Charles Schwab 6% Non-Cumulative Perpetual Preferred Stock, Series C

By: ,

Date Issued   7/27/2015

Advertisement.

Shares Issued   24,000,000  Overallotment Shares  None

S&P Rating   BBB   Moodys Rating   Baa2

Advertisement.

Security Ticker Symbol   SCHW-C   OTC Temp Ticker  CSABP

Market Traded On   NYSE

Dividend Payment Paid on the 1st of March, June, September and December beginning on 12/01/2015

Quarterly Dividend   .375   Annual Dividend   1.500

Advertisement.

Securities may be redeemed, at the issuers option, as early as 12/01/2020 for a redemption price of $25/share plus accrued dividends

Dividend Payment Will Likely be a Qualified Distributions

Maturity Date   None

 

Company Investor Relations Page for Charles Schwab

Advertisement.

Below you can find the offering Prospectus and Final Pricing Document

Related Posts:

Tim McPartland

Connect with Tim McPartland

Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
X
Search Dividend Investor