Charles Schwab declares $0.2782 dividend on Series J preferred depositary shares
Charles Schwab has declared a $0.2782 dividend on depositary shares tied to its Series J preferred stock, according to Seeking Alpha, published 26 October 2026.
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what happened
Charles Schwab has declared a dividend of $0.2782 on depositary shares, each representing a one-fortieth interest in a Series J preferred share. The security is described with a 4.450% rate.
The announcement was reported by Seeking Alpha on 26 October 2026. The source text contains only a general disclaimer about investment advice, so it gives no further details on payment dates or record dates.
why it matters
Dividend declarations on preferred securities matter mainly to income-focused investors, because the payout is known in advance. For the broader market this is a routine update with little expected effect on major indices.
tags
instruments
sources
- Charles Schwab 4.450% DEP SHS REP 1/40TH N-CUM PFD SER J declares $0.2782 dividend — Seeking Alpha, 26 October 2026 at 19:02 UTC
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