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Data last updated: Oct 04, 2026
Snapshot (as of Oct 04, 2026): The Charles Schwab Corporation (SCHW) pays a $1.23 annual dividend ($0.32 quarterly), yielding 1.27% at $96.70/share. Next ex-dividend date 2026-08-14. 17 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 1.27%
Annual Dividend: $1.23 per share
Payout Ratio: 23.8%
Ex-Dividend Date: 2026-08-14
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 38
The Charles Schwab Corporation dividend reflects a business built on brokerage, wealth management, and banking services for both individual investors and independent advisors. SCHW currently pays $1.23 per share annually, distributed quarterly, with the next ex-dividend date on August 14, 2026. The current yield stands at 1.17%. With a beta of 0.753, SCHW stock moves less than the broader market, which suits growth-and-income investors who prioritize dividend expansion over immediate yield.
The Charles Schwab Corporation pays out 23.8% of earnings as dividends, a payout ratio classified as conservative (below 40%). That level of earnings retention gives SCHW substantial room to maintain the dividend even if profits dip, supported by a diversified business spanning brokerage accounts, banking products, and custodial services across both retail and advisor channels. The Charles Schwab Corporation dividend safety faces its most credible pressure from the cyclical nature of capital markets activity, where trading volumes and asset-based fees can contract during market downturns.
The Charles Schwab Corporation dividend history shows a CAGR of 11.3% per year from 2011 to 2025. Per-share payments grew from $0.24 to $1.08 over that window (2026 data is partial and excluded from this calculation). The largest annual increase in the window was 47.8% in 2019, while growth paused entirely across 2012 through 2015, when the annual dividend held flat at $0.24 for four consecutive years.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +8.7% | $0.84 (2022) | $1.08 (2025) |
| 5-Year | +8.4% | $0.72 (2020) | $1.08 (2025) |
| 10-Year | +16.2% | $0.24 (2015) | $1.08 (2025) |
SCHW fits growth-and-income investors who want dividend expansion from a diversified financial services business rather than a high current yield. The yield is low (below 2%) at 1.17%, and that figure sits above the 5-year average of 0.88%, so the current entry point offers slightly more income than the historical norm. The 23.8% payout ratio means the dividend is not stretched. The trade-off is straightforward: investors get an 11.3% annualized growth rate over 14 years and 17 consecutive years of increases, but they accept a yield that delivers modest current income.
| Payment Date | Amount per Share |
|---|---|
| 2026-08-14 | $0.3200 |
| 2026-05-08 | $0.3200 |
| 2026-02-13 | $0.3200 |
| 2025-11-14 | $0.2700 |
| 2025-08-08 | $0.2700 |
| 2025-05-09 | $0.2700 |
| 2025-02-14 | $0.2700 |
| 2024-11-08 | $0.2500 |
| 2024-08-09 | $0.2500 |
| 2024-05-09 | $0.2500 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.9600 |
| 2025 | $1.0800 |
| 2024 | $1.0000 |
| 2023 | $1.0000 |
| 2022 | $0.8400 |
Project income from SCHW with the SCHW dividend calculator or track your full portfolio with the dividend tracker.