Charles Schwab Corporation 5.95% Non-Cumulative Perpetual Preferred Stock, Series D
By: Tim McPartland,
Date Issued 03/02/2016
Shares Issued 30,000,000 Overallotment Shares None
S&P Rating BBB Moodys Rating Baa2
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Security Ticker Symbol SCHW-D OTC Temp Ticker SCWBP
Market Traded On NYSE
Dividend Payment Paid on the 1st of March, June, September and December beginning on 6/1/2016
Quarterly Dividend .3719 Annual Dividend 1.4875
Securities may be redeemed, at the issuers option, as early as 6/01/2021 for a redemption price of $25/share plus accrued dividends
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Dividend Payment Will Likely be a Qualified Distributions
Maturity Date None
Company Investor Relations Page for Charles Schwab
Below you can find the offering Prospectus and/or Final Pricing Document
Tim McPartland
Connect with 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.
