The Charles Schwab Corporation (SCHW)
The Charles Schwab Corporation (SCHW) is a financial services company offering brokerage, banking, and investment advisory services. Founded in 1971, it is known for its innovative approach to investment management and its focus on providing low-cost trading and investment solutions to individual investors and financial professionals. Schwab is a leading player in the brokerage industry, with a broad range of products including stocks, bonds, mutual funds, and retirement accounts.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| August 22, 2025 | $0.27 | 2025-08-08 | 2025-08-08 |
| May 23, 2025 | $0.27 | 2025-05-09 | 2025-05-09 |
| February 28, 2025 | $0.27 | 2025-02-14 | 2025-02-14 |
| November 22, 2024 | $0.25 | 2024-11-08 | 2024-11-08 |
| August 23, 2024 | $0.25 | 2024-08-09 | 2024-08-09 |
Dividends Summary
- The Charles Schwab Corporation has issued 81 dividend payments over the past 20 years
- The most recent dividend was paid 61 days ago, on August 22, 2025
- The highest dividend payed out to investors during this period was $1.00 per share
- The average dividend paid during this period was $0.12 per share.
Company News
Charles Schwab reported impressive Q3 earnings with 70% year-over-year earnings growth, beating analyst estimates. The company saw record client assets of $11.6 trillion and strong revenue increases across multiple business segments.
FINRA voted to overhaul the Pattern Day Trading (PDT) rule, potentially removing the $25,000 minimum account balance requirement for same-day trades. This change could boost retail trading volumes and benefit certain brokerages and trading platforms.
Robinhood has experienced significant growth, expanding from 22 million to 26.5 million customers, with total platform assets growing from $100 billion to $300 billion. Despite market fluctuations, the company has turned profitable and shows potential in financial services, though future stock performance may be constrained by market conditions.
SP Funds announced the launch of 5 Exchange Traded Funds and 6 Target Date Funds on Charles Schwab's investment platform, offering socially responsible and Sharia-compliant investment solutions for ethical investors.
Bank of America, Morgan Stanley, and Schwab reported earnings that topped analyst estimates. Bank of America's stock rose, while Morgan Stanley and Schwab fell in premarket trades despite topping projections. The updates come on the heels of favorable deal-making and market activity reported by other big banks.
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