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Data last updated: Jul 06, 2026
Dividend Yield: 1.22%
Annual Dividend: $1.18 per share
Payout Ratio: 25.1%
Ex-Dividend Date: 2026-05-08
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 $1.18 per share annually, with dividends distributed quarterly and the next ex-dividend date set for May 8, 2026. The current yield stands at 1.22%. With a beta of 0.773, SCHW stock carries below-market volatility, which suits growth-and-income investors more than pure income seekers chasing yield.
The Charles Schwab Corporation pays out 25.1% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low retention of earnings as dividends means the company keeps the vast majority of profits available for operations across its Investor Services and Advisor Services divisions. The Charles Schwab Corporation dividend safety benefits from this wide earnings cushion, though the company operates in financial services, a sector where earnings 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 dividend grew from $0.24 to $1.08 over that window (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 and 2023 to 2024.
| 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 over time rather than a high starting yield. The current yield of 1.22% is low (below 2%), and it sits above the 5-year average yield of 0.96%, which means today's entry point offers slightly more income than the historical norm. The 11.3% annual dividend growth rate over 14 years is the real draw here. The trade-off is clear: The Charles Schwab Corporation stock delivers meaningful dividend compounding, but investors accept a low current income rate to get it.
| Payment Date | Amount per Share |
|---|---|
| 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 |
| 2024-02-08 | $0.2500 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.6400 |
| 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.