Bitcoin price today: gains to $120k, near record high on U.S. regulatory cheer
WESTLAKE, Texas - The Charles Schwab Corporation (NYSE: SCHW) announced today that its Board of Directors has declared a regular quarterly cash dividend for its common and preferred stock. The dividend for common shares is set at $0.27 per share, payable to stockholders of record by the close of business on May 9, 2025, with a payment date of May 23, 2025. According to InvestingPro data, Schwab has maintained dividend payments for 37 consecutive years, with the current annual dividend yield standing at 1.39%.
In addition to the common stock dividend, the Board also declared dividends on several series of outstanding preferred stock, all of which are payable on June 2, 2025, to stockholders of record as of May 16, 2025. The preferred stock dividends span various series, from 5.95% Non-Cumulative Perpetual Preferred Stock, Series D, with a dividend per depositary share of $0.372000, to 4.000% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I, with a dividend of $10.000000 per depositary share.
Other series such as the 5.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G, and the 4.450% Non-Cumulative Perpetual Preferred Stock, Series J, will also see dividends paid in accordance with their respective terms. The dividend amounts for these series are based on their respective dividend periods, which run from March 1, 2025, to May 31, 2025.
The Charles Schwab Corporation is a prominent financial services company, offering a wide array of services including wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. With a market capitalization of $144 billion and impressive revenue growth of 10.86% over the last twelve months, the company maintains a strong market position. InvestingPro analysis shows the company trading at a P/E ratio of 24.03, with analysts providing an optimistic outlook for future earnings. The company operates through its subsidiaries, catering to individual investors and independent investment advisors, with a substantial presence in the financial market, as evidenced by its millions of active accounts and trillions in client assets.
This dividend declaration is a reflection of the company’s financial distribution policy and is based on a press release statement from The Charles Schwab Corporation. Investors and stakeholders in the company may view this as a continuation of the firm’s commitment to providing value to its shareholders through regular dividend payments. Based on InvestingPro Fair Value analysis, the stock currently appears slightly undervalued. For deeper insights into Schwab’s financial health and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers, along with 14 additional ProTips and extensive financial metrics.
In other recent news, Charles Schwab Corp. reported first-quarter earnings that exceeded expectations, with an adjusted earnings per share (EPS) of $1.04, surpassing the consensus estimate of $1.01. Keefe Bruyette & Woods raised their price target for the company to $93, citing increased revenues and a lower tax rate as contributing factors. TD Cowen also increased its price target to $95, highlighting the company’s strong management execution and growth dynamics. Meanwhile, Citi maintained a Buy rating with a $102 price target, noting improved Net New Assets growth and potential for increased capital returns in the coming years.
Truist Securities adjusted its outlook by lowering the price target to $84, maintaining a Buy rating despite economic uncertainties. The firm kept its GAAP EPS estimates steady for 2025 and 2026, reflecting confidence in the company’s underlying business strength. JMP Securities maintained a Market Outperform rating with a $94 price target, emphasizing Charles Schwab’s robust performance amid a challenging macroeconomic environment.
These developments indicate that analysts hold a positive outlook on Charles Schwab, with several firms adjusting their price targets and maintaining favorable ratings based on the company’s recent financial performance and strategic initiatives.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.