SCHW-D Charles Schwab ADRs of 5.95% Non-Cumulative Preferred Series D

We will pay dividends on the Series D Preferred Stock, when, as, and if declared by our board of directors or a duly authorized committee of our board of directors. Dividends will accrue on a non-cumulative basis and be payable from the date of initial issuance, at a rate of 5.95% per annum, payable quarterly, in arrears, on March 1, June 1, September 1 and December 1 of each year, beginning on June 1, 2016. Dividends on the Series D Preferred Stock will not be cumulative. We may redeem the Series D Preferred Stock at our option: in whole or in part, from time to time, on any dividend payment date on or after June 1, 2021 at a redemption price equal to $1,000 per share (equivalent to $25 per depositary share), plus any declared and unpaid dividends, without accumulation of any undeclared dividends; or in whole but not in part, at any time within 90 days following a regulatory capital treatment event (as defined herein), at a redemption price equal to $1,000 per share (equivalent to $25 per depositary share), plus any declared and unpaid dividends, without accumulation of any undeclared dividends.  This security was issued by Charles Schwab Corporation, whose common stock symbol is SCHW.

$25.10  +0.15 (0.60%)
As of 07/01/2022 15:29:45 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  Capital Markets
Index country:  USA
Country of incorporation:  USA
IPO date:  03/09/2016
Outstanding shares:  14,084,276
Average volume:  71,126
Market cap:   $353,022,378
Current dividend yield:  5.93%    calculation
Coupon rate:    5.950%
Cumulative:    No
Liquidation value:   $25.00
Callable after:   06/01/2021
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      BYPFT55

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