Charles Schwab declares quarterly dividend of $0.27 per share

WESTLAKE, Texas - The Charles Schwab Corporation (NYSE:SCHW), maintaining its 37-year streak of consistent dividend payments, announced Thursday that its Board of Directors has declared a regular quarterly cash dividend of $0.27 per common share, payable November 28, 2025, to stockholders of record as of November 14, 2025.

The financial services company also declared dividends on several series of its outstanding preferred stock. These preferred stock dividends will be payable December 1, 2025, to stockholders of record as of November 14, 2025.

The preferred stock dividends include $0.37 per depositary share for Series D, $25.00 per depositary share for Series F, $10.00 per depositary share for Series H and Series I, $0.28 per depositary share for Series J, and $12.50 per depositary share for Series K.

Charles Schwab, which currently manages $11.59 trillion in client assets, serves 38.0 million active brokerage accounts, 5.6 million workplace plan participant accounts, and 2.2 million banking accounts.

The dividend announcement was made in a press release issued by the company.

In other recent news, Charles Schwab Corp. reported strong third-quarter 2025 earnings, with an adjusted earnings per share of $1.31, surpassing both Keefe, Bruyette & Woods’ estimate of $1.27 and the consensus forecast of $1.24. The earnings beat was mainly due to higher net interest income and a lower tax rate, despite slightly higher expenses. Following the earnings announcement, several firms adjusted their price targets for Charles Schwab. TD Cowen raised its price target to $134, citing management execution and balance sheet flexibility as positive factors. Goldman Sachs increased its price target to $114 and raised earnings per share estimates for the coming years, driven by strong client engagement and higher client transactional cash. Keefe, Bruyette & Woods also adjusted its price target to $111, highlighting strong September cash growth. Additionally, Raymond James raised its price target to $110, noting Schwab’s improved financial position and growth outlook. Citizens maintained its Market Outperform rating with a $110 price target, emphasizing the company’s attractive valuation and strong earnings growth potential.

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