The Charles Schwab Corporation (NYSE:SCHW) Plans Quarterly Dividend of $0.32

The Charles Schwab Corporation (NYSE:SCHW) announced a quarterly dividend on Thursday, July 23rd. Stockholders of record on Friday, August 14th will be paid a dividend of 0.32 per share by the financial services provider on Friday, August 28th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, August 14th.

Charles Schwab has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 1 years. Charles Schwab has a dividend payout ratio of 25.1% meaning its dividend is sufficiently covered by earnings. Research analysts expect Charles Schwab to earn $7.58 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 16.9%.

Charles Schwab Stock Performance

NYSE:SCHW opened at $101.62 on Friday. The stock’s 50-day moving average is $93.71 and its 200-day moving average is $95.35. Charles Schwab has a 1-year low of $83.96 and a 1-year high of $107.50. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.48. The stock has a market cap of $176.73 billion, a P/E ratio of 18.48, a price-to-earnings-growth ratio of 0.83 and a beta of 0.77.

Charles Schwab (NYSE:SCHW) last issued its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.56 by $0.06. Charles Schwab had a net margin of 38.79% and a return on equity of 24.73%. The business had revenue of $7.07 billion during the quarter, compared to analyst estimates of $6.90 billion. During the same quarter last year, the business earned $1.14 EPS. The firm’s quarterly revenue was up 20.9% on a year-over-year basis. Equities research analysts anticipate that Charles Schwab will post 6.34 earnings per share for the current year.

Key Stories Impacting Charles Schwab

Here are the key news stories impacting Charles Schwab this week:

• Positive Sentiment: Barclays and Argus both raised their price targets on SCHW, with Barclays maintaining an overweight rating and Argus keeping a buy rating, signaling Wall Street expects more upside. Article source
• Positive Sentiment: Schwab’s Q2 earnings update was strong, with the company beating estimates, raising full-year guidance, adding 1.4 million brokerage accounts, and highlighting growth from trading activity and AI investments. Article source
• Positive Sentiment: Schwab declared a quarterly dividend of $0.32 per share, reinforcing its income appeal for investors. Article source
• Positive Sentiment: Charles Schwab called the CLARITY Act a “fundamental catalyst,” suggesting the company sees crypto-regulatory progress as a meaningful long-term tailwind for client activity and platform growth. Article source
• Neutral Sentiment: Some coverage noted that SCHW and other brokerage shares slipped after the earnings surge, indicating investors may be taking profits even after the strong quarter. Article source

Charles Schwab Company Profile

Charles Schwab Corporation (NYSE: SCHW) is a diversified financial services firm that provides brokerage, banking, wealth management and advisory services to individual investors, independent investment advisors and institutional clients. Its primary offerings include retail brokerage accounts, online trading platforms, Schwab-branded mutual funds and exchange-traded funds (ETFs), retirement plan services, custodial services for independent Registered Investment Advisors (RIAs), and banking products through Charles Schwab Bank.