The Charles Schwab Corporation
SCHWFinancial Services · Stock · quarterly payer
Forward Yield
1.26%
Annual Dividend
$1.28
Payout Ratio
22%
5-Yr Growth
8.4%
Ex-Date
May 8, 2026
Frequency
Quarterly
Summary
As of July 2026, The Charles Schwab Corporation (SCHW) yields 1.26% ($1.28 per share annually), with a blended fair-value estimate of $151.83 — +50% upside, so it screens as undervalued. Dividend safety grade: A (96/100). 1 years of dividend growth.
Is SCHW a good dividend stock?
YesThe Charles Schwab Corporation (SCHW) pays a quarterly dividend yielding 1.26% ($1.28/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (22%)
- Strong 8.4% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.26%
- Payout Ratio
- 22%
- Annual Dividend
- $1.28
- 5-Yr Avg Growth
- 8.4%
- Ex-Dividend Date
- May 8, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 0.76
- Market Cap
- $178.3B
- P/E Ratio
- 20.2
- 5-Yr Total Return
- 39%
- 52-Week Range
- $83.96 – $107.50
- Dividend Safety
- A · 96/100
- Ever Cut?
- No
Frequently Asked Questions
SCHW Price — Last 12 Months
Daily close
Price Return
1 Year
+6%
3 Years
+72%
5 Years
+39%
52-Week Range
$83.96 – $107.50
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SCHW worth?
Undervaluedlow confidenceOur blended fair-value estimate for The Charles Schwab Corporation is $151.83 per share, versus a market price of $101.56. That implies 50% of upside — a margin of safety of about 33%.
Fair Value
$151.83
Current Price
$101.56
Upside
+50%
Margin of Safety
33%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -3.3% annual free-cash-flow growth. We model 17.5% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.1% discount rate (CAPM), 17.5% stage-1 growth, 2.5% terminal growth, $5.03 EPS, $1.28 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SCHW Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 8, 2026 | — | $0.3200 | regular |
| Feb 13, 2026 | — | $0.3200 | regular |
| Nov 14, 2025 | — | $0.2700 | regular |
| Aug 8, 2025 | — | $0.2700 | regular |
| May 9, 2025 | — | $0.2700 | regular |
| Feb 14, 2025 | — | $0.2700 | regular |
| Nov 8, 2024 | — | $0.2500 | regular |
| Aug 9, 2024 | — | $0.2500 | regular |
| May 9, 2024 | — | $0.2500 | regular |
| Feb 8, 2024 | — | $0.2500 | regular |
| Nov 9, 2023 | — | $0.2500 | regular |
| Aug 10, 2023 | — | $0.2500 | regular |
| May 11, 2023 | — | $0.2500 | regular |
| Feb 9, 2023 | — | $0.2500 | regular |
Income Calculator
At $1.28 / yr per share
