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Schwab Board Keeps Quarterly Dividend at $0.32, Payable Nov. 27

Schwab Board Keeps Quarterly Dividend at $0.32, Payable Nov. 27

Photo: TokenPost

The Charles Schwab Corporation’s board declared a $0.32 quarterly cash dividend on common shares Oct. 22, keeping the payout unchanged and scheduling payment for Nov. 27. Common shareholders must be on the company’s books at the close of business Nov. 13 to receive the payment. The $0.32 rate matches the amounts declared in April and July. In January, the board raised the quarterly dividend from $0.27 to $0.32 per share, an increase of $0.05, or 19%. The board also declared dividends on six preferred-stock series, payable Dec. 1 to holders of record Nov. 16.

Source: TokenPost

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