Business News: Schwab Declares Common Stock Dividend, Declares Preferred Stock Dividends

SAN FRANCISCO, CA (STL.News) – The Board of Directors of The Charles Schwab Corporation at its meeting today declared a regular quarterly cash dividend of $0.17 per common share.  The dividend is payable August 23, 2019 to stockholders of record as of the close of business on August 9, 2019.

In addition, the Board of Directors also 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 September 3, 2019 to stockholders of record at the close of business on August 19, 2019.

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 September 3, 2019 to stockholders of record at the close of business on August 19, 2019.

The Board of Directors of The Charles Schwab Corporation has also declared a regular semi-annual dividend on the outstanding Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series E, in the amount of $2,312.50 per share or $23.125 per depositary share, each representing 1/100th interest in a share of Series E Preferred Stock.  The dividend is payable September 3, 2019 to stockholders of record at the close of business on August 19, 2019.