Schwab Declares Preferred Stock Dividend
May 17 2022 - 4:41PM
Business Wire
The Board of Directors of The Charles Schwab Corporation at its
meeting today declared a dividend on the following series of
outstanding preferred stock, payable August 1, 2022, to
stockholders of record as of the close of business on July 15,
2022:
Preferred Stock Series
Dividend Per Share
7.000% Fixed-to-Floating Rate
Non-Cumulative Perpetual Preferred Stock, Series A (in floating
rate period)
Dividend Period: May 1, 2022 - July 31,
2022
$15.60
About Charles Schwab
The Charles Schwab Corporation (NYSE: SCHW) is a leading
provider of financial services, with 33.8 million active brokerage
accounts, 2.3 million corporate retirement plan participants, 1.7
million banking accounts, and approximately $7.28 trillion in
client assets as of April 30, 2022. Through its operating
subsidiaries, the company provides a full range of wealth
management, securities brokerage, banking, asset management,
custody, and financial advisory services to individual investors
and independent investment advisors. Its broker-dealer
subsidiaries, Charles Schwab & Co., Inc., TD Ameritrade, Inc.,
and TD Ameritrade Clearing, Inc., (members SIPC,
https://www.sipc.org), and their affiliates offer a complete range
of investment services and products including an extensive
selection of mutual funds; financial planning and investment
advice; retirement plan and equity compensation plan services;
referrals to independent, fee-based investment advisors; and
custodial, operational and trading support for independent,
fee-based investment advisors through Schwab Advisor Services. Its
primary banking subsidiary, Charles Schwab Bank, SSB (member FDIC
and an Equal Housing Lender), provides banking and lending services
and products. More information is available at
https://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.
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version on businesswire.com: https://www.businesswire.com/news/home/20220517006238/en/
MEDIA: Mayura Hooper Charles Schwab Phone:
415-667-1525
INVESTORS/ANALYSTS: Jeff Edwards Charles Schwab Phone:
415-667-1524
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