The Charles Schwab Corporation (NYSE:SCHW) Announces Dividend Increase – $0.32 Per Share

The Charles Schwab Corporation (NYSE:SCHW) declared a quarterly dividend on Thursday, January 29th. Stockholders of record on Friday, February 13th will be given a dividend of 0.32 per share by the financial services provider on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, February 13th. This is a 18.5% increase from Charles Schwab’s previous quarterly dividend of $0.27.

Charles Schwab has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 1 consecutive years. Charles Schwab has a dividend payout ratio of 21.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Charles Schwab to earn $5.21 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 20.7%.

Charles Schwab Stock Down 0.0%

SCHW traded down $0.02 during trading hours on Friday, hitting $103.45. 2,384,512 shares of the company’s stock were exchanged, compared to its average volume of 8,812,061. The firm has a market cap of $183.82 billion, a P/E ratio of 22.21, a price-to-earnings-growth ratio of 0.84 and a beta of 0.94. Charles Schwab has a 12-month low of $65.88 and a 12-month high of $105.81. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.47. The firm has a 50 day moving average of $98.76 and a 200 day moving average of $96.18.

Charles Schwab (NYSE:SCHW) last posted its quarterly earnings results on Wednesday, January 21st. The financial services provider reported $1.39 EPS for the quarter, topping the consensus estimate of $1.32 by $0.07. The business had revenue of $6.34 billion during the quarter, compared to the consensus estimate of $6.19 billion. Charles Schwab had a net margin of 37.01% and a return on equity of 22.07%. The company’s quarterly revenue was up 18.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.01 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Analysts predict that Charles Schwab will post 4.22 EPS for the current fiscal year.

About Charles Schwab

Charles Schwab Corporation (NYSE: SCHW) is a diversified financial services firm that provides brokerage, banking, wealth management and advisory services to individual investors, independent investment advisors and institutional clients. Its primary offerings include retail brokerage accounts, online trading platforms, Schwab-branded mutual funds and exchange-traded funds (ETFs), retirement plan services, custodial services for independent Registered Investment Advisors (RIAs), and banking products through Charles Schwab Bank.