Charles Schwab Corporation: Dividend History and Outlook

SCHW Dividends: Current Yield and Historical Performance

Charles Schwab Corporation (SCHW) is a leading provider of financial products and services. The company has a long history of paying dividends to its shareholders, with an annual dividend per share of $1.58. This translates to a current yield of 1.58%.

Historically, SCHW has consistently increased its dividend per share. Over the past five years, the company has increased its dividend by an average of 10% per year.

Dividend Metrics and Investment Strategy

In addition to its current yield and historical growth rate, investors should also consider other dividend metrics when evaluating SCHW as an investment. These metrics include:

• Payout ratio: The payout ratio measures the percentage of a company's earnings that it pays out in dividends. A high payout ratio can be a sign that a company is not able to retain enough earnings to support future growth.
• Dividend frequency: The dividend frequency refers to how often a company pays dividends. Most companies pay dividends quarterly, but some companies pay dividends monthly or annually.
• Dividend yield: The dividend yield is calculated by dividing the annual dividend per share by the current stock price. The dividend yield can be used to compare the dividend income of different companies.

Investors should consider all of these factors when evaluating SCHW as an investment. SCHW's strong dividend history and commitment to increasing its dividend make it an attractive option for income-oriented investors.

Recent Dividend Announcement

On April 24, 2024, SCHW announced a quarterly dividend of $0.39 per share. This dividend is payable on May 9, 2024, to shareholders of record as of April 28, 2024.

This dividend increase marks the ninth consecutive year that SCHW has increased its dividend. The company's strong financial performance and commitment to its shareholders make it likely that SCHW will continue to increase its dividend in the years to come.