The Charles Schwab Corporation (SCHW) Dividend
The Charles Schwab Corporation (SCHW) currently pays a dividend yield of 1.09%, distributing $1.18 per share annually ($0.32 per quarter). The company operates in the Financial Services sector.
SCHW has raised its dividend for 1 consecutive years.
SCHW dividend at a glance
| Dividend Yield | 1.09% |
|---|---|
| Annual Dividend | $1.18 per share |
| Per Payment | $0.32 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | August 8, 2026 |
| Next Payment Date | August 29, 2026 |
| Payout Ratio | 21% |
| Consecutive Years of Dividend Growth | 1 |
| Sector | Financial Services |
| Implied Share Price (from yield) | $108.26 |
What SCHW pays on a $10,000 investment
At a 1.09% yield, $10,000 invested in SCHW generates about $109.00 per year, or roughly $27.25 every quarter. Share counts below use an implied price of $108.26, derived from the $1.18 annual dividend and the 1.09% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 9.2 | $10.90 | $2.73 |
| $5,000 | 46.2 | $54.50 | $13.63 |
| $10,000 | 92.4 | $109.00 | $27.25 |
| $25,000 | 230.9 | $272.50 | $68.13 |
| $100,000 | 923.7 | $1,090.00 | $272.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
SCHW dividend payment schedule
SCHW pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is August 8, 2026, with payment on August 29, 2026. Later rows are projected forward at the same interval and will shift when The Charles Schwab Corporation declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| August 8, 2026 | August 29, 2026 | $0.32 | Confirmed |
| November 8, 2026 | November 29, 2026 | $0.32 | Projected |
| February 8, 2027 | March 1, 2027 | $0.32 | Projected |
| May 8, 2027 | May 29, 2027 | $0.32 | Projected |
To collect a SCHW dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How SCHW's dividend compares
Across the 584 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.75%. SCHW's 1.09% is 2.67 percentage points below that median, ranking 476th of 584 by yield.
Within Financial Services, where we track 102 names, the median yield is 9.22% — putting SCHW below its sector.
Its 1-year run of dividend increases ranks 343rd out of the 354 names in our data with an active growth streak.
What the numbers mean
SCHW pays out roughly 21% of its earnings as dividends. That is a conservative payout ratio, leaving substantial room to keep raising the dividend or absorb a weak year.
Like most US dividend payers, SCHW distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
SCHW dividend FAQ
When is the next SCHW ex-dividend date?
The next SCHW ex-dividend date is August 8, 2026, with the payment scheduled for August 29, 2026. You must own shares before the ex-dividend date to receive that payment.
What is SCHW's dividend yield?
SCHW currently yields 1.09%, based on $1.18 in dividends per share over the past year.
How often does SCHW pay dividends?
SCHW pays quarterly, which works out to 4 payments per year of about $0.32 per share.
How much dividend income would $10,000 of SCHW generate?
At the current 1.09% yield, $10,000 invested in SCHW would produce roughly $109.00 per year, or about $27.25 per quarter, before taxes and assuming the dividend holds.
Has SCHW increased its dividend?
Yes — SCHW has raised its dividend for 1 consecutive years.
Related dividend stocks
Other Financial Services dividend payers
- LFGY — YieldMax Crypto Industry & Tech Portfolio Option Income ETF dividend (84.66%)
- BLOX — Nicholas Crypto Income ETF dividend (49.81%)
- CEPI — REX Crypto Equity Premium Income ETF dividend (45.01%)
- CCIF — Carlyle Credit Income Fund dividend (36.90%)
- ECC — Eagle Point Credit Company dividend (35.37%)
- OXSQ — Oxford Square Capital Corp. dividend (28.00%)
- PNNT — PennantPark Investment Corporation dividend (27.51%)
- OXLC — Oxford Lane Capital dividend (26.12%)
Similar yields to SCHW
- FLS — Flowserve Corporation dividend (1.09%)
- BBMC — JPMorgan BetaBuilders U.S. Mid Cap Equity ETF dividend (1.10%)
- CSX — CSX Corp dividend (1.10%)
- SPHQ — Invesco S&P 500 Quality ETF dividend (1.08%)
- TJX — The TJX Companies, Inc. dividend (1.10%)
- VRSN — VeriSign, Inc. dividend (1.08%)
Track SCHW dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.