Schwab Declares Regular Quarterly Common Stock Dividend and Preferred Stock Dividend
The Board of Directors of The Charles Schwab Corporation has declared a
regular quarterly cash dividend of $0.06 per common share. The dividend
is payable May 24, 2013 to stockholders of record May 10, 2013.
The Board of Directors of The Charles Schwab Corporation has also
declared a regular quarterly dividend on the outstanding Fixed Rate
Non-Cumulative Perpetual Preferred Stock, Series B, in the amount of
$15.00 per share or $0.375 per depositary share, each representing
1/40th interest in a share of Series B Preferred Stock. The dividend is
payable June 1, 2013, to stockholders of record at the close of business
on May 17, 2013.
About Charles Schwab
The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of
financial services, with more than 300 offices and 8.9 million active
brokerage accounts, 1.6 million corporate retirement plan participants,
888,000 banking accounts, and $2.08 trillion in client assets as of
March 31, 2013. Through its operating subsidiaries, the company provides
a full range of securities brokerage, banking, money management and
financial advisory services to individual investors and independent
investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co.,
Inc. (member SIPC,
www.sipc.org),
and 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; compliance and trade monitoring solutions; referrals to
independent fee-based investment advisors; and custodial, operational
and trading support for independent, fee-based investment advisors
through Schwab Advisor Services. Its banking subsidiary, Charles Schwab
Bank (member FDIC and an Equal Housing Lender), provides banking and
lending services and products. More information is available at www.schwab.com
and www.aboutschwab.com.
