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Data last updated: Aug 20, 2026
Snapshot (as of Aug 20, 2026): The Charles Schwab Corporation (SCHW) pays a $1.23 annual dividend ($0.32 quarterly), yielding 1.11% at $110.88/share. Next ex-dividend date 2026-08-14. 17 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 1.11%
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 1.11%. With a beta of 0.75, SCHW stock carries below-average market volatility, which suits growth-and-income investors who can accept a low current yield in exchange for a faster-growing payout.
The Charles Schwab Corporation pays out 23.8% of earnings as dividends, a payout ratio classified as conservative (below 40%). That leaves substantial earnings retained within the business, which spans brokerage accounts, banking products, and custodial services across both retail and advisor-facing segments. The Charles Schwab Corporation dividend safety benefits from this wide earnings cushion, though the company operates in financial services, a sector where revenue can be sensitive to interest rate shifts and market activity levels.
The Charles Schwab Corporation dividend history shows a CAGR of 11.3% per year from 2011 to 2025. The per-share payout grew from $0.24 to $1.08 over that period (2026 data is partial and excluded from the CAGR calculation). The largest annual increase in the window was 47.8% in 2019, while the dividend held flat across multiple years, including 2012 through 2015 and again in 2020 to 2021, showing that growth has not been linear.
| 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 prioritize dividend growth over current yield, and the data supports that framing clearly. The yield is low (below 2%) at 1.11%, sitting above the 5-year average of 0.84%, which means today's entry point offers slightly more income than the historical norm. The 11.3% annualized growth rate over 14 years is the real draw here, not the current payout level. Seventeen consecutive years of dividend increases back that growth orientation. The trade-off is straightforward: income today is modest, but the payout has compounded at a rate that rewards patience.
| 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.