The Charles Schwab Corporation (SCHW) To Go Ex-Dividend on August 14th

The Charles Schwab Corporation (NYSE:SCHW) declared a quarterly dividend on Thursday, July 23rd. Investors of record on Friday, August 14th will be paid a dividend of 0.32 per share by the financial services provider on Friday, August 28th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, August 14th.

Charles Schwab has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 1 years. Charles Schwab has a payout ratio of 25.1% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Charles Schwab to earn $7.83 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 16.3%.

Charles Schwab Stock Performance

NYSE SCHW opened at $107.65 on Wednesday. The stock has a market capitalization of $187.21 billion, a price-to-earnings ratio of 19.57, a PEG ratio of 0.82 and a beta of 0.76. Charles Schwab has a twelve month low of $83.96 and a twelve month high of $109.32. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.48. The stock has a 50-day moving average of $98.07 and a 200 day moving average of $95.69.

Charles Schwab (NYSE:SCHW) last issued its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.06. Charles Schwab had a return on equity of 24.73% and a net margin of 38.79%.The company had revenue of $7.07 billion for the quarter, compared to the consensus estimate of $6.90 billion. During the same quarter in the prior year, the business posted $1.14 earnings per share. Charles Schwab’s revenue for the quarter was up 20.9% on a year-over-year basis. Sell-side analysts anticipate that Charles Schwab will post 6.46 EPS for the current fiscal year.

Trending Headlines about Charles Schwab

Here are the key news stories impacting Charles Schwab this week:

• Positive Sentiment: Schwab’s Trading Activity Index rose modestly in July, while company data showed retail investors were net buyers during market volatility, including purchases of discounted artificial-intelligence stocks. Continued trading and client engagement could support transaction-related revenue and reinforce Schwab’s growth outlook. Schwab Trading Activity Index up modestly in July Schwab retail investor activity
• Neutral Sentiment: Director Paula Sneed sold 5,263 shares, while insider Nigel Murtagh sold a combined 26,675 shares for approximately $2.91 million. Murtagh’s transactions were conducted under a pre-arranged Rule 10b5-1 plan, making the sales less conclusive as a signal of management sentiment, although the activity may encourage some caution. SEC insider trading filing
• Negative Sentiment: Linqto said it is continuing litigation against Forge Global and Schwab and seeking damages and legal-fee reimbursement related to more than 13,000 customers. The claims could create legal, reputational, and financial uncertainty, though liability has not been established. Linqto litigation announcement
• Negative Sentiment: A report highlighted Schwab’s disclosed risks involving client cryptocurrency assets and possible delays in returning assets. The report describes a potential risk rather than evidence of imminent insolvency, but it may weigh on sentiment surrounding custody and operational controls. Schwab crypto-asset risk report

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.