SmarterDividends
SCHW

Charles Schwab (SCHW) Dividend

The Charles Schwab Corporation · Financial Services · Capital Markets · quarterly payer

$92.88

Fairly valued · -4% Add to Portfolio

As of Nov 5, 2026, Charles Schwab (SCHW) pays a quarterly dividend of $0.32 per share, or $1.28 a year, a 1.37% yield at its $92.88 share price. The next ex-dividend date is Nov 13, 2026, paid Nov 27, 2026. It has a dividend safety grade of A.

Forward Yield

1.37%

Annual Dividend

$1.28

Payout Ratio

21%

5-Yr Growth

8.4%

Ex-Date

Nov 13, 2026

Frequency

Quarterly

Key facts about SCHW's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, The Charles Schwab Corporation (SCHW) has a forward dividend yield of 1.37%, based on an annual dividend of $1.28 per share and a share price of $92.88.
  • As of Nov 5, 2026, SCHW's dividend safety grade from SmarterDividends is A (93 out of 100), which rates the dividend as very safe.
  • SCHW has never cut its regular dividend in the payment history SmarterDividends has on record.
  • SCHW's next ex-dividend date is Nov 13, 2026, with payment on Nov 27, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 5, 2026, SCHW pays out 21% of its trailing 12-month earnings as dividends (its payout ratio).
  • SCHW's dividend has grown at an average rate of 8.4% a year over the past five years.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for SCHW is $88.72 per share, 4% below the $92.88 share price, so SCHW screens as fairly valued.
  • The Charles Schwab Corporation (SCHW) pays its dividend quarterly, 4 times a year.
  • The Charles Schwab Corporation (SCHW) has raised its regular dividend 31 times and cut it 1 time across the 150 payments on record since 1989. Its most recent change was a 18.5% increase to $0.320 per share, going ex-dividend on Feb 13, 2026. The last cut went ex-dividend on Nov 9, 1999.
  • Charles Schwab (SCHW) has declared its first higher dividend of the year in January in 3 of the last 5 years; its most recent raise, 18.5%, was declared on Jan 29, 2026.
Cite this page

SmarterDividends, "SCHW Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/SCHW

Is SCHW a good dividend stock?

Yes

The Charles Schwab Corporation (SCHW) pays a quarterly dividend yielding 1.37% ($1.28/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (21%)
  • Strong 8.4% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
1.37%
Payout Ratio
21%
Annual Dividend
$1.28
5-Yr Avg Growth
8.4%
Ex-Dividend Date
Nov 13, 2026
Years of Growth
1
Frequency
quarterly
Beta
0.75
Market Cap
$160.6B
P/E Ratio
15.9
5-Yr Total Return
14%
52-Week Range
$83.96 – $114.53
Dividend Safety
A · 93/100
Ever Cut?
No

SCHW dividend raises and cuts

The Charles Schwab Corporation (SCHW) has raised its regular dividend 31 times and cut it 1 time across the 150 payments on record since 1989. Its most recent change was a 18.5% increase to $0.320 per share, going ex-dividend on Feb 13, 2026. The last cut went ex-dividend on Nov 9, 1999.

Ex-dateChangeOld → newMove
Feb 13, 2026Raise$0.270 → $0.320+18.5%
Feb 14, 2025Raise$0.250 → $0.270+8.0%
Feb 9, 2023Raise$0.220 → $0.250+13.6%
Aug 11, 2022Raise$0.200 → $0.220+10.0%
Feb 10, 2022Raise$0.180 → $0.200+11.1%
Feb 13, 2020Raise$0.170 → $0.180+5.9%
Feb 13, 2019Raise$0.130 → $0.170+30.8%
Aug 9, 2018Raise$0.100 → $0.130+30.0%
Feb 8, 2018Raise$0.0800 → $0.100+25.0%
Feb 8, 2017Raise$0.0700 → $0.0800+14.3%
May 11, 2016Raise$0.0600 → $0.0700+16.7%
Aug 6, 2008Raise$0.0500 → $0.0600+20.0%
Show all 32 changes since 1990
Ex-dateChangeOld → newMove
Nov 6, 2006Raise$0.0300 → $0.0500+66.7%
May 4, 2006Raise$0.0250 → $0.0300+20.0%
Nov 7, 2005Raise$0.0220 → $0.0250+13.6%
May 5, 2005Raise$0.0200 → $0.0220+10.0%
May 3, 2004Raise$0.0130 → $0.0200+53.8%
Nov 5, 2003Raise$0.0110 → $0.0130+18.2%
Aug 8, 2000Raise$0.0093 → $0.0110+17.9%
Nov 9, 1999Cut$0.0100 → $0.0093−6.7%
Aug 10, 1999Raise$0.0093 → $0.0100+7.1%
Nov 10, 1998Raise$0.0089 → $0.0093+5.0%
Nov 12, 1997Raise$0.0074 → $0.0089+20.0%
Jul 30, 1996Raise$0.0059 → $0.0074+25.0%
Jul 28, 1995Raise$0.0044 → $0.0059+33.3%
Jan 26, 1995Raise$0.0035 → $0.0044+28.6%
Jan 26, 1994Raise$0.0025 → $0.0035+40.0%
Apr 27, 1993Raise$0.0020 → $0.0025+25.0%
Apr 27, 1992Raise$0.0013 → $0.0020+50.0%
Oct 29, 1991Raise$0.0011 → $0.0013+20.1%
Jul 26, 1991Raise$0.0009 → $0.0011+24.9%
Oct 26, 1990Raise$0.0007 → $0.0009+33.4%
Every SCHW payment →Download every raise and cut (CSV)
SCHW ex-dividend date & scheduleNext ex-date Nov 13, 2026 · full ex-dividend historyView →SCHW dividend historyEvery payment, totals by year, raises and cutsView →SCHW dividend calculator100 shares pay $128.00 a year, $32.00 each quarterCalculate →SCHW total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is SCHW a good dividend stock?

Yes. The Charles Schwab Corporation (SCHW) pays a quarterly dividend yielding 1.37% ($1.28/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is SCHW undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SCHW's fair value is about $88.72 versus a $92.88 share price — so it looks fairly valued (-4% vs. fair value).

Is SCHW's dividend safe?

SCHW has a dividend-safety grade of A (93/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is SCHW's fair value?

Our blended fair-value estimate for SCHW is about $88.72 per share, about 4% below the current $92.88 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is SCHW a buy, hold, or sell?

We don't issue formal ratings, but on the data SCHW screens as "yes" and fairly valued. The Charles Schwab Corporation (SCHW) pays a quarterly dividend yielding 1.37% ($1.28/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will SCHW cut its dividend?

SCHW earns a dividend-safety grade of A (93/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does SCHW pay a dividend?

Yes. The Charles Schwab Corporation pays a quarterly dividend of about $1.28 per share annually, a forward yield of roughly 1.37%.

How much dividend does 100 shares of SCHW pay?

At $1.28 per share a year, 100 shares of SCHW pay $128.00 a year in dividends before tax, about $32.00 each quarter. Buying them costs about $9,288 at the Nov 5, 2026 price.

What is SCHW's dividend yield?

As of Nov 5, 2026, SCHW's forward dividend yield is 1.37%, based on a $1.28 annual dividend and a $92.88 share price.

What is SCHW's dividend per share?

As of Nov 5, 2026, SCHW pays $1.28 per share per year, distributed on a quarterly basis.

What is SCHW's dividend payout ratio?

As of Nov 5, 2026, SCHW's payout ratio is 21% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has SCHW grown its dividend?

As of Nov 5, 2026, SCHW has increased its dividend for 1 consecutive years.

When is the next SCHW ex-dividend date?

As of Nov 5, 2026, the next ex-dividend date on record for SCHW is Nov 13, 2026.

Income Calculator

At $1.28 / yr per share

Per payment (quarterly)$32.00
Annual$128.00
Monthly avg$10.67
Full SCHW dividend calculator →

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