Schwab Declares Common Stock Dividend and Declares Preferred Stock Dividends


The Board of Directors of The Charles Schwab Corporation, at its meeting today, declared a regular quarterly cash dividend of $0.20 per common share. The dividend is payable on May 27, 2022 to shareholders of record at the close of business on May 13, 2022.

In addition, the Board of Directors also declared dividends on the following series of outstanding preferred shares, payable on June 1, 2022 to shareholders of record at the close of business on May 17, 2022:

Preferred Share Series

Dividend by

Share

Dividend by

Depository action

5.95% Non-Cumulative Perpetual Preferred Shares, Series D

Dividend period: March 1, 2022-May 31, 2022

$14.88

$0.372,000

4.625% Fixed to Floating Rate Non-Cumulative Perpetual Preferred Shares, Series E (Floating Rate Period)

Dividend period: March 1, 2022-May 31, 2022

$980.82

$9.808200

5.00% Fixed-Floating Rate Non-Cumulative Perpetual Preferred Shares, Series F

Dividend period: December 1, 2021-May 31, 2022

$2,500.00

$25,000,000

5.375% Perpetual Non-Cumulative Fixed Rate Reset Preferred Shares, Series G

Dividend period: March 1, 2022-May 31, 2022

$1,343.75

$13.437500

4.000% Reset Fixed Rate Non-Cumulative Perpetual Preferred Shares, Series H

Dividend period: March 1, 2022-May 31, 2022

$1,000.00

$10,000,000

4.000% Fixed Rate Reset Non-Cumulative Perpetual Preferred Shares, Series I

Dividend period: March 1, 2022-May 31, 2022

$1,000.00

$10,000,000

4.450% Non-Cumulative Perpetual Preferred Shares, Series J

Dividend period: March 1, 2022-May 31, 2022

$11.13

$0.278250

5.000% Non-Cumulative Fixed Rate Reset Perpetual Preferred Shares, Series K

Dividend period: March 4, 2022-May 31, 2022

$1,208.33

$12.083300

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with 33.6 million active brokerage accounts, 2.2 million corporate pension plan members, 1.6 million bank accounts and approximately $7.86 trillion in client assets. Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, asset management, custodial and financial advisory services to individual investors and investment advisors. independent investment. Its broker-dealer subsidiaries, Charles Schwab & Co., Inc., TD Ameritrade, Inc. and TD Ameritrade Clearing, Inc. (SIPC members, www.sipc.org), and their affiliates provide a full range of investment services and products including a wide selection of mutual funds; financial planning and investment advice; pension plan and equity compensation plan services; referrals to paid independent investment advisers; and custody, operations and trading support for fee-based independent investment advisors through Schwab Advisor Services. Its main banking subsidiary, Charles Schwab Bank, SSB (Member FDIC and Equal Housing Lender), provides banking and lending services and products. More information is available at www.aboutschwab.com.

TD Ameritrade, Inc. and TD Ameritrade Clearing, Inc. are separate but affiliated companies and subsidiaries of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto Dominion Bank.

Source: Charles Schwab Company

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