Charles Schwab Corporation 5.95% Non-Cumulative Perpetual Preferred Stock, Series D

By: ,

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

Dividend Payment Will Likely be a Qualified Distributions

Maturity Date   None

 

Company Investor Relations Page for Charles Schwab

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Below you can find the offering Prospectus and/or Final Pricing Document

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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.
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