Schwab Authorizes $4 Billion Stock Repurchase, Declares 31% Increase in Quarterly Common Stock Dividend, and Declares Preferred Stock Dividends

Dateline City:

SAN FRANCISCO

SAN FRANCISCO–(BUSINESS WIRE)–The Board of Directors of The Charles Schwab Corporation at its meeting
today authorized additional repurchases of the company’s common stock
and declared a 4 cent, or 31% increase in the quarterly cash dividend to
$0.17 per common share. The dividend is payable February 28, 2019 to
stockholders of record as of the close of business on February 14, 2019.

Language:

English

Contact:

MEDIA: Mayura HooperCharles SchwabPhone: 415-667-1525 INVESTORS/ANALYSTS: Rich FowlerCharles SchwabPhone: 415-667-1841

Ticker Slug:

Ticker: SCHW Exchange: NYSE

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