- Charles Schwab (NYSE:SCHW) declares $0.22/share quarterly dividend, 10% increase from prior dividend of $0.20.
- Forward yield 1.41%
- Payable Aug. 26; for shareholders of record Aug. 12; ex-div Aug. 11.
- The board also authorized a $15B stock buyback plan. The program previously had $1.8B of share repurchases remaining under a prior authorization. The board's decision has replaced this authorization with approval to repurchase a total of $15B of common stock. For the quarter ended June 30, 2022 the company had 1.904 billion weighted-average common and common equivalent shares outstanding.
- See SCHW Dividend Scorecard, Yield Chart, & Dividend Growth.