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 23, 2014 to stockholders of record as of the close of
business on May 9, 2014.
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 2, 2014 to stockholders of record at the close of business
on May 16, 2014.
About Charles Schwab
The Charles Schwab Corporation (NYSE:SCHW) is a leading provider of
financial services, with more than 325 offices and 9.2 million active
brokerage accounts, 1.3 million corporate retirement plan participants,
933,000 banking accounts, and $2.31 trillion in client assets as of
March 31, 2014. 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; 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.
Copyright Business Wire 2014