The Board of Directors of The Charles Schwab Corporation at its meeting
today declared a regular quarterly cash dividend of $0.10 per common
share. The dividend is payable May 25, 2018 to stockholders of record as
of the close of business on May 11, 2018.
In addition, the Board of Directors of The Charles Schwab Corporation
declared a regular quarterly dividend on the outstanding Fixed Rate
Non-Cumulative Perpetual Preferred Stock, Series C, in the amount of
$15.00 per share or $0.375 per depositary share, each representing
1/40th interest in a share of Series C Preferred Stock. The dividend is
payable June 1, 2018 to stockholders of record at the close of business
on May 17, 2018.
The Board of Directors of The Charles Schwab Corporation has also
declared a regular quarterly dividend on the outstanding Fixed Rate
Non-Cumulative Perpetual Preferred Stock, Series D, in the amount of
$14.88 per share or $0.372 per depositary share, each representing
1/40th interest in a share of Series D Preferred Stock. The dividend is
payable June 1, 2018 to stockholders of record at the close of business
on May 17, 2018.
The Board of Directors of The Charles Schwab Corporation has also
declared a regular semi-annual dividend on the outstanding
Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series
F, in the amount of $2,930.56 per share which covers the period from
October 31, 2017 through May 31, 2018. The dividend equals $29.306 per
depositary share, each representing 1/100th interest in a share of
Series F Preferred Stock. The dividend is payable June 1, 2018 to
stockholders of record at the close of business on May 17, 2018.
About Charles Schwab
The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of
financial services, with more than 345 offices and 11.0 million active
brokerage accounts, 1.6 million corporate retirement plan participants,
1.2 million banking accounts, and $3.31 trillion in client assets as of
March 31, 2018. Through its operating subsidiaries, the company provides
a full range of wealth management, securities brokerage, banking, money
management, custody, and financial advisory services to individual
investors and independent investment advisors. Its broker-dealer
subsidiary, Charles Schwab & Co., Inc. (member SIPC, www.sipc.org),
and affiliates offer a complete range of investment services and
products including an extensive selection of mutual funds; financial
planning and investment advice; retirement plan and equity compensation
plan services; referrals to independent fee-based investment advisors;
and custodial, operational and trading support for independent,
fee-based investment advisors through Schwab Advisor Services. Its
banking subsidiary, Charles Schwab Bank (member FDIC and an Equal
Housing Lender), provides banking and lending services and products.
More information is available at www.schwab.com
and www.aboutschwab.com.
