Charles Schwab's Preferred Stock, Series D Ex-Dividend Reminder

The Charles Schwab Corporation's Series D preferred stock (SCHW.PRD) will trade ex-dividend on 5/15/26 for a quarterly payment of $0.372, payable on 6/1/26. Based on the recent share price of $24.90, the dividend implies a yield of roughly 6.0%. This is routine capital return scheduling with limited expected market impact.

Analysis

The Charles Schwab Corporation's Series D preferred stock (SCHW.PRD) will trade ex-dividend on 5/15/26 for a quarterly payment of $0.372, payable on 6/1/26. Based on the recent share price of $24.90, the dividend implies a yield of roughly 6.0%. This is routine capital return scheduling with limited expected market impact.