The Charles Schwab Corporation
SCHWFinancial Services · Stock · quarterly payer
Forward Yield
1.22%
Annual Dividend
$1.28
Payout Ratio
21%
5-Yr Growth
8.4%
Ex-Date
Aug 14, 2026
Frequency
Quarterly
Summary
As of September 2026, The Charles Schwab Corporation (SCHW) yields 1.22% ($1.28 per share annually), with a blended fair-value estimate of $148.95 — +42% upside, so it screens as undervalued. Dividend safety grade: A (95/100). 1 years of dividend growth.
Is SCHW a good dividend stock?
YesThe Charles Schwab Corporation (SCHW) pays a quarterly dividend yielding 1.22% ($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
- 1.22%
- Payout Ratio
- 21%
- Annual Dividend
- $1.28
- 5-Yr Avg Growth
- 8.4%
- Ex-Dividend Date
- Aug 14, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 0.75
- Market Cap
- $182.0B
- P/E Ratio
- 19.2
- 5-Yr Total Return
- 28%
- 52-Week Range
- $83.96 – $114.53
- Dividend Safety
- A · 95/100
- Ever Cut?
- No
Frequently Asked Questions
SCHW Price — Last 12 Months
Daily close
Price Return
1 Year
+11%
3 Years
+102%
5 Years
+28%
52-Week Range
$83.96 – $114.53
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SCHW worth?
Undervaluedlow confidenceOur blended fair-value estimate for The Charles Schwab Corporation is $148.95 per share, versus a market price of $105.25. That implies 42% of upside — a margin of safety of about 29%.
Fair Value
$148.95
Current Price
$105.25
Upside
+42%
Margin of Safety
29%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -0.2% annual free-cash-flow growth. We model 16.3% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.1% discount rate (CAPM), 16.3% stage-1 growth, 2.5% terminal growth, $5.49 EPS, $1.28 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SCHW Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | — | $0.3200 | regular |
| May 8, 2026 | — | $0.3200 | regular |
| Feb 13, 2026 | — | $0.3200 | regular |
| Nov 14, 2025 | — | $0.2700 | regular |
| Aug 8, 2025 | — | $0.2700 | regular |
| May 9, 2025 | — | $0.2700 | regular |
| Feb 14, 2025 | — | $0.2700 | regular |
| Nov 8, 2024 | — | $0.2500 | regular |
| Aug 9, 2024 | — | $0.2500 | regular |
| May 9, 2024 | — | $0.2500 | regular |
| Feb 8, 2024 | — | $0.2500 | regular |
| Nov 9, 2023 | — | $0.2500 | regular |
| Aug 10, 2023 | — | $0.2500 | regular |
| May 11, 2023 | — | $0.2500 | regular |
Income Calculator
At $1.28 / yr per share
