Current Yield
1.23%
TTM Dividend/Share
$1.18
Payment Frequency
Quarterly
Payout Ratio
23.4%
Consecutive Growth Years
2
Key takeaways
- Charles Schwab (SCHW) has raised its dividend for 2 consecutive years.
- Charles Schwab (SCHW) currently yields 1.23%, paying $1.18 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 23.4% — the share of earnings distributed as dividends.
- 7 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 8.45% (growth is decelerating).
Dividend yield valuation for Charles Schwab (SCHW)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Below average — potentially overvalued |
Current yield (now) | 1.23% |
1-year average yield | 1.32%now 0.09 pp below |
3-year average yield | 1.60%now 0.37 pp below |
5-year average yield | 1.46%now 0.23 pp below |
SCHW: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for Charles Schwab (SCHW)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 9.7% |
FCF payout ratio | 6.5% |
Net debt / EBITDA | -0.9x |
Interest coverage | 3.46x |
ROIC (TTM) | 14.9% |
Dividend safety score for Charles Schwab (SCHW)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
7 of 8 checks passed
Payout ratio below 75%
Payout ratio is 23.4%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $7.4B — FCF fully covers the payout.
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 2 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 6.5%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is -0.9x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (8.4%) ≤ EPS growth (13.3%) — sustainable.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
150 payments from 1989 to 2026 · Adj. Dividend is split-adjusted
| May 8, 2026 | May 22, 2026 | $0.3200 | $0.3200 |
| Feb 13, 2026 | Feb 27, 2026 | $0.3200 | $0.3200 |
| Nov 14, 2025 | Nov 28, 2025 | $0.2700 | $0.2700 |
| Aug 8, 2025 | Aug 22, 2025 | $0.2700 | $0.2700 |
| May 9, 2025 | May 23, 2025 | $0.2700 | $0.2700 |
| Feb 14, 2025 | Feb 28, 2025 | $0.2700 | $0.2700 |
| Nov 8, 2024 | Nov 22, 2024 | $0.2500 | $0.2500 |
| Aug 9, 2024 | Aug 23, 2024 | $0.2500 | $0.2500 |
| May 9, 2024 | May 24, 2024 | $0.2500 | $0.2500 |
| Feb 8, 2024 | Feb 23, 2024 | $0.2500 | $0.2500 |
| Nov 9, 2023 | Nov 24, 2023 | $0.2500 | $0.2500 |
| Aug 10, 2023 | Aug 25, 2023 | $0.2500 | $0.2500 |
- May 8, 2026$0.3200
- Feb 13, 2026$0.3200
- Nov 14, 2025$0.2700
- Aug 8, 2025$0.2700
- May 9, 2025$0.2700
- Feb 14, 2025$0.2700
- Nov 8, 2024$0.2500
- Aug 9, 2024$0.2500
- May 9, 2024$0.2500
- Feb 8, 2024$0.2500
- Nov 9, 2023$0.2500
- Aug 10, 2023$0.2500
Historical dividend yield for Charles Schwab (SCHW)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 1.32%5Y: 1.46%10Y: 1.39%
Dividend per share for Charles Schwab (SCHW)
CAGR (per year)1Y: 8.00%5Y: 8.45%10Y: 16.23%↓ Decelerating
| Year | Total ($/share) | Payments |
|---|---|---|
| 1989 | $0.00 | 3 |
| 1990 | $0.00 | 4 |
| 1991 | $0.00 | 4 |
| 1992 | $0.01 | 5 |
| 1993 | $0.01 | 4 |
| 1994 | $0.01 | 4 |
| 1995 | $0.02 | 4 |
| 1996 | $0.03 | 4 |
| 1997 | $0.03 | 4 |
| 1998 | $0.04 | 4 |
| 1999 | $0.04 | 4 |
| 2000 | $0.04 | 4 |
| 2001 | $0.04 | 4 |
| 2002 | $0.04 | 4 |
| 2003 | $0.05 | 4 |
| 2004 | $0.07 | 4 |
| 2005 | $0.09 | 4 |
| 2006 | $0.14 | 4 |
| 2007 | $1.20 | 4 |
| 2008 | $0.22 | 4 |
| 2009 | $0.24 | 4 |
| 2010 | $0.24 | 4 |
| 2011 | $0.24 | 4 |
| 2012 | $0.24 | 4 |
| 2013 | $0.24 | 4 |
| 2014 | $0.24 | 4 |
| 2015 | $0.24 | 4 |
| 2016 | $0.27 | 4 |
| 2017 | $0.32 | 4 |
| 2018 | $0.46 | 4 |
| 2019 | $0.68 | 4 |
| 2020 | $0.72 | 4 |
| 2021 | $0.72 | 4 |
| 2022 | $0.84 | 4 |
| 2023 | $1.00 | 4 |
| 2024 | $1.00 | 4 |
| 2025 | $1.08 | 4 |
| 2026 | $0.64 | 2 |
Dividend growth for Charles Schwab (SCHW)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $1.0800 | — | — |
| 2025 | $1.0000 | $1.0800 | +8.0% |
| 2024 | $1.0000 | $1.0000 | 0.0% |
| 2023 | $0.8400 | $1.0000 | +19.0% |
| 2022 | $0.7200 | $0.8400 | +16.7% |
| 2021 | $0.7200 | $0.7200 | 0.0% |
| 2020 | $0.6800 | $0.7200 | +5.9% |
| 2019 | $0.4600 | $0.6800 | +47.8% |
| 2018 | $0.3200 | $0.4600 | +43.8% |
| 2017 | $0.2700 | $0.3200 | +18.5% |
| 2016 | $0.2400 | $0.2700 | +12.5% |
| 2015 | $0.2400 | $0.2400 | 0.0% |
| 2014 | $0.2400 | $0.2400 | 0.0% |
| 2013 | $0.2400 | $0.2400 | 0.0% |
| 2012 | $0.2400 | $0.2400 | 0.0% |
| 2011 | $0.2400 | $0.2400 | 0.0% |
| 2010 | $0.2400 | $0.2400 | 0.0% |
| 2009 | $0.2200 | $0.2400 | +9.1% |
| 2008 | $1.2000 | $0.2200 | -81.7% |
| 2007 | $0.1350 | $1.2000 | +788.9% |
| 2006 | $0.0890 | $0.1350 | +51.7% |
| 2005 | $0.0730 | $0.0890 | +21.9% |
| 2004 | $0.0490 | $0.0730 | +49.0% |
| 2003 | $0.0440 | $0.0490 | +11.4% |
| 2002 | $0.0440 | $0.0440 | 0.0% |
| 2001 | $0.0407 | $0.0440 | +8.2% |
| 2000 | $0.0373 | $0.0407 | +8.9% |
| 1999 | $0.0360 | $0.0373 | +3.7% |
| 1998 | $0.0311 | $0.0360 | +15.7% |
| 1997 | $0.0267 | $0.0311 | +16.7% |
| 1996 | $0.0207 | $0.0267 | +28.6% |
| 1995 | $0.0138 | $0.0207 | +50.0% |
| 1994 | $0.0094 | $0.0138 | +47.4% |
| 1993 | $0.0086 | $0.0094 | +9.6% |
| 1992 | $0.0042 | $0.0086 | +105.3% |
| 1991 | $0.0029 | $0.0042 | +46.2% |
| 1990 | — | $0.0029 | — |
- 2026—
- 2025$1.0800
- 2024$1.0000
- 2023$1.0000
- 2022$0.8400
- 2021$0.7200
- 2020$0.7200
- 2019$0.6800
- 2018$0.4600
- 2017$0.3200
- 2016$0.2700
- 2015$0.2400
- 2014$0.2400
- 2013$0.2400
- 2012$0.2400
- 2011$0.2400
- 2010$0.2400
- 2009$0.2400
- 2008$0.2200
- 2007$1.2000
- 2006$0.1350
- 2005$0.0890
- 2004$0.0730
- 2003$0.0490
- 2002$0.0440
- 2001$0.0440
- 2000$0.0407
- 1999$0.0373
- 1998$0.0360
- 1997$0.0311
- 1996$0.0267
- 1995$0.0207
- 1994$0.0138
- 1993$0.0094
- 1992$0.0086
- 1991$0.0042
- 1990$0.0029
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Charles Schwab (SCHW) Key Financials
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