividend Yield and Payment Schedule

Charles Schwab Corporation (SCHW) has an annual dividend of $1.00 per share, resulting in a dividend yield of 1.58%. The dividend is paid every three months, with the next ex-dividend date approaching in 7 days. The company's most recent quarterly dividend payment of $0.25 per share was made to shareholders on May 24, 2024, and the next payment is expected in 21 days.

Historical Dividend Performance

Schwab has a strong history of dividend payments and increases. Over the past 10 years, the company has consistently paid dividends, and it has increased its dividend amount several times. This makes SCHW an attractive option for investors seeking income from their investments.

Brokerage Services and Products

Charles Schwab's broker-dealer subsidiary, Charles Schwab & Co. Inc., provides a wide range of investment services and products, including Schwab brokerage accounts. These accounts offer investors access to a variety of investment options, including stocks, bonds, mutual funds, and ETFs. Schwab also offers research tools, investment guidance, and other services to help investors make informed investment decisions.

Conclusion

Charles Schwab Corporation is a leading financial services company with a strong track record of dividend payments and a wide range of brokerage services and products. Investors seeking income and access to investment options may find SCHW to be a compelling investment choice.