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The Charles Schwab Corporation (NYSE:SCHW) Announces Quarterly Dividend of $0.32
The Charles Schwab Corporation (NYSE:SCHW) has declared a quarterly dividend of $0.32 per share, equating to an annualized dividend of $1.28 and a 1.4% yield. The ex-dividend date is May 8th, with payment on May 22nd. The dividend is well-covered by earnings, with a payout ratio of 25.1%, projected to decrease to 18.4% based on future earnings estimates.